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5 Under 10: Low Share Price, Debt Free, Lots of Cash

by Fred Fuld III

It is amazing that there are still debt free stocks with lots of cash and trade for less than $10 per share. The following are five of these low priced stocks with lots of cash per share, and no or very low debt. Most of them have very low cap stocks and should be considered very speculative.

Green Dot Corporation (GDOT) is a financial technology company headquartered in Austin, Texas, with a mission to transform how people manage their money. Founded in 1999, they’ve grown into a leader in the prepaid debit card market, holding the world’s largest market share by capitalization. However, their reach extends beyond prepaid cards. Green Dot also functions as a payment platform company, powering solutions for well-known brands like Apple Cash, Uber, and Intuit.

Green Dot initially targeted teenagers with their prepaid debit cards, offering a way to shop online safely. They quickly pivoted in 2001 to focus on the “unbanked” and “underbanked” communities, providing essential financial services to those who might not have access to traditional banking options. This focus on financial inclusion has remained a core part of their mission.

Green Dot operates as a “branchless bank,” relying on a network of over 90,000 retail locations across the country for distribution. They’ve also established Green Dot Bank, a subsidiary that’s FDIC-insured, ensuring customer deposits are protected. Green Dot’s proprietary technology allows for fast and efficient electronic payments and money management,providing users with secure and intuitive tools to spend, send, save, and control their finances.

Green Dot trades at an incredibly low 43% of cash per share, and it has no long term debt.

The stock trades at 5.4 time forward earnings, and has an extremely favorable price to sales ratio of 0.33. It also sells at 58% of book value.

Long term annual growth estimate of earnings per share over the next five years is 12.9%.

Aeva Technologies, Inc. (AEVA) is a company on the cutting edge of LiDAR technology, a system used in self-driving cars, robotics, and consumer electronics. Their journey began in December of 2016 when Soroush Salehian and Mina Rezk,with experience from Apple and Nikon, founded the company.

In 2017, after securing $3.5 million in funding, Aeva emerged from stealth mode and quickly gained momentum. They secured $45 million in Series A funding from Lux Capital and Canaan Partners, followed by additional investment from strategic partners like Porsche SE and Lockheed Martin.

A significant milestone came in 2021 when Aeva went public through a merger with InterPrivate Acquisition Corp. This merger raised over $560 million and allowed Aeva to begin trading on the NYSE under the ticker symbol AEVA.

Since going public, Aeva has continued to achieve important milestones. They partnered with Fabrinet to manufacture their CoreVision “LiDAR-on-Chip” modules and secured Nikon as their first industrial metrology customer. Notably,Aeva collaborated with TuSimple on the industry’s first fully autonomous drive using their sensor technology.

Their achievements extend beyond the automotive industry. Aeva became the first 4D LiDAR company compatible with Nvidia Drive, a key platform for autonomous vehicles. Additionally, their technology impressed NASA, who contracted Aeva to develop solutions for lunar exploration missions. Most recently, Aeva partnered with SICK AG to provide their 4D LiDAR technology for industrial automation equipment.

Aeva has a price to cash ratio of 0.93. That means that the price of the stock is less than the amount of cash the company has per share. In addition, the company has almost no debt.

The stock is trading at 83% of book value. Unfortunately, the company is generating negative earnings. Sales growth year over year is up over 25%.

Atea Pharmaceuticals, Inc. (AVIR) is a biopharmaceutical company dedicated to developing innovative antiviral treatments. Their focus lies on creating oral therapies to address serious viral infections and improve patient outcomes.

The company leverages its expertise in antiviral drug development, nucleos(t)ide chemistry, and virology to discover and advance novel drug candidates. These candidates target single-stranded ribonucleic acid (ssRNA) viruses, a common cause of severe viral diseases. Currently, their pipeline prioritizes treatments for SARS-CoV-2, the virus responsible for COVID-19, and Hepatitis C Virus (HCV).

Atea operates at the clinical stage, which means their drug candidates are undergoing clinical trials to assess their safety and efficacy. Their commitment to efficient and scalable manufacturing ensures potential stockpiling of their medications for future outbreaks.

Beyond just scientific expertise, Atea fosters a culture of diversity, equity, and inclusion within their workforce. They believe this approach fosters innovation and allows employees to contribute their unique perspectives for the benefit of the company and future patients.

Atea trades at only 57% of its cash per share, and is totally debt free. That means that if the company stopped operating today, and all the company’s non-cash assets were totally worthless, investors would almost double their money just from the cash.

However, since this is a biotech company, the burn rate can be high. The burn rate is, in simple terms, the amount of cash the company is spending of its cash on an ongoing basis.

The stock trades at 58% of book value. The company generates negative earnings and hasn’t yet generated sales.

American Well Corporation (AMWL), known simply as Amwell, is a frontrunner in the telehealth industry. They focus on creating digital healthcare solutions that make medical care more accessible and convenient.

Founded in 2006, Amwell offers a comprehensive platform called Amwell Converge. This platform equips healthcare systems, health plans, government agencies, and even universities with the tools they need to provide efficient virtual care. Amwell Converge facilitates a variety of healthcare interactions, including both on-demand and scheduled consultations, ranging from primary and urgent care to specialty consultations like telestroke and telepsychiatry.

Amwell operates across the United States, partnering with over 240 health systems and 55 health plans, collectively reaching over 80 million covered lives. Their reach extends beyond basic consultations as well. Amwell offers Amwell Medical Group, a subscription-based service that connects patients with a network of licensed physicians for ongoing care needs.

Looking beyond the platform itself, Amwell prioritizes partnerships. They collaborate with a wide range of healthcare providers, payers, and innovators to create a comprehensive care ecosystem that seamlessly blends in-person, virtual, and even automated care options. This patient-centered approach aims to improve healthcare outcomes and make quality care more accessible to everyone.

The stock, which has very low debt, sells at 45% of cash, 34% of book value, and has a price sales ratio of 0.55. The company has been generating negative earnings.

ContextLogic Inc. (WISH), better known by its shopping platform Wish, is an e-commerce company that thrives on mobile technology. Established in 2010, they’ve carved a niche for themselves in the online shopping world, particularly in Europe and North America, with a presence in South America and other regions as well.

Wish’s core function is to connect consumers with a vast network of merchants. They utilize a user-friendly mobile app to showcase a wide array of products, often at competitive prices. Their personalized product recommendations and gamified shopping experience have become hallmarks of the Wish platform.

ContextLogic Inc. doesn’t just connect buyers and sellers; they also provide valuable services to their merchants. The company offers marketplace and logistics support, streamlining the process for businesses to reach new customers and efficiently deliver their products. This focus on both sides of the e-commerce equation has been instrumental in Wish’s growth and success.

Headquartered in San Francisco, California, ContextLogic Inc. continues to innovate and expand its reach, making online shopping more accessible and convenient for millions of users worldwide.

The stock has a price to cash ratio of 0.41, a price to book ratio of 0.76, and a price sales ratio of 0.57. The company has been generating negative earnings.

Keep in mind that there are all very low market cap companies that should be considered very speculative.

Disclosure: Author didn’t own any of the above at the time the article was written.

Can Weight Loss Companies Fuel Gains in Your Stock Portfolio?

by Fred Fuld III

The past year has seen a surge in the popularity of injectable medications for weight loss. Drugs like Ozempic and Wegovy, both made by Novo Nordisk (NVO), and Zepbound and Mounjaro, which are manufactured by Eli Lilly (LLY), are finding themselves in high demand, despite their hefty price tags and limited insurance coverage.

This trend reflects a growing openness to pharmaceutical solutions for weight management, alongside traditional methods like diet and exercise. These injectable drugs, which mimic natural gut hormones, work by curbing appetite and promoting feelings of fullness. Studies have shown significant weight loss in patients using these medications.

Ozempic and Wegovy are both GLP-1 receptor agonists, targeting a specific hormone that regulates appetite and blood sugar. Ozempic was originally approved for type 2 diabetes, but its weight loss side effects have driven its use in that area as well. Wegovy, on the other hand, is specifically FDA-approved for chronic weight management.

Zepbound, a newcomer to the market, is another GLP-1 receptor agonist with an additional twist. It also targets another gut hormone, GIP, that further enhances feelings of fullness and reduces appetite. Early studies suggest Zepbound may lead to even greater weight loss than Wegovy.

Mounjaro, another Eli Lilly product, joins the party as a dualincretin medication. Like Zepbound, it targets both GLP-1 and GIP receptors, offering similar weight loss benefits. Interestingly, Mounjaro is actually FDA-approved for type 2 diabetes, but like Ozempic, its weight loss effects are driving its use in that area as well. Studies suggest Mounjaro might be as effective as Zepbound in terms of weight loss.

This rise in weight loss injectable use is projected to continue. Analysts predict the weight loss drug market could reach $100 billion by the end of the decade, with millions of patients potentially using these medications. However, challenges remain. The high cost and limited insurance coverage are barriers for many. Additionally, long-term side effects of these medications are still being studied.

While these injectable drugs offer a promising new tool for weight management, they are not a magic bullet. They are most effective when used in conjunction with a healthy diet and exercise program.

Novo Nordisk (NVO) is a global healthcare company headquartered near Copenhagen, Denmark, with a rich history dating back to 1923. Their founding story is intertwined with the discovery of insulin, a revolutionary treatment for diabetes.

The company’s mission is “to drive change to defeat serious chronic diseases,” and they have become a leader in the diabetes care space. They develop and manufacture a wide range of diabetes medications, including injectable insulins and GLP-1 receptor agonists like the popular Ozempic and Wegovy mentioned earlier.

Beyond diabetes, Novo Nordisk is expanding its reach into other chronic diseases. They offer treatments for obesity, such as Wegovy, and medications for hemophilia and other rare blood disorders. Their research and development efforts continue to push boundaries in these areas.

Novo Nordisk employs over 64,000 people worldwide and distributes its products in over 170 countries.

The stock trades at 44 times trailing earnings and 31 time forward earnings. Quarterly revenue growth year-over-year was 23.6%, with earning growth over the same period at an incredible 30.7%.

Novo pays a dividend semi-annually, with an estimated yield of 1.31%.

Eli Lilly and Company (LLY), headquartered in Indianapolis, Indiana, boasts a rich heritage dating back to 1876. Founded by Colonel Eli Lilly with a vision to “take what you find here and make it better and better,” the company has established itself as a major player in the pharmaceutical industry.

Eli Lilly is dedicated to turning science into solutions for a healthier world. Their core focus lies in research and development, with a significant portion of their workforce dedicated to this pursuit. They leverage advancements in biotechnology, chemistry, and genetic medicine to tackle some of the world’s most pressing health challenges.

The company’s product portfolio is extensive, encompassing medications for a wide range of conditions. Here’s a glimpse into their key areas:

Diabetes: Eli Lilly has a strong presence in diabetes care, offering medications beyond the newcomer, Mounjaro,discussed earlier.
Oncology: They are actively involved in cancer research and development, producing treatments for various types of cancer.
Immunology: Eli Lilly develops medications for autoimmune diseases and other conditions related to the immune system.
Pain Management: The company offers a range of pain management solutions.
Others: Eli Lilly’s product line also includes medications for neurology, endocrinology, and other therapeutic areas.

With over 44,000 employees worldwide and a strong emphasis on scientific advancement, Eli Lilly remains a force to be reckoned with in the global pharmaceutical landscape.

Lilly has a nosebleed high trailing price to earnings ratio of 116; but a bit more reasonable forward P/E of 41.5. Quarterly revenue growth grew 26%, with quarterly earnings per share growth at a superior 66.7% year-over-year.

The company pays dividends quarterly and yields 0.67%.

If you are looking for a non-pharmaceutical investment option, there is WW International (WW).

WW International, Inc., formerly known as Weight Watchers International, is a global company headquartered in New York City. Founded in 1963 by Jean Nidetch, WW has a long history of helping people achieve weight loss and wellness goals.

Shifting Focus: Beyond Weight Loss

Traditionally, WW was known for its weight loss programs, often centered around group meetings and a points-based system for tracking food intake. However, in 2018, the company underwent a significant rebranding, reflecting a shift towards a more holistic approach to health and wellness.

This move is reflected in their new name, WW, which purposely avoids mentioning weight. Their current programs encompass aspects like fitness, mindset, and overall healthy habits, not just weight loss on the scale.

WW’s Offerings Today

WW offers a multi-pronged approach to wellness, with options to suit different needs and preferences:

Digital Solutions: Their mobile app and website provide access to tools for tracking food, activity, weight, and sleep. They also offer educational content and motivational support.
Coaching: WW provides online or phone coaching for personalized guidance and support.
Wellness Workshops: These in-person group meetings, formerly known as Weight Watchers meetings, foster a sense of community and offer guidance on healthy living.

Financial Performance

While they have faced challenges in recent years, they remain a major player in the weight management and wellness industry.

The stock has taken a major hit in the last seven months, dropping from above $13 a share to now less than two dollars a share.

The company generated a huge lost for the year; however, it is estimated that it will produce a reasonable profit next year, providing a forward P/E of 7.06.

Summary

Novo and Lilly have already had major gains in their stock price. It remains to be seen it this growth will continue, especially with greater acceptance of their drugs.

Hopefully, one of these companies can provide greater weight to your portfolio.

Disclosure: Author has a small bullish call position in Novo.

Josh Tolley: The Fastest, Most Proven Way to Create Life-Changing Prosperity: Exclusive Interview

by Fred Fuld III

The following informative interview was provided by Josh Tolley, the founder and chairman of Tolley & Company, an organization that buys, builds, operates and sells companies in multiple industries including finance, spirits, birthing centers, professional sports and many others. Josh has built multiple multi-million-dollar companies over his career and has helped many other people do the same. He has appeared on national and international television, been featured in two documentaries, has conducted over 1,000 interviews, 2,000+ radio broadcasts and is regarded by many as the Global Voice on Business.His book was recently released, with the title: Acquisitional Wealth: The Fastest, Most Proven Way to Create Life-Changing Prosperity, which was recently released. Check out my book review.

This interview contains a lot of great information about buying your own business. Some of the topics included are as follows:

• Why owning a business is the best way of investing your money
• What are the best industries to own a business in
• What are the worst industries to own a business in
• How to use IRA funds to invest in your own business
• The worst mistakes that first time business buyers make
• and much, much more!

The Josh Tolley Interview

To stream the interview, click:

HERE

It may take a few seconds to load. You can also download the interview as an mp3 file by right-clicking (or Control clicking) HERE
and choosing “save as”.

The Acquisitional Wealth Book

The book, Acquisitional Wealth: The Fastest, Most Proven Way to Create Life-Changing Prosperity, is available through Amazon and other book stores.

More Information about Josh Tolley

Additional information can be found about Josh Tolley and his company can be found at JoshTolley.com

Enjoy the interview!

Neither this site, nor the interviewer, nor the interviewee are rendering tax, legal, or investment advice in this interview. All opinions are those of Josh Tolley, and do not represent the opinions of this site or the interviewer.

The page contains Amazon affiliate links.

Exploring the Significance of Gold in History and the Economy

A couple weeks ago, we posted an article about silver as an investment. Now it’s time for gold.

Gold has captivated humanity for millennia, with its allure dating back to ancient civilizations. As shiny nuggets were first discovered, gold quickly became a symbol of wealth and power. The scarcity and distinctive properties of gold made it highly prized. This led to the adoption of gold as currency by various cultures across the globe. Gold played a crucial role in shaping economies and trade networks, facilitating commerce and influencing political dynamics.

The California Gold Rush of the mid-19th century marked a pivotal moment in gold’s history. The discovery of gold nuggets at Sutter’s Mill in 1848 sparked a large migration to the American West, drawing people from all walks of life in search of fortune. The influx of prospectors fueled rapid economic growth and transformed California into a growing economy.

Gold is often regarded as a hedge against inflation due to its historical track record of preserving wealth during times of economic uncertainty. When inflation rises, the purchasing power of fiat currencies decreases. This leads investors to seek assets that can retain their value. Gold has demonstrated its ability to act as a store of value over centuries, making it a popular choice for investors looking to protect their wealth from the devastating effects of inflation.

During periods of high inflation, the price of gold tends to increase as investors flock to it as a safe haven asset. Gold’s scarcity and tangible nature contribute to its appeal as a hedge against inflation. Unlike fiat currencies, which can be subject to manipulation by central banks. The gold supply is limited, providing a natural defense against currency devaluation. Additionally, gold has inherent value and is not reliant on the performance of financial markets, making it a reliable hedge during times of economic turbulence.

Gold’s status as a globally recognized currency adds to its appeal as an inflation hedge. This universal acceptance of gold allows its liquidity as a hedge against inflation in various economic environments. Central banks and institutional investors often allocate a portion of their portfolios to gold to mitigate the effects of inflation and safeguard their wealth over the long term.

Some of the major U.S. gold mining companies are:

Company	Company Symbol	Price to Book	PEG	PE	Price to Sales	Forward PE	Yield
Coeur Mining Inc	CDE	1.7	NA	na	2.2	16.26	0
i-80 Gold Corp	IAUX	0.89	NA	NA	7.24	NA	0
Newmont Corp	NEM	1.55	0.79	NA	3.82	14.48	2.56%
Novagold Resources Inc.	NG	25.84	NA	NA	NA	NA	0.00%
Royal Gold, Inc.	RGLD	2.79	7.49	33.69	13.32	22.46	1.32%
SSR Mining Inc	SSRM	0.32	NA	NA	0.76	15.5	5.45%

Throughout history, gold has retained its status as a safe haven asset and a hedge against economic uncertainty. Its value surged during times of crisis, such as wars, financial crises, and geopolitical tensions. In the modern era, gold continues to play a crucial role in investment portfolios and central bank reserves, providing stability in volatile markets. Its timeless appeal as a store of value ensures that gold remains a cornerstone of global finance and culture.

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Disclosure: Author had no positions in any of the above at the time the article was written.

Stocks Owned by the Top 5 Billionaires

Forbes’ 2024 list of the world’s richest people highlights top figures from different fields. Leading the list is Bernard Arnault & family, who hold the title of the wealthiest individual globally with a net worth of $213.5 billion. Jeff Bezos and Elon Musk follow closely behind, with fortunes of $197 billion and $191 billion, respectively. Mark Zuckerberg and Larry Ellison complete the top five, boasting significant wealth from their own ventures. Below are the stocks associated with each of them.

Bernard Arnault & Family- $213.5 Billion

Louis Vuitton, part of LVMH, also known as Moët Hennessy Louis Vuitton (LVMUY), is a famous luxury brand known for its high status, top-notch quality, and expert craftsmanship. Investors like it for its strong reputation and its position as a top luxury fashion brand worldwide. LVMH also shows steady sales growth in many places and is making more profit, showing it’s strong and could keep doing well. Investors like Louis Vuitton for its creativity by always coming up with new ideas. Buying Louis Vuitton stock means believing in the brand’s lasting popularity, its money stability, and its chances to grow more in the luxury market.

Jeff Bezos – $197.6 Billion

Investors find Amazon stock (AMZN) attractive because of its strong presence in online shopping, cloud services, and other industries. Amazon’s constant innovation, wide-reaching customer base, and well-known brand make its stock very appealing for investors. Its stable income from different sources like Amazon Web Services (AWS) and online sales suits are very appealing for both short-term and long-term investors. Positive feelings about Amazon’s financial performance, such as its cash flow and market position, add to the reasons why stock is so popular. Overall, Amazon’s reputation for growth and resilience continues to drive investor interest and support.

Elon Musk – $191.1 Billion

Tesla (TSLA) stands out as a top player in the electric vehicle (EV) scene, known for its creative tech and game-changing strides in eco-friendly travel. This draws in investors who see the promise of electric cars and believe in Tesla’s role in shaping the car industry of tomorrow. Plus, Tesla’s CEO, Elon Musk, is quite a character, and his big ideas earn him trust from investors. Musk dreams of making cars drive themselves and expanding Tesla’s energy-saving solutions, which excites his followers looking for big investment chances. Tesla’s got a solid fan base too, making it more than just a car company; it’s a symbol of moving forward and doing things differently.

Mark Zuckerberg – $155.7 Billion

Meta (META), previously Facebook, is a top social media platform with over 3 billion users worldwide, making it a great choice for investors looking to tap into the digital advertising market. Meta’s move into virtual reality (VR) and augmented reality (AR) tech, like the Oculus VR headset, shows its commitment to growing its revenue sources and staying ahead in technology. Investors also see potential in Meta’s ability to benefit from the recovering advertising market, thanks to its successful ad campaigns and efforts to keep users engaged. Overall, Meta’s long-term strategy, huge user base, and innovative tech projects make its stock an attractive option for many investors.

Larry Ellison – $148.5 Billion

Oracle (ORCL) is a big tech company known for its computer software and services, like databases and cloud computing. Investors like Oracle because it’s well-known for providing reliable tech solutions, which makes it a popular choice for people looking to invest in the tech industry. Oracle also grows by buying other companies, like Cerner Corporation, showing it wants to offer more and stay competitive. Plus, Oracle is doing well in cloud computing and has big clients like Zoom Video Communications, which makes investors feel good about its future growth. In general, investors buy Oracle stock because they trust it to keep coming up with new ideas, follow market trends, and make money for its shareholders in the long run.

Company	Company Symbol	Price to Book	PEG	PE	Price to Sales	Forward PE	Yield
LVMH Moët Hennessy – Louis Vuitton, Société Européenne	LVMUY	6.48	2.62	26.08	4.59	23.87	1.65%
Amazon.com, Inc.	AMZN	9.26	2.24	61.94	3.28	42.55	NA
Tesla, Inc.	TSLA	8.34	2.75	43.04	6.2	62.11	NA
Meta Platforms, Inc.	META	7.52	1.03	25.51	8.19	22.52	0.45%
Oracle Corporation	ORCL	57.29	1.3	30.93	6.28	18.73	1.37%

Could some of these stocks make you a billionaire?

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Disclosure: Author owns AMZN.

Stocks Going Ex Dividend in May of 2024

The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.” This strategy involves purchasing stocks before the ex dividend date and selling them shortly after the ex-date at a similar price, while still being eligible to receive the dividend payment.

Although this technique generally proves effective in bull markets and flat or choppy markets, it is advisable to exercise caution and consider avoiding this strategy during bear markets. To qualify for the dividend, it is necessary to buy the stock before the ex-dividend date and refrain from selling it until on or after the ex-date.

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

For investors seeking a comprehensive list of stocks going ex-dividend in the near future, WallStreetNewsNetwork.com has compiled a downloadable list containing numerous dividend-paying companies. Here are a few examples showcasing the stock symbol, ex-dividend date, periodic dividend amount, and annual yield.

Citigroup, Inc. (C)	5/3/2024	0.53	3.43%
Walmart Inc. (WMT)	5/9/2024	0.2075	1.38%
Target Corporation (TGT)	5/14/2024	1.10	2.68%
Microsoft Corporation (MSFT)	5/15/2024	0.75	0.75%
Johnson & Johnson (JNJ)	5/20/2024	1.24	3.38%
Discover Financial Services (DFS)	5/22/2024	0.70	2.23%
T-Mobile US, Inc. (TMUS)	5/31/2024	0.65	1.58%

To access the entire list of over 100 ex-dividend stocks, subscribers will receive an email in the next couple days with the full list. If you are not already a subscriber, you can sign up using the provided signup box below. Don’t miss out on this valuable information, and the best part is that it’s free!

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Declaration date: This refers to the day when a company announces its intention to distribute a dividend in the future.
Ex-dividend date: On this day, if you purchase the stock, you would not be eligible to receive the upcoming dividend. It is also the first day on which a shareholder can sell their shares and still receive the dividend.
Record date: This marks the day when you must be recorded on the company’s books as a shareholder to qualify for the dividend. Typically, the ex-dividend date is set two business days prior to the record date.
Payment date: This is the day on which the dividend payment is actually made to the eligible shareholders. It’s important to note that the payment date can be as long as two months after the ex-date.

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

In conclusion, being aware of the stocks going ex-dividend can be advantageous for traders and investors employing the “Buying Dividends” strategy. WallStreetNewsNetwork.com provides a convenient resource to access a comprehensive list of such stocks, allowing individuals to plan their investment decisions effectively. Remember to stay informed and consider market conditions before employing any investment strategy.

Disclosure: Author did not own any of the above at the time the article was written.

Fake Dirty Underwear: Why You Need to Buy Some

by Fred Fuld III

Recently, I posted an article about investing in silver and silver coins. But if you buy silver, or gold, coins, where do you hide them?

One popular location is a bank’s safe deposit box. But the disadvantages are that you can’t get access to the coins at all times, and if on the very rare occasion that the safe box is broken into, the bank isn’t responsible for the loss of contents.

So suppose you want to keep them at home. Unfortunately, burglars know all the common places.

These include your top dresser drawers, drawers in your nightstands, backs of closets, cookie jars, under your mattress, in the toilet tank, and other areas that are convenient for you but also the burglars.

Some sources suggest leaving the burglars a ‘tip’ which would be a small amount of cash that’s easy to find so that the burglars find it and leave without spending too much time in your house.

One source even recommends leaving a twenty dollar bill on a little table just inside your front door, because if the bad guys don’t find any money, they may retaliate by causing destruction in your house. This is especially true for teenage intruders.

Here is a suggestion. Get any old coins that you have in your house that aren’t worth much or even not worth anything above face vale, but just appear to be old. Put them in a container with a label on it that says ‘coin collection’ and keep it in your dresser. Keep your real coin collection in a much more secure location.

Let me tell you where you never should hide any items. Never, ever store valuables at the bottom of a wastebasket. The burglars may never look there, but it is almost certain that at some point, either you or a family member or a friend will accidentally throw out the valuables with the garbage. I personally had a close call with this type of hiding place.

So what does all this have to do with dirty underwear? There is a product that burglars wouldn’t even want to get close to, where you can hide cash, jewelry, or other valuables.

The product is called the Brief Safe Hidden Contents Travel Passport Wallet. A description of what it is in simple terms would be a pair of men’s underwear with a smear of coloring on it that looks like an accident took place in them. Inside is a stealth area where valuable items can be hidden.

This product is what is known as a diversion safe, also known as a camouflaged safe or secret stash container or hidden safe. It is a product to hide valuables in everyday household items.

If dirty underwear is a bit too gross, then there are plenty of other options. The ROLOWAY Hanger Diversion Safe is a way to hide valuables under an article of clothing hanging in your closet. A burglar might possibly check the pockets of all your coats and jackets that you have hanging up, but is he, or she, really going to take every article of clothing off all the hangers?

This product has one other advantage. According to the manufacturer, it is fireproof to 4200 degrees.

You might also consider a Dasani Bottled Water Diversion Safe or a Soup Can Diversion Safe.

There are plenty of items that you can hide in these safes. Here are just some examples:

keys
watches
medicine
cash
gold coins
silver coins
precious gems
diamonds
bullets
USB drives
necklaces
earrings
rings
small documents (e.g. Social Security card)
gold nuggets

Plan ahead. Keep your valuable safe.

Happy hiding!

This page contains Amazon Affiliate links.

Should You Shine On Silver? Examining the Benefits and Investment Options

Unveiling the Precious Metal’s Potential in Your Portfolio

Silver, the lustrous metal, has captivated investors for centuries. But beyond its beauty, silver offers a unique blend of potential benefits for your portfolio. Let’s explore why you might consider adding silver to your investment mix, and then delve into the various ways to hold this precious metal.

The Allure of Silver

Diversification: Silver’s price movements tend to have a low correlation to stocks and bonds. This means it can act as a hedge, potentially offsetting losses in other parts of your portfolio during economic downturns.
Inflation Hedge: Silver, like gold, has historically held its value well against inflation. As the cost of living rises, silver’s price may follow suit, protecting your purchasing power.
Industrial Demand: Silver’s industrial applications in solar panels, electronics, and medical devices create a constant demand stream, potentially influencing its price positively.
Potential for Growth: Silver’s supply is finite, while demand is expected to rise, particularly in developing economies. This imbalance could lead to price appreciation in the long run.
Affordable Entry Point: Compared to gold, silver offers a more accessible entry point for investors starting with precious metals.

Silver Investment Options: Weighing the Pros and Cons

PHYSICAL SILVER (Bullion & Coins):
- Pros: Tangible ownership, no counterparty risk, potential for collector’s value (for certain coins).
- Cons: Storage costs, insurance considerations, potential difficulty selling quickly.
SILVER MINING STOCKS:
- Pros: Potential for higher returns due to leverage on the silver price, diversification within the precious metals sector.
- Cons: Higher risk compared to physical silver, volatility associated with the company’s performance.
SILVER ETFs (Exchange Traded Funds):
- Pros: Low storage costs, fractional shares allow for easier investment amounts, high liquidity.
- Cons: You don’t own physical silver, expense ratios can eat into returns, counterparty risk associated with the ETF issuer.
  
  The most popular silver ETF is the iShares Silver Trust (SLV), which has an objective of tracking the price of silver.

A Word about Silver Coins and Authenticity

Be careful about buying silver coins, as there are many fakes being distributed. These are not just the coins with numismatic value but also the so-called junk silver coins and even the bullion coins (silver rounds).

Fortunately, there are several ways of checking whether a coin is genuine or not. One simple way is to use a phone app called CoinTester. It measures the sound of the ping when the coin is hit with an object, like a pencil.

First, you choose the type of coin. (Note: If you are checking a silver dollar, for Keyword, just type Dollar, not Silver Dollar.) You place the coin on your fingertip, tap Check on the app, then hit the coin a few times with something that won’t damage the coin (I use the wooden part of a pencil.) If is shows a 0 or 1 out of 3, it means the coin is a fake. If it shows a 2 or a 3 out of three, the coin is real.

Just remember that all tests for coins aren’t foolproof. The best approach is to buy from a very reputable coin dealer.

Many numismatic coins are slabbed. In numismatics (the study or collection of coins), “slabbed” refers to the process of encapsulating a coin in a hard plastic holder, often called a slab. These slabs are usually sealed and graded by a professional coin grading service. The purpose of slabbing coins is to protect them from damage and to provide an objective assessment of their condition and authenticity.

When a coin is slabbed, it is typically accompanied by a label indicating its grade, which is determined based on factors such as wear, luster, strike quality, and any imperfections. This grading process helps collectors and investors assess the value of the coin and provides assurance about its authenticity and condition.

Slabbed coins are often considered more desirable for collectors and investors because they come with a trusted third-party evaluation, reducing the risk of buying counterfeit or over-graded coins.

The Final Shine

Silver offers a compelling option for investors seeking diversification, inflation protection, and potential growth. Carefully consider your investment goals and risk tolerance when choosing between physical silver, mining stocks, or ETFs. Remember, a well-rounded portfolio is key, and silver can be a bright addition to the mix.

Acquisitional Wealth: A Game-Changer for Financial Freedom

by Fred Fuld III

It is rare that I read a book cover-to cover. This is one of them.

Josh Tolley’s Acquisitional Wealth: The Fastest, Most Proven Way to Create Life-Changing Prosperity is a breath of fresh air in the personal finance genre. Forget the slow slog of traditional wealth-building advice. This book cuts to the chase, revealing the power of acquisition as the key to financial transformation.

Tolley argues convincingly that the wealthy have known this secret for ages, and Acquisitional Wealth unlocks it for you. The book lays out a clear, actionable plan for acquiring businesses, not just any businesses, but those primed for growth and profitability.

Here’s what truly impressed me:

Simple Yet Powerful: The core concept is deceptively simple, focusing on acquisition over time-consuming ventures like stock picking. But the practical steps to find and evaluate businesses are well-explained.
Actionable Strategies: Tolley doesn’t just provide theory. He offers a roadmap, complete with resources and guidance, to put his ideas into action.
Mindset Shift: This book is more than just strategies. It’s about challenging limiting beliefs and approaching wealth-building with a new perspective.

I like the fact that he goes into great detail without being boring. For example, after you buy a business and have your first meeting with the employees, he even tells you what type of food to serve at the meeting.

Whether you’re a complete novice or a seasoned investor, Acquisitional Wealth has something to offer. It’s not a get-rich-quick scheme, but a realistic and empowering path to financial independence.

If you’re ready to ditch the slow lane and take control of your financial future, this book is a must-read.

This page contains Amazon Affiliate links.

Stocks Going Ex Dividend in April 2024

However, it is important to note that the actual dividend may not be paid for several weeks, as the payment date can be delayed by up to two months after the ex-date.

New York Times Company (NYT)	4/1/2024	0.13	1.19%
JP Morgan Chase & Co. (JPM)	4/4/2024	1.15	2.35%
Verizon Communications Inc. (VZ)	4/9/2024	0.665	6.51%
American Eagle Outfitters, Inc. (AEO)	4/11/2024	0.125	2.02%
Williams-Sonoma, Inc. (WSM)	4/18/2024	1.13	1.47%
Krispy Kreme, Inc. (DNUT)	4/23/2024	0.035	0.81%
Heineken N.V ADR (HEINY)	4/29/2024	0.453598	1.96%

Dividend Definitions

To better understand the dividend-related terms, let’s define them:

Before implementing the “Buying Dividends” technique, it is crucial to reconfirm the ex-dividend date with the respective company to ensure accuracy and avoid any unexpected changes.

Disclosure: Author did not own any of the above at the time the article was written.