North Dakota sports: curling legislated as state sport.
Comment: I haven't watched CNBC in the past week or so. I don't watch CNBC when the market tanks. But I will bet that the CNBC panelists on Fast Money
who called for the Fed to raise "the rate" by another 75 basis points
are now concerned that the global economy is crashing, banks are
failing, and, the stock market is tanking because the Fed raised rates
too fast, too high and said, "higher longer." They're probably now
calling on the Fed to cut rates sooner than later.
Comment:
folks are starting to suggest that 4% inflation is not all bad
considering that most of that "inflation" is out of the Fed's control and
4% inflation looks a whole lot better than a repeat of the global
"1929" depression. That nine percent inflation: due almost completely to
the price of used cars.
Enbridge: won't be able to begin
construction on Line 5 until 2026. The Federal regulators decided it
needed more time to study the permit request. But just think: all that
Enbridge money set aside for building the Great Lakes line will now be
available for dividends and buybacks. I'm loving it.
Moat.
Weeknd:
Disclaimer: this is not an investment
site. Do not make any investment, financial, job, career, travel, or
relationship decisions based on what you read here or think you may have
read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Personal investing:
my next scheduled "buying week" is next week, but I couldn't resist. I
added to my Deere position yesterday, and it looks like today could be
even better for long-term investors.
Personal investing:
- buy second and fourth week of every month; regardless of market action;
- rolling 30-year horizon
- laser-focused on dividends
- "40-30-20-5 -5"
- 40%: Fortune 500; BRK-safe; dividend paying;
- 30%: tech including copper
- 20%: ? -- transitioning from oil to something else (?); only because I'm way over-weight in oil;
- 5%: Big Pharma
- 5%: Daimler
- most important criteria for making the "buying bucket"
- company must have a wide moat (very rare exceptions)
- company must pay a "decent" divided (some exceptions)
- no foreign companies (two exceptions -- special cases)
- no "meme stocks" (no exceptions)
Copper: link here.
Freeport: down over 26% over the past year.
Freeport: link here. Dividend paid in February, 2023: 7.5 cents.
Freeport-McMoRan Inc. announced today that its Board of
Directors declared cash dividends of $0.15 per share on FCX’s common
stock payable on May 1, 2023, to shareholders of record as of April 14,
2023. The declaration includes a base dividend of $0.075 per share and
variable dividend of $0.075 per share in accordance with FCX's
performance-based payout framework.
Freeport-McMoRan Inc. (NYSE:
FCX) announced today that its Board of Directors declared cash dividends
of $0.15 per share on FCX’s common stock payable on May 1, 2023, to
shareholders of record as of April 14, 2023. The declaration includes a
base dividend of $0.075 per share and variable dividend of $0.075 per
share in accordance with FCX's performance-based payout framework.
