I saw that Chipotle (CMG) Split 50-1 and said nope. Let me but some Stock and I did the same when Nvidia Split. What is wrong with me?
Be prepared when the long term trend breaks any day now as we go into recession. Lock in your profits.
If your make a huge profit, like 400K you can put into a money market and self sustainable pit (pussy investment trust) at todays rates about $1600/month in interest. The provider will get a good laugh at your source of funding, too funny,.
I thought stock splits were a good thing, as it lowered the price per share so that more retail investors see the stock as "cheaper" to buy. That in itself tends to raise the split price.
Stock splits are a good thing, I am not sure what the OP is talking about. It is really only going to affect the dividend payout depending on if the split happens before or after the record date.
With very few, specific exceptions, you are correct edinathens! Stock Splits are one of the more profitable (& therefore joyful) events in a investor's life managing his portfolio....I think the Original Poster is a little "Corn-fused" about some aspects of Market analysis and Stock Investing....BUT THAT IS OK..... most people have NO CLUE at all about investing....at least the OP is trying!!
Has this website ever had a section completely devoted to "All things Financial, Investing, and MONEY in general?" It's a hugely pertinent subject area for the whole theme/backdrop of TER in the first place, don't you think?
Folks, with the crazy economic situation in the world these days, it's imperative that you have some protection for your assets from what may be on the horizon.....If you have not already done so, DIVERSIFY using ETFs (Exchange Trade Funds such as Gold and other commodities that people will always need), and add Bond (or fixed Income) funds to your mix (they are not "sexy" but they are safe and dependable.) If you do not understand ETFs, look the term up, they are pretty easy to grasp once you read about them....
Private Message me if you have any specific questions, I will share my OPINION......I am here to help (**pours bowl of Cheerios**)
First off, if you truly did buy some shares of Chipotle after the Historic Stock Split, good on you sir....!! It's a GREAT company in the hands of Brian Niccol, the current CEO who rescued the company 4 years ago as Chipotle Languished due to outbreaks of food poisoning and a tired, lackluster, tasteless menu.
Niccol is an expert at "re-branding" and restructuring companies that are fundamentally sound but have fallen into corporate apathy and malaise.....He's a star, pure and simple, and he is an example of what Warren Buffet looks for when he buys a company, an exceptional visionary leader, the kind of "X" factor you never see on a paper or on a company profile....you have to simply recognize them when you see them.
Prior to Chipotle, Brian Niccol worked for YUM! brands and was responsible for Taco Bell's awesome marketing campaign "Live Mas!", and the whole "Doritos + Tacos" = Food as Fuel etc.....when he landed at Chipotle, he had the R&D Chefs reformulate their exisitng underperforming offerings, instead of trying to reinvent the wheel....the Chicken and the Beef were suddenly "Tasty" again after a few short months of tinkering in the R&D kitchen.
BUT THE REAL KICKER for Chipotle's sustained profitability even with a recession possible is its huge cost cutting innovations involving A.I. innovations....they just invented a A.I. Robot to cut, peel & process Avocados in the restaurants, an "AUTOCADO Machine"....customer's will want to see it in action so it's a draw, and it will save HUGE amounts of cost in labor savings (thus driving up profits & margin)...especially after California hiked the MINIMUM wage from 16 to 20 bucks an hour!
Chipotle is a good investment for the long haul, recession fears notwithstanding (even if there is a recession, hold the stock because it will be a long term success, especially when the recession ends.) And if you happened to own some (even a few) of the previous shares valued at over 3200 bucks per share, you should be ecstatic....
THE DOWNSIDE?
Well, you can see the pitfalls of A.I. innovations exacerbating the unbalanced labor pool situation ....this has been happening since the 1980s, with machines taking over for people, something has to give....all those 16 - 20 dollars an hour Avocado peelers will have to move along and find something else to do, somewhere else to go.....the entire World Economy is in totally uncharted waters, with A.I. Crypto Environmental Catastrophe/Infrastructure problems, the growing Wealth disparity (unprecedented concentration of wealth in the hands of fewer & fewer), unsustainable DEBT by the USA...and two completely ineffectual men running for president, with a US congress unable to do even the most trivial things.....I'd say book your favorite provider and just "Fuck the Pain (and anxiety) away...".....
*Side note* I never heard of a PIT fund....."Pussy Investment Trust"....anyone have a "Golden Shower Fund" (not so) cleverly disguised as a "Rainy Day Fund"? Gah, I hope not.....
You don't seem to be able to separate your discretionary money from investment funds. If you need to pause p4p because you want to buy CMG, you may need a cheaper hobby.
of the local chess club. Lol
Obviously, you get a better high in making money than in wasting it in a hourly session with a pro. Not sure about CMG long-term, but it seems in the past years you can throw money at just about anything for a positive return.
I have no idea what the OP is going on about, but I'll just mention that I owned McDonald's stock when Chipotle was a McDonald's subsidiary. At one point I had the option to convert all my McDonald's stock to CMG. I declined.
Still kicking myself.