Friday, 19 January 2018

Let us go to Wlmart

Hi All,
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?


7 comments:

  1. Congrats on the purchase pell. I always go to walmart. The door greeters are always nice and the prices are good. Amazon is one of walmarts biggest threats and walmart is doing some good things to fight that with all their online ordering. I dont think walmart is going anywhere! Enjoy the dividends.
    Cheers

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    Replies
    1. Thanks PC. Walmart online is getting bigger too.

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  2. Everytime I go to Walmart I am kind of annoyed by it...but I keep going back...which should tell you it is probably a good investment..haha

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    Replies
    1. That is the thing: we still go back to it for some weird reasons.

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  3. I have one closeby but I don't go often. I'll go to Dollarama and No Frills for most purchases.

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    Replies
    1. Now a days No Frills is getting on the expensive side.

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  4. I usually go to Superstore (Loblaws) but do go to Walmart occasionally. They are one of the winners in the big box store wars though, getting more groceries was a good move. I did buy my vacuum online at walmart as was cheapest. That's about a 6 percent ROI, pretty good for a stable company

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