I have a funny way of picking products at the grocery store. I choose brands I own stock in. I know the $55 I spent on groceries today makes no difference to profits of the corporations I own, I guess it's the principle of it. I kind of feel that the dividends I receive from Companies like PG, PEP, and GIS help to pay my grocery bill. These types of companies are the easiest to understand since I use the products everyday. To me that's the greatest part about investing in consumer staples; they produce products people will use whether the economy is good or not.
Anyways I went to the grocery store today and purchased 31 items. 19 of which are manufactured by companies I own stock in. That's 61%, not bad at all considering a lot of foods such as milk, bread, and fresh produce aren't manufactured by publicly traded corporations. Here is what I bought:
Coca Cola:
1xDasani water (24pk)
General Mills:
2xCheerios
1xGreen Giant baby carots
2xYoplait yogurt
Johnson & Johnson:
1xAveeno lotion
Pepsi:
2xAmp Energy drink
1xHoney Graham Oh's cereal
1xPepsi (12pk)
1xQuaker Oat instant oatmeal
Procter & Gamble:
1xDuracell batteries
1xGain dish soap
1xPert Plus shampoo
4xPringles
Other companies I will be looking to buy in the future include Kellog (K), H.J. Heinz (HNZ), Colgate-Palmolive (CL). Other companies I've looked at: ConAgra foods, Kraft foods, Hormel, Nestle, and Unilever.
Good stuff man!
ReplyDeleteI always try to buy stuff from companies I own stock in, and visa versa aim to buy stock in companies that produce products I buy. Makes it a little easier to pay that bill for razors, chips, pop, etc!
Best wishes.
I do the same, it also helps knowing I can buy either the Dasani water or the Aquafina whichever is the best buy because I own Coke and Pepsi stock ;)
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