Double TAP

@porwest (95743)
United States
March 16, 2024 9:35am CST
It may be a weird way to think about it but, it is one of the ways my mind just thinks about money. When I am invested in things. I like to drink beer. I am sure I have mentioned that a time or two here and there. Of course I have. And my preferred beer, although I like many brands and styles, is Miller Lite. I own stock in Molson Coors (Ticker Symbol: TAP) which pays an annual 2.6% yield. So, every time I buy some, I am of course contributing to my stock in a small way. But I also mostly buy it at Walmart, where it happens to be cheaper than anywhere else. And, I also happen to own stock in Walmart (Ticker Symbol: WMT), which only pays a paltry 1.37%. But man, it's a cash cow which is why I own it and own so much of it. But the way my mind sees it is when I buy Miller Lite from Walmart, I am contributing to BOTH stocks. Which to my mind is a double "tap." Both Molson Coors and Walmart make a profit, and because I own them both... So do I.
4 people like this
2 responses
@LadyDuck (472466)
• Switzerland
16 Mar
Well done and suggest to your friends to buy at Walmart and but Miller Lite.
1 person likes this
@porwest (95743)
• United States
9 Sep
@LadyDuck I like enhancing my returns wherever I can. lol
1 person likes this
@LadyDuck (472466)
• Switzerland
9 Sep
@porwest I know you do.
1 person likes this
@porwest (95743)
• United States
9 Sep
@LadyDuck I mean, what would be the point of losing money, right? lol
1 person likes this
@LindaOHio (183879)
• United States
17 Mar
I support your Walmart stock every week. I almost have a cart full for next week. Have a good day.
1 person likes this
@LindaOHio (183879)
• United States
17 Mar
@porwest You're very welcome.
1 person likes this
@porwest (95743)
• United States
17 Mar
Thank you very much. Much appreciated. lol
1 person likes this