The July Four
Welcome to the Schmoozeletter Blog. Your source for weekly water cooler wisecracks from the world of finance. If you have an opinion different than mine or a topic you want to hear about, let me know!
This week, Mr. Market stays hotter than a glizzeling tube of questionable pork product as he rips to new all-time highs off a better-than-expected jobs report Thursday morning.
Good news for the economy!
Bad news for the wannabe RateCutter-In-Chief, as the Fed will likely keep interest rates steady through July.
What does the Chairman of the Fed, Jerome Powell, get for a job well done? What does he get for keeping his steady, logical, data-driven approach that he was employed to do as the independent balance of power saving us from a communist dictatorship economy like North Korea?
Calls for a congressional investigation by Trump’s cronies, of course!
I may be crazy, but I’m not sure I’d categorize disagreeing on the process this country uses to determine interest rates as a criminal activity.
Criminal activities are things like insider trading.
Which, here is a shocker for you, was going on with the Presidential Meme Coin for Melania Trump to the tune of tens of millions of dollars. I’m not even going to throw an “alleged” on there, as this YouTuber breaks it down in extreme detail to the exact crypto wallets on the blockchain.
Worth a watch if you have 15 minutes to kill.
So that should take the SEC all of about two seconds to investigate and confirm but, here is another shocker, there is no SEC investigation.
Remember kids, crime is legal when you support Donald Trump.
But enough mumbo jumbo. This is:
The July Four
Happy Independence Day! Welcome to The July Four. I hope you just finished chowing down some dogs and watching some fireworks like the Founding Fathers intended. This is the four best stocks you can buy right now, in July.
Now, there are a lot of different definitions of “best,” so…
You figure it out.
Here are the four best stocks. With four fun pics. And four fun facts. For July 4th.
God Bless America.
GOOG – 180
Fun fact: Google is the most profitable company in the world.
No company has had more net income in the past twelve months than the Search giant. Despite the excellent fundamentals and growth projections, it is only the 5th most expensive in the world.
Has ChatGPT killed Google yet, or are we still waiting?
AMZN – 223
Fun fact: Amazon is launching satellites to get into the internet game.
Watch out, Comcast! This is just one of the many things Amazon does with their boatloads of cash. They are never complacent. They are always using capital to move on to the next venture.
Hey Bezos, you feeling like getting into the trash pickup game next? Sincerely, a Philadelphian.
VICI – 33
Fun fact: 84% of the rent roll comes from three casinos on the Vegas Strip.
Would you rather own casino properties than gamble at them? If you think Caesars, MGM, and The Venetian will be able to pay their rent, then you can be collecting 5%+ cash dividends from VICI for decades to come.
There are much worse things to bring back from Vegas than some real estate…
SCHD – 27
Fun fact: SCHD is at one of its highest yields in a decade.
Is it cheating to use an ETF? The market is at all-time highs, but the best dividend growth ETF on the market is still at a discount.
This is the number one stock for buying and never needing to worry about or look at again for the rest of your life… like the exercise equipment collecting dust in your basement.
Happy Fourth!
Final Thought
“Our favorite holding period is forever." - Warren Buffett
