GOT A BIG ALIMONY CHECK FROM YOUR EX? THESE STOCKS MAY BE GOOD TO OWN
So here you are recently divorced and with a big fat alimony check itching in your hands. What should you do with it rather than squander it like some people have been known to do? No, I am not thinking about Heather Mills ex wife of Beatle Paul McCartney. But a lot of women especially who get a lot of money from their husbands in a divorce settlement don’t end up managing the money all that great and in the end, they end up with very little to show for it.
Maybe you have never invested before but this could be a good year to start. And I have been reading up on stocks lately but I should warn you that I am not an expert at this so take everything I say with a grain of salt and discuss your investment strategy with an investment expert before you dispense your hard earned alimony.
Based on my own unscientific research from sources such as Marketwatch, Yahoo Finance, Forbes, Fortune, Wikipedia and NASDAQ, here are
ten six stock picks for you based on what the experts say is “hot” right now:
Alibaba was last trading at $97.21, in a 52-week range of $59.25 to $109.87, and with a consensus analyst price target of $121.24.
Do you know how Jack Ma named the company Alibaba? According to his Wikipedia profile:
One day I was in Malaysia in a coffee shop, and I was thinking Alibaba is a good name. And then a waitress came, and I said, “Do you know about Alibaba?” And she said yes. I said, “What do you know about?“, and she said, “Open Sesame“. And I said, “Yes, this is the name!” Then I went on to the street and found 30 people and asked them, “Do you know Alibaba?” People from India, people from Germany, people from Tokyo and China … they all knew about Alibaba. Alibaba – open sesame. Alibaba is a kind, smart business person, and he helped the village. So … easy to spell, and globally known. Alibaba opens sesame for small- to medium-sized companies. We also registered the name “Alimama”, in case someone wants to marry us!”[
Why should you spend your alimony check on this stock?
According to Yahoo Finance, the owner of Alibaba, Jack Ma, is serious about fighting counterfeiting and pirating in his company. This is as good a reason as any to trust the future of this company, isn’t it?
So this is an expensive stock and experts expect the price to keep rising so the point of entry is high for most investors and only those who got really fat alimony checks need apply. So as of this writing: Stock price: MCD (NYSE) $121.50 -0.60 (-0.49%)
Jan 13, 4:01 PM EST
According to a recent Fortune Magazine article: “It’s probably not on most investor’s radars, but a longer-term catalyst for the stock is the looming crash in beef prices. Each year, McDonald’s buys roughly $1 billion of beef. Our analysis of historical beef prices suggests that prices peaked, in 2014, at $2.42 per pound, as heifers for slaughter continue to weigh more than ever and herd sizes have been swelling in recent years. We think 50% decline in price is well within the realm of possibilities. As one of the largest commercial purchasers of beef in the U.S., lower commodity prices will continue to be a strong tailwind for McDonald’s through 2018.”
Why should you spend your alimony check on McDonald’s stock?
Because in addition to the good news about the projected crash in price of heifers, the company is so much more than the convenience of “all day breakfast” when you have kids. The company also has a good reputation for the high percentage of women and minorities in management.
This is a very expensive stock. As of this writing it is trading at over $800 but the experts over at CNBC say it will go up over $1000.
According to MSN.com “In an effort to reduce the number of unmotivated warehouse employees at its fulfilment centers, Amazon launched a Pay to Quit program in 2014. If a worker hands in their resignation, they’ll get $3,000 (£1992.25; $AU4138.42). By 2017, the amount is expected to be $5,000”
Why should you spend your alimony on this stock?
So Amazon, as you know, is this online portal created in the 1990s by Jeff Bezos IN HIS HUMBLE GARAGE IN WASHINGTON STATE to sell books and now they are into all sorts of merchandise such as tools, make up, movies and cars to name a few. Today it is one of the top 10 most innovative companies and most valuable brands acccording to Forbes. You can’t go wrong.
According to Yahoo Finance “Shares of Alphabet were recently trading at $825.58, in a 52-week range of $672.66 to $839.00. The consensus price target of $968.55”
This company is owned by the founders of Google and actually it is a reorganization of Google that was done on August 10, 2015. But this doesn’t change anything for searchers and consumers.
Why should you spend your alimony check on this stock?
It sounds kid friendly and it is a “parent company”. It is not a cheap stock but it has a lot of value and its raison d’être is all about “independence.” And its market cap increased by $20 billion just with the formation of the parent company. The company leaders, in other words, are brilliant.
5. American Express
$76.85 Change +0.23 +0.30% Volume 187,129 Jan 13, 2017, 7:50 p.m.
The Centurion Black Card is not really black.
Why Should you spend your alimony check on this stock?
Because it cares about women and families. Recently, the company “upped its paid parental leave offering to five months, boosting its IVF and surrogacy benefits at the same time.”
Etsy is a cheap stock relatively and comparatively speaking and so it could be perfect for someone who got some cash in a divorce settlement but did not break the bank. According to NASDAQ’s reports: Stock price: ETSY (NASDAQ) $12.52 +0.05 (+0.40%) Jan 13, 4:00 PM EST
So the company is based in Brooklyn, New York and its all about creative people having a platform to sell vintage and handmade items to each other. The categories of products include jewelry, weddings, homes, collectibles and accessories – among other things.
Why should you spend your alimony check on this company?
According to Forbes “All employees of the online retailer will be eligible for six months of fully paid leave, regardless of gender or whether they become parents through birth or adoption. Etsy’s director of culture and engagement described the new policy as a way to counteract unconscious bias against women and mothers in the workplace by enabling parents to play more equal roles at home.”
more on alimony here