For me, 2018 was a somewhat difficult year to find new investments because so many stocks were trading at prices that were not deals. With some publicly traded stocks seeing some real declines in December, we are now starting to see the type of deals that make you think “Hey, this has a fair chance of compounding at 13-15% over the long haul.” That type of opportunity is usually the line that brings out my full energies to the quest.
In my recent Patreon post, I profiled a beer company, a large bank, and a logistics company that are each trading what I consider to be meaningful discounts that put them each in a position to deliver annual returns of at least 13% annualized over the next five years. You can click here to become a subscriber.
Originally posted 2018-12-18 00:02:03. … Read the rest of this article!
The post Beer, Banks, and Airplanes first appeared on The Conservative Income Investor.