I was a bit reluctant about going to Walmart all the time. But, life happens and I want to get things I want for better price.
Walmart happens to be just that. If you need to get grocery or household cleaners or paper products, Walmart is right around the corner. Even the brand name thigs are being produced in China or Bangladesh.
Then, why not just go to Walmart, right? I still don't buy the nuts and chips from their Bulk Barn style bins. Most of the people I know are buying things from Walmart anyway.
So, let us go to the Walmart!
That is what I did on my investments. I bought 12 shares of the company at US$ 99.21/share . It was paying quarterly dividends of 0.51/share. If the company pays the same amount of dividends, then, my income will be increased by $24 by end of this year.
When the disposable income shrinks, people tend to shop more at Walmart. They offer items at lower prices. With so many stores, there is no wonder they can get things at lower prices. Some articles mention the company as recession proof investment. I might buy more shares later in the year.
What do you think of Walmart stores?