Some Quick Thoughts

I am playing paintball in a minute, so I want to jot down some words before I go and shoot children with paint. I am doing this so my streak of posting at max every five days is not broken.

Costco just dropped a special dividend. As you know, I generally do not love dividends as I would prefer for the company to re-invest the money into new revenue streams. However, this time, I believe the special dividend is great. I have hated on dividends forever, and I still do, but there is nothing wrong in this case with Costco’s dividend. While it is so much money (7 billion) moving off of their balance sheet and into the pockets of investors, I trust in Costco management and the board to effectively manage their payments. I appreciate the cash and I appreciate the leadership of the company.

JPOW and The Fed are cutting rates soon. I predicted that rates would be cut early in 2024, and it looks like this is going to be the case. I am predicting February, and then four times in total in 2024. The more rates are cut, the harder it is to stop this train.

As part of these rate cuts, I am jumping back into TQQQ. I sold out recently, partially because I am a coward and thought this rally would end. Obviously, it has not ended, but The Fed cutting rates is what really excites me. A rising tide lifts all boats and I believe that the stock market will go bonkers this next year. I believe The Fed will cut and cut. Because of The Fed going bananas, tech is going to grow wildly.

Wow, I think this is the least I have ever written for a post. Yeesh. Like I said, hopefully, I can post more regularly, but we will see. Thanks for having patience :).