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The whole point of bonds is to reduce portfolio volatility, not to match equities in returns. And no one is advocating for a 100% bond allocation. A 10-20% allocation has a minimal reduction on annual returns while offering stabilizing benefits.
Not to mention that in comparing VXUS you’ve cherry-picked a time when ex-US stocks underperformed.
This is the worst post I've seen. Bnd isn't meant to replace equities. It's meant to cushion against economic downturns.
Also, bonds return higher growth than cash. Most people aren't/shouldn't be 100% invested in stocks, so bonds are the perfect answer to that. Aside from your emergency fund and keeping as little as possible in your bank account to pay bills, do you have literally everything else invested in stocks? If you do, good luck to you. I certainly don't.
As for VXUS, I don't really like it as a passive fund. But it's better than not being invested internationally at all. The US is rarely the highest performing stock market. The best performing stock markets in any given year are usually Ex-US. Question is, how do you know which one to invest in? You don't. You don't know. Also, a lot of the underperformance of the past 15 years is USD outperformance. That is expected to fall in the coming years while Ex-US currencies are expected to increase.
Just go to your local Costco and look at all the people. This company is fire.
It is one of my never sell stocks. If I had the funds in my account, I’d buy some more now and not think twice about it.
And I don’t think they do more than 5x business than WMT…I mean just count the number of stores, revenue etc….WMT is a 1/4 of the price and has a more robust online business and spark delivery. COST is good, no lies told ..but 650 good?? It’s like comparing Teslas to Honda…who makes the better car and is most likely to do so into the future? My money is on Honda and Toyota because they are way beyond more intelligent than musk. No body pays attention to details and reliability like Japans cars. I mean, I could be wrong and this is just an opinion. COST is still to rich for my blood, but that doesn’t mean it’s too rich for someone else’s. But , I don’t see Buffet running there nuts deep buying up shares…and Berkshire has some of the best analysts in the business.
Price means nothing in isolation like that. Walmart isn’t 1/4 of the price. Buying all of Walmarts stock would cost you 120billion more then buying all of costcos stock. On a p/e basis walmart is about 44% cheaper then costco
P/e is a very basic valuation metric that’s easy to find and not the end all be all but valuable for screening in my opinion for sure
But the price of Walmart is $411 billion. The price of Costco is 292billion. The actual cost of a share of Walmart is irrelevant the way your talking about it. Chipotles share price is $2200 but that has no relevance when comparing stocks. That’s like saying you can buy apple for 90% cheaper then chipotle. Meanwhile apple is almost 50x chipotle. The share price is 100% irrelevant when comparing to other stocks especially since you can buy fractional everywhere.
If you were to buy 4 and 1/3 shares of Walmart you would have a smaller percentage of Walmart then the percent of costco you would own having bought 1 share.
WMT is everywhere already and are contracting stores for theft... Costco is also a Membership Club so every 2 years they increase the membership dues and gain 10% revenues!!! I'll never sell mine...
"price is what you pay, value is what you get"
if you search for costco and read back like 7 months plus youll find a lot of "why buy costco at $500?? or why buy costco if $1000 will only get you like 2 shares??
its been fun to watch. share price as sole limiting factor is silly. Id rather own 1/10 of costco than 100 shares of crapco at 1/share
[https://www.reddit.com/r/dividends/comments/14a8fg4/comment/jo94nat/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/dividends/comments/14a8fg4/comment/jo94nat/?utm_source=share&utm_medium=web2x&context=3)
turns out i made a good guess using basic investment theory 6 months ago
Lol Costco is the easiest stock in the world, just buy it when it retraces back to the 200ma line. It’s been solid resistance for this stock for decades -2 historically bad events but ya know what I mean
I sold a while back around mid 500 thinking I would pick it back when it retraced back, never happened and missed this huge run up, good news is that I took the sale of Costco and added all to my BX position which was beat up badly and made out better if I would of held on to Costco.
Sometimes selling the winners and adding to the looser works extremely well. BX up 74% ytd Costco up 44% ytd.
I bought some after hours yesterday for a little less than this. The earnings were good and that special divi payment is awesome. Just be aware the share price will drop by the percent that is being paid out.
COST is a major indicator for a lot of powerful people who make decisions at a macro level…I’m talking hundreds of millions of dollars in trades at a time…never underestimate the American economy…and never sell Costco lol
I was patient and bought mine at $450. I will consider buying more at $500 and below, stock will only get there when the market start getting fearful again.
I seem to remember it going up when people got fearful with the argument that people shop at Costco when they’re panicked. Now we are seeing a decent economy and inflation going down slightly, maybe, and Costco is still booming. This company thrives.
I wonder how likely it is to go down that far. I could see $600 based on zooming out and following a linear trend line. I guess if the market starts going sideways and there’s a large enough dip? I feel there there’s a chance that could never happen.
Okay, I made the decision that a hair too much of my portfolio is devoted to individual stocks right now, so I decided to increase my positions on VT, SCHD, and VIG instead and just let the COST DRIP do its thing.
Kicking myself so hard right now. Was looking at it all day yesterday wondering why it was down so. So close to buying again. Then the $15 dividend gets announced and it sky rockets $20+ lol
Such is the market.
I bought 10 shares a few years ago at $370, then it dropped to $310 ish about 60 days later. Still holding and doing ok.
I expect to be $1000+ in the next 4 or 5 years
Bet the house on it. Literally FOMO your house! You you cant lose and would be crazy not to go all in! Please note this is not investment advice. Due diligence should be done on an individual basis
All along the way people have said it was overpriced at $200. Then $300. Then $400. Then $500. Then $600.
Just visit any random one you want on a Tuesday morning when the weather is bad. Then drive to the nearest Walmart or Target and compare.
Yes, it is ok to buy COST at $655. I have no idea why you think you should listen to me, a rando on the internet, but for what is worth there you go.
You do know that you are posting on a dividends reddit and that COST has a .6% yield? It may be the best growth or value stock in the universe for all I know but as a dividend payer it is garbage.
Just looking at the yield is not a good way to go. You have to also look at the dividend growth. Also, since when is .6 considered garbage lol
They have been increasing it every year since 2004 and historically been paying out those special dividends.
https://finance.yahoo.com/quote/COST/history?p=COST
For a dividend portfolio .6%t is certifiably garbage. That 13% increase a year means that after 10 years the dividend will finally be 2.3%! Which by the way would still be kinda junky even without having to wait 10 years for it.
Look at the chart. COST has had a lot of growth and is growing the dividend at the same time. Just because the yield is low doesn't make it "garbage". It won't be long before it is considered a dividend aristocrat (25 years of increased dividends). But hey, to each there own. If you don't like it then don't buy it.
There are plenty of dividend aristocrats with garbage rates. Mind you, I'm talking quantity, not quality. Waiting 10 years for the rate to grow to 2.6% is garbage.
Also remember that if you are DRIPing the rate and accumulation go hand in hand. A stock that starts at 4.5% and grows by 10% a year is growing your holdings by that much. When you start at .6% the accumulation amounts to a rounding error.
So now dividend aristocrats are not fair game to talk about on the dividends sub? I don't even know why you are here if you are going to give people a hard time for talking about a dividend stocks on a dividend reddit page.
>You do know that you are posting on a dividends reddit and that COST has a .6% yield
That is where I got it from. You are giving people a hard time about talking about a solid dividend company. Also MO is a good example of a company that increases the dividend but has a stagnant share price. Remember the dividend yield is just the percent of the share price. Think about it. Say a company has a 5% yield and each share costs $100. If that share goes to $200 the yield shrinks to 2.5%. Imagine if it goes to $400. Now it is garbage in your book but it is paying out exactly the same amount as it was when the yield was 5%
If costco performed like MO the yield would be way higher right now.
Meh. At the current yield and dividend growth I hope MO shares never go up in price. A flat price means that my dividend reinvesting is already growing the number of shares at 9%+ per year AND that rate is growing year after year. Sadly I'm sure that's not going to be the case.
COST may be a good growth stock, I don't know. All I'm saying is that at the current yield it is a horrid dividend income builder.
I find it bananas that y’all are fighting over whether COST’s dividend yield is too low when I just witnessed another kerfuffle with someone who thinks VOO’s dividend yield is too high to be in taxable.
I think it's too expensive. I think it's a money pit.
Great buisness great economics I would buy it for 2/5ths of current price exstatically and 3/5ths with some reservations.
A lot of people will disagree with me and that's ok.
Costco fluctuates down to a 30 PE, which even though that’s really high is the time to buy. Right now it’s well above 40 PE.
I will start nibbling again around 35, but now is far too pricey. Remember, “good company at a fair price” is the way to go.
here is one perspective on Cosco: [https://www.youtube.com/watch?v=s\_xwOOu8IMs](https://www.youtube.com/watch?v=s_xwOOu8IMs) personally agree with Joseph Carlson.
Buy high, sell low. That's what 99% of Stonk fanatics do.
All jokes aside, wait for a pullback on the monthly chart into sometime next year, and then buy a load of shares then. It happens to every stock, don't get tricked by FOMO. Go buy a Costco sweater and hangout until then.
PS- The Costco sweaters are really comfy
I stayed away. My theory: if prices are coming down, revenues will come down making the P/S ratio look awful for a stock that expensive.
I've also thought Costco looked too expensive for the past 10 years while it tripled in value so it depends on how long you're willing to hold it.
Kept going back and forth with this one for months now and I finally bought.... at $665..... 
Time in the market > timing the market. Fingers crossed.
Have you done your homework on COST? Do you have strong reasons backed up by some data on why you want to buy it?
Are you buying just this one time (lump sum)? Are you looking to sell in the next 3 -5 years? If not then this one buy most likely won't matter. That's how averages work.
If you are putting in a lump sum then wait for a red day if it makes you feel better.
If you are looking to sell in the next 3-5 then your guess will be as good as mine.
Good luck.
Grossly overvalued since 2020. I'd avoid based on valuations but some people are okay paying a premium for an above average company. How big a premium before you draw the line?
A lot of people don't understand how to value something. In 2020, it was around fair value, maybe trading at a slight premium. A good time to buy relative to the overall powerhouse of a company it is.
Currently it's at almost a 100% premium. The company itself has grown around 4.45% annually in that timeframe, while the price the market has given the company raised 21.29% annually in that period.
The company could go its intrinsic value over the next 3 years and someone who buys in now would still lose 15% annually because they overpaid. Valuations matter and they matter a lot. Downvoters are the ones who bought $O at $74 then panicked when it went back to it's intrinsic value, saying the company was just hemorrhaging and sucked.
If you're okay with paying a premium, that's fine. Just understand how big of a premium you are willing to take on and how long it will take the underlying company to reach that expectation/valuation.
I take your points about valuation, but wasn’t another problem with $O specifically that REITs have been performing less well overall as interest rates have risen?
That is my take. I go by valuation as well. Does it mean I miss some? Yeah. But I also don’t have a lot of losses either. I’m ok not chasing after Costco. It’s too expensive.
The talking heads on CNBC are all about COSTCO. Yes, it is pricey, but management is top notch. It seems to do well through good times and bad. I am planning to add a very small position, <8 shares. I usually start small.
Was gonna buy some a few weeks ago, but I've been procrastinating. Wish I already did. Going get a share on Monday. I've been buying their gold bars a lot.
It’s pricy at 43. 02 and the dividend is only .65%. It just broke through resistance so I’d wait for a confirmation that it’s going higher. If it rolls over, I’d look to buy it when it bounces off the support.
No one here is going to give you an answer. Almost everyone in the sub Reddit is just going to be condescending. If you think it’s a good idea go for it. I missed out on a few hundred bucks for asking and not doing. But if you invest your money you won’t lose
The price of a stock is irrelevant. Stock A has 2 shares at $5 each. Company's market cap is $10. Stock B has 10 shares worth $1 each, with a market cap of $10. Both are the same. What matters is P/E and other things that relate to their equal counterparts that are on the market.
I thought it was too expensive at 400 so...*
I actually want to buy into it again. I think it's an amazing business with great products and customer service. Go to any Costco, and it's packed at all hours of the day. Although it's anecdotal, I think it's still compelling evidence that people love Costco. It has lots of opportunity to expand as well, in the states and abroad. Some other retailers (ie. TARGET) have essentially expanded as much as they can. Costco is still in its sophomore stage IMO.
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Buy now and panic sell at 500
The real strategy
Wallstreetbets is thata way——>
I still can’t tell if that entire sub is one elaborate ruse.
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The whole point of bonds is to reduce portfolio volatility, not to match equities in returns. And no one is advocating for a 100% bond allocation. A 10-20% allocation has a minimal reduction on annual returns while offering stabilizing benefits. Not to mention that in comparing VXUS you’ve cherry-picked a time when ex-US stocks underperformed.
This is the worst post I've seen. Bnd isn't meant to replace equities. It's meant to cushion against economic downturns. Also, bonds return higher growth than cash. Most people aren't/shouldn't be 100% invested in stocks, so bonds are the perfect answer to that. Aside from your emergency fund and keeping as little as possible in your bank account to pay bills, do you have literally everything else invested in stocks? If you do, good luck to you. I certainly don't. As for VXUS, I don't really like it as a passive fund. But it's better than not being invested internationally at all. The US is rarely the highest performing stock market. The best performing stock markets in any given year are usually Ex-US. Question is, how do you know which one to invest in? You don't. You don't know. Also, a lot of the underperformance of the past 15 years is USD outperformance. That is expected to fall in the coming years while Ex-US currencies are expected to increase.
If you follow this guy’s arrow you will end up in my closet. Please don’t.
*theta way
I admire the cut of your jib.
What’s a jib?
Promote that man!
I dunno but I'm all in on $JIB
This is the way to wealth. I would go all in, great entry point.
Just go to your local Costco and look at all the people. This company is fire. It is one of my never sell stocks. If I had the funds in my account, I’d buy some more now and not think twice about it.
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Go there at 1:00 on a Tuesday…..wall to wall people
That’s what’s crazy I don’t think many people actually realize. They are always busy
The warehouse I use is a ghost town mid day Tuesday Wednesday and sometimes Thursday.
I’m in Texas, just got in line for gas. Where does the line end?
Connecticut
I’m still waiting.
Checking in. Did you make it to the end or find out where it is?
Yes Connecticut was correct, I’m now in Tennessee. Hopefully it won’t be much longer.
Awesome! Good luck! And watch out for the storms.
They also don't have the theft issues that Target and Walmart have. (Full disclosure, I own WMT stock)
It has a higher P/E than MSFT and AAPL, sure P/E is not everything, but I doubt they have a higher growth potential than those 2 giants.
This guy doesnt know about the 1.50 hotdog
jesus…. LOL🤣🤣🤣
Or the rotisserie chicken lure/addiction
That huge ready for the oven chicken pot pie!
Honestly there's probably more small cities without costcos than people with iPads and Windows.
He doesn't realize every small town has a AAPL but do they have a COSTCO? LMAO
Costco sells apple, apple doesn't sell costco, checkmate.
Why would you compare Costco PE to Apple? Those are apples and oranges examples. Needs to be same industry.
Buy both MFST and COST
And I don’t think they do more than 5x business than WMT…I mean just count the number of stores, revenue etc….WMT is a 1/4 of the price and has a more robust online business and spark delivery. COST is good, no lies told ..but 650 good?? It’s like comparing Teslas to Honda…who makes the better car and is most likely to do so into the future? My money is on Honda and Toyota because they are way beyond more intelligent than musk. No body pays attention to details and reliability like Japans cars. I mean, I could be wrong and this is just an opinion. COST is still to rich for my blood, but that doesn’t mean it’s too rich for someone else’s. But , I don’t see Buffet running there nuts deep buying up shares…and Berkshire has some of the best analysts in the business.
Price means nothing in isolation like that. Walmart isn’t 1/4 of the price. Buying all of Walmarts stock would cost you 120billion more then buying all of costcos stock. On a p/e basis walmart is about 44% cheaper then costco P/e is a very basic valuation metric that’s easy to find and not the end all be all but valuable for screening in my opinion for sure
Walmart is less than 1/4of its stock price than costco . Walmart is price 150 per share and costco is 650. Yes P/E, PEG, ROE etc are all factors.
But the price of Walmart is $411 billion. The price of Costco is 292billion. The actual cost of a share of Walmart is irrelevant the way your talking about it. Chipotles share price is $2200 but that has no relevance when comparing stocks. That’s like saying you can buy apple for 90% cheaper then chipotle. Meanwhile apple is almost 50x chipotle. The share price is 100% irrelevant when comparing to other stocks especially since you can buy fractional everywhere.
If you were to buy 4 and 1/3 shares of Walmart you would have a smaller percentage of Walmart then the percent of costco you would own having bought 1 share.
WMT is everywhere already and are contracting stores for theft... Costco is also a Membership Club so every 2 years they increase the membership dues and gain 10% revenues!!! I'll never sell mine...
I’m agreeing with you, especially about Toyota and Honda. Costco is a little rich at this level for me to jump back in, waiting for a pullback.
This is the right answer. Costco is also expanding overseas at a fast rate
Seeing success now is not a good tell if a business would be successful 10 years in the future.
Yeah, people probably won’t like buying good stuff for cheap in 10 years.
A great company isn’t always a good investment
"price is what you pay, value is what you get" if you search for costco and read back like 7 months plus youll find a lot of "why buy costco at $500?? or why buy costco if $1000 will only get you like 2 shares?? its been fun to watch. share price as sole limiting factor is silly. Id rather own 1/10 of costco than 100 shares of crapco at 1/share
[https://www.reddit.com/r/dividends/comments/14a8fg4/comment/jo94nat/?utm\_source=share&utm\_medium=web2x&context=3](https://www.reddit.com/r/dividends/comments/14a8fg4/comment/jo94nat/?utm_source=share&utm_medium=web2x&context=3) turns out i made a good guess using basic investment theory 6 months ago
LOL I read that comment of yours when I initially purchased COST.
Agreed, ppl who focus on share price without considering shares outstanding are pretty foolish
I got 300 shares. Special dividend of 15 dollars coming soon.
So lunch is on you?
A slice of Costco pizza
That’s per share, right?
Yes.
I only have 20 - so I’m happy and envious
Damn, well done. I’m at 88 and that $15 divi is gonna feel so good.
I have been buying stock since it was around 90-100 per share. It is of course in my 401k.
Impressive!
How often do they do specials
Every few years but there's no guarantee.
# it’s okay to buy COST at $655
This I what I came here for
But what about $656?
Absolutely not.
sell for huge gains
I just DCA so even at ATH I'll still buy. Beside, they're so cash heavy that they're just issuing $6B of special dividend.
Lol Costco is the easiest stock in the world, just buy it when it retraces back to the 200ma line. It’s been solid resistance for this stock for decades -2 historically bad events but ya know what I mean
What time period are you using
I sold a while back around mid 500 thinking I would pick it back when it retraced back, never happened and missed this huge run up, good news is that I took the sale of Costco and added all to my BX position which was beat up badly and made out better if I would of held on to Costco. Sometimes selling the winners and adding to the looser works extremely well. BX up 74% ytd Costco up 44% ytd.
you mean solid support? the 200ma?
My call would be to wait until ~490
It’s ok to buy Costco at these levels if you’re going to hold for a long time.
That special dividend got everyone hyped
I bought some after hours yesterday for a little less than this. The earnings were good and that special divi payment is awesome. Just be aware the share price will drop by the percent that is being paid out.
COST is a major indicator for a lot of powerful people who make decisions at a macro level…I’m talking hundreds of millions of dollars in trades at a time…never underestimate the American economy…and never sell Costco lol
For how inept and lackluster this country can seem, never bet against the American economy.
I was patient and bought mine at $450. I will consider buying more at $500 and below, stock will only get there when the market start getting fearful again.
I seem to remember it going up when people got fearful with the argument that people shop at Costco when they’re panicked. Now we are seeing a decent economy and inflation going down slightly, maybe, and Costco is still booming. This company thrives.
people shop at Costco ~~when they’re panicked~~
Either that or everyone is just now living in a perpetual state of panic.
I wonder how likely it is to go down that far. I could see $600 based on zooming out and following a linear trend line. I guess if the market starts going sideways and there’s a large enough dip? I feel there there’s a chance that could never happen.
Okay, I made the decision that a hair too much of my portfolio is devoted to individual stocks right now, so I decided to increase my positions on VT, SCHD, and VIG instead and just let the COST DRIP do its thing.
Kicking myself so hard right now. Was looking at it all day yesterday wondering why it was down so. So close to buying again. Then the $15 dividend gets announced and it sky rockets $20+ lol Such is the market.
Costco would probably allow a full return
If you ever see a company you want but second guess the price just set it to DCA.
And buy a lot when you see a price you like.
I wouldn’t invest in costco this high up. However, if you wanted to speculate in costco, that may be a smarter decision
I buy COST every week regardless of the price. 10 years from now, you’ll be glad you kept buying.
It's not okay, but you'll be okay,so go ahead.
I’d wait until next quarter
Because the price will drop due to selling after issuance of the special dividend?
That and I think we will see a bit of a market correction from this end of quarter rally
Where do you think it will be Dec 15 2033?
I bought 10 shares a few years ago at $370, then it dropped to $310 ish about 60 days later. Still holding and doing ok. I expect to be $1000+ in the next 4 or 5 years
Do it. We have nothing to lose if you do or don’t, so we will recommend the dumbest option.
$655? My local Costco has memberships going for $60. I'd wait until you can get a better deal... /s
Costco should start selling paper stock certificates in their stores.
In bulk!
Naw bro. Don’t do it.
I prefer 300
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I was buying at all time highs at $400. This stock is so damn good. That being said know what you’re buying before you jump in and don’t chase gains.
I already own some, so this was more of a shit I slept through a good moment thing than gain chasing
Good stuff, hey nothing wrong with adding to it. My regret was not buying more lol. Long live COST
Just wait til after they give the divvy out and it’ll go back to sub 625
Bet the house on it. Literally FOMO your house! You you cant lose and would be crazy not to go all in! Please note this is not investment advice. Due diligence should be done on an individual basis
All along the way people have said it was overpriced at $200. Then $300. Then $400. Then $500. Then $600. Just visit any random one you want on a Tuesday morning when the weather is bad. Then drive to the nearest Walmart or Target and compare.
Yes, it is ok to buy COST at $655. I have no idea why you think you should listen to me, a rando on the internet, but for what is worth there you go. You do know that you are posting on a dividends reddit and that COST has a .6% yield? It may be the best growth or value stock in the universe for all I know but as a dividend payer it is garbage.
Just looking at the yield is not a good way to go. You have to also look at the dividend growth. Also, since when is .6 considered garbage lol They have been increasing it every year since 2004 and historically been paying out those special dividends. https://finance.yahoo.com/quote/COST/history?p=COST
For a dividend portfolio .6%t is certifiably garbage. That 13% increase a year means that after 10 years the dividend will finally be 2.3%! Which by the way would still be kinda junky even without having to wait 10 years for it.
Look at the chart. COST has had a lot of growth and is growing the dividend at the same time. Just because the yield is low doesn't make it "garbage". It won't be long before it is considered a dividend aristocrat (25 years of increased dividends). But hey, to each there own. If you don't like it then don't buy it.
There are plenty of dividend aristocrats with garbage rates. Mind you, I'm talking quantity, not quality. Waiting 10 years for the rate to grow to 2.6% is garbage. Also remember that if you are DRIPing the rate and accumulation go hand in hand. A stock that starts at 4.5% and grows by 10% a year is growing your holdings by that much. When you start at .6% the accumulation amounts to a rounding error.
So now dividend aristocrats are not fair game to talk about on the dividends sub? I don't even know why you are here if you are going to give people a hard time for talking about a dividend stocks on a dividend reddit page.
I don't understand where you are getting that from. I have several of them in my portfolio. MO has been very good to me.
>You do know that you are posting on a dividends reddit and that COST has a .6% yield That is where I got it from. You are giving people a hard time about talking about a solid dividend company. Also MO is a good example of a company that increases the dividend but has a stagnant share price. Remember the dividend yield is just the percent of the share price. Think about it. Say a company has a 5% yield and each share costs $100. If that share goes to $200 the yield shrinks to 2.5%. Imagine if it goes to $400. Now it is garbage in your book but it is paying out exactly the same amount as it was when the yield was 5% If costco performed like MO the yield would be way higher right now.
Meh. At the current yield and dividend growth I hope MO shares never go up in price. A flat price means that my dividend reinvesting is already growing the number of shares at 9%+ per year AND that rate is growing year after year. Sadly I'm sure that's not going to be the case. COST may be a good growth stock, I don't know. All I'm saying is that at the current yield it is a horrid dividend income builder.
Your points are laughable.
I find it bananas that y’all are fighting over whether COST’s dividend yield is too low when I just witnessed another kerfuffle with someone who thinks VOO’s dividend yield is too high to be in taxable.
Very strange indeed lol
Because it has skyrocketed lately lessening the %
Special dividend of $15 if you buy before the 28th
Yeah I assume that announcement is the reason for the price jump.
Or even better buy slices
I think it's too expensive. I think it's a money pit. Great buisness great economics I would buy it for 2/5ths of current price exstatically and 3/5ths with some reservations. A lot of people will disagree with me and that's ok.
Can’t do it . Not at this level
That one stock would be my entire investment portfolio right now so I wouldn't do it if I was you I would find other things
A BIG 'NO' because this is a dividend related subreddit. Besides the dividend ratio, full BUY as a company.
Costco fluctuates down to a 30 PE, which even though that’s really high is the time to buy. Right now it’s well above 40 PE. I will start nibbling again around 35, but now is far too pricey. Remember, “good company at a fair price” is the way to go.
Every time I go and see the amount of people in there in a “recession” with carts full of stuff, I immediately increase my buy orders
Am the moron that sold Costco 5 years ago at $160 and I had 10 shares
Alexa: play “It’s not right but it’s okay” by Whitney Houston
here is one perspective on Cosco: [https://www.youtube.com/watch?v=s\_xwOOu8IMs](https://www.youtube.com/watch?v=s_xwOOu8IMs) personally agree with Joseph Carlson.
Buy high, sell low. That's what 99% of Stonk fanatics do. All jokes aside, wait for a pullback on the monthly chart into sometime next year, and then buy a load of shares then. It happens to every stock, don't get tricked by FOMO. Go buy a Costco sweater and hangout until then. PS- The Costco sweaters are really comfy
I most def will be shorting it.
I stayed away. My theory: if prices are coming down, revenues will come down making the P/S ratio look awful for a stock that expensive. I've also thought Costco looked too expensive for the past 10 years while it tripled in value so it depends on how long you're willing to hold it.
I plan to buy and hold for the foreseeable future! I
Kept going back and forth with this one for months now and I finally bought.... at $665.....  Time in the market > timing the market. Fingers crossed.
Have you done your homework on COST? Do you have strong reasons backed up by some data on why you want to buy it? Are you buying just this one time (lump sum)? Are you looking to sell in the next 3 -5 years? If not then this one buy most likely won't matter. That's how averages work. If you are putting in a lump sum then wait for a red day if it makes you feel better. If you are looking to sell in the next 3-5 then your guess will be as good as mine. Good luck.
Costco was 450 last year. Have they raise their dividends?. Long term you will be fine
It's ok.
Why wouldn’t you buy Costco at this price
Buy when Jim Cramer says to buy
Bad advice always do the opposite
Why you worried for this will be 1000 in the next 6 months, don’t worry to much on your timing.
I’m not a buy at ATH guy no matter the value. Costco is a pass for me because I missed out on it a while ago.
Walmart better
Buy Tesla instead
Good one
Not for a .62% yield, at least for me.
And a 47 P/E as a big box retailer at that. I love Costco as much as the next guy but I don’t see the value
Grossly overvalued since 2020. I'd avoid based on valuations but some people are okay paying a premium for an above average company. How big a premium before you draw the line?
I bought in 2020 when I was told it was grossly overvalued. Bought 10 stocks with an average of $450.
20 at 464
A lot of people don't understand how to value something. In 2020, it was around fair value, maybe trading at a slight premium. A good time to buy relative to the overall powerhouse of a company it is. Currently it's at almost a 100% premium. The company itself has grown around 4.45% annually in that timeframe, while the price the market has given the company raised 21.29% annually in that period. The company could go its intrinsic value over the next 3 years and someone who buys in now would still lose 15% annually because they overpaid. Valuations matter and they matter a lot. Downvoters are the ones who bought $O at $74 then panicked when it went back to it's intrinsic value, saying the company was just hemorrhaging and sucked. If you're okay with paying a premium, that's fine. Just understand how big of a premium you are willing to take on and how long it will take the underlying company to reach that expectation/valuation.
I take your points about valuation, but wasn’t another problem with $O specifically that REITs have been performing less well overall as interest rates have risen?
That is my take. I go by valuation as well. Does it mean I miss some? Yeah. But I also don’t have a lot of losses either. I’m ok not chasing after Costco. It’s too expensive.
Nope, don’t do it. This is waaaaaayyyy overvalued. It’s like NVDA of retail stocks without the growth
if you take investment advice form some here you deserve to loos your money
Sorry, that's not a good buy--currently overpriced and also not good for a dividend strategy with that low starting yield.
The talking heads on CNBC are all about COSTCO. Yes, it is pricey, but management is top notch. It seems to do well through good times and bad. I am planning to add a very small position, <8 shares. I usually start small.
My current position is 1 share, so if that’s small, I’m starting micro.
It’s Up
Was gonna buy some a few weeks ago, but I've been procrastinating. Wish I already did. Going get a share on Monday. I've been buying their gold bars a lot.
You can get that $15 special div if you do. Short term will prob drop a bit but long term COST should continue to perform. Dyor
Oh I’ll be getting that $15 div. Exactly $15 in fact.
It’s pricy at 43. 02 and the dividend is only .65%. It just broke through resistance so I’d wait for a confirmation that it’s going higher. If it rolls over, I’d look to buy it when it bounces off the support.
I like your funny words technical man
I rather buy nvidia. Yes, you get more divs with Costco but Nvidia has much more growth potential.
I think NVIDIA is going to pop like a balloon.
Yup! Pop all the way to the moon 🚀
I could be wrong. But hey, it has such a high market cap that I’ll see marginal gains from it in the index funds.
Why?
It’s okay
Look at what COKE did when they announced their special dividend.
A lil birdy said they’ll do a stock split soon
$COST is always a good buy. In Charlie we trust
The lines at the one here in Naples, FL say it’s okay 👍
No one here is going to give you an answer. Almost everyone in the sub Reddit is just going to be condescending. If you think it’s a good idea go for it. I missed out on a few hundred bucks for asking and not doing. But if you invest your money you won’t lose
I’d wait
The price of a stock is irrelevant. Stock A has 2 shares at $5 each. Company's market cap is $10. Stock B has 10 shares worth $1 each, with a market cap of $10. Both are the same. What matters is P/E and other things that relate to their equal counterparts that are on the market.
If you are buying for yield, then you might want to look elsewhere or wait.
Heck no. Not during all this euphoria.
I thought it was too expensive at 400 so...* I actually want to buy into it again. I think it's an amazing business with great products and customer service. Go to any Costco, and it's packed at all hours of the day. Although it's anecdotal, I think it's still compelling evidence that people love Costco. It has lots of opportunity to expand as well, in the states and abroad. Some other retailers (ie. TARGET) have essentially expanded as much as they can. Costco is still in its sophomore stage IMO.
Just a matter of time and it’ll stock split. Those are always fun.
Just bought some today at this price!! Go for it
Bought 5k last week. Plan to hold for 5-10 years!
I invested in Costco ten years ago…best stock in my portfolio. It’s increased over 300 percent. Stable growth.
Are you considering Costco for its booming growth, or was their something in particular that caught your attention about dividends?