@StackTheoryHQ Correct. Once the biggest companies start adding 10% allocations to their balance sheet too we’ll be in business. I think most are waiting on regulation like the clarity act to pass.
@StackTheoryHQ Agreed. I’d say 10+ but that means regulation, banks and financial institutions offering it for costumers to buy, being able to use bitcoin at every grocery store, to buy a car, etc.
@Hodlstay Didn’t do enough research and bought a ton at like 115k. Wish I would’ve DCA’d a little more instead of big lump sum buys. Either way, I don’t regret it.
@BoujeeFinances 2012 Kia Sorento 190k miles. Driving it into the dirt. Have never had a car payment on it. It’s worth ~$800 but to me, it’s worth far more.
@dotkrueger “But it’s not in the 60s”
Like who the hell cares if it’s going to 150-200k+ this cycle. People have FOMO about missing 60s, but are scared to buy in the 80s. Makes zero sense
I can’t ignore their 5 year returns and how well the company has grown. People don’t realize although the S&P is up a good amount on the year, most individual stocks are down bad. I don’t see their recent performance too problematic, but I wonder what their growth and numbers look like next earnings. They still profit like 15 billion+ per year haha
Stock of the Day - $COST
Costco does it all from grocery and bulk items, to electronics, gas, car maintenance and more. It remains one of the premium-value compounders in the retail space.
Stock price - $949.79
P/E ratio - 45.61x (trailing)
12-month price targets are $1,070.10 meaning it is sitting 11.2% below the average 12-month analyst target. $COST is down 14-15% from its 52 week highs. This stock maintains a moderate buy rating. It is up 10.3% YTD, but only 0.57% over the last year.
My biggest concern in their stock price is their P/E ratio significantly higher than Walmart (~40x) or Target (16x), although it’s probably justified trading at a premium like this.
Their membership retention is ridiculous. 92.3% in North America and 89.8% globally with over 84 million paid members and 42.3 million executive members.
What’re your thoughts on $COST stock at these prices?
@Compound_Kid_ Far less for me. Assuming my house is paid off in retirement, I’m not sure how I spend more than 120k a year. But I also live in Wisconsin where cost of living isn’t cheap, but isn’t NY or California
I’ll buy $0.50 of Bitcoin for every like this post gets over the weekend. I’ll buy it Monday morning and post how much it ended up being. Do your worst.
Order of operations to get out of debt:
1. Pay off credit cards every month
2. Pay more on your car than you owe each month
3. Stop spending money on stupid 💩
Strategy has acquired 250 $BTC and repurchased $192M of $STRC. As of 10/11/26, we hold 848,250 BTC and $5.5B of USD Assets. $MSTR https://t.co/hhxR6N95mq
@indexinitely Not at all. I hold very little MSTR and it’s only so I can sell it during the bull market for profit. The BTC is stored away and I won’t touch that. I think of it like I have 95% in BTC and I’ll profit on the 5% of other bitcoin related things I own
Unfortunately in your young 20s, people around you tell you it’s normal to have all these things and they aren’t wrong. But being normal, doesn’t make it the right decision. Bad debt on credit cards with high interest, cars you can’t afford, student loans that lead to a job that doesn’t return a good ROI, being house poor are all going to lead to stress and a later start on your financial freedom journey.