What To Do With Five Dollars? – Invest In Wendys!
Begin to Make Money One Share and One Burger at a Time
If the market, economy, tax man is hitting you like it’s hitting me these days you’re probably lucky to have a 5 spot in your wallet. But if you do this is the perfect investment! WendyArbys (Ticker: WEN) is on a fire-sale at $4 per share. To put that price in perspective WEN has only increased in price by 2.4% per year since 1993!
To me the kicker is the 8% dividend yield. Being part of the fast food culture as I am I’m fairly certain drive-thru dinners will only be more common in an ailing economy. If this wasn’t true California wouldn’t be trying to remove fast food restaurants from lower income neighborhoods to improve public health. If they were more expensive then eating at home, lower income households would just eat at home.
If the stock price doesn’t want to cooperate until the economy turns around I’d be happy to collect my $0.32 per share while I wait.
In fact I think I may just buy a share and take my spare dollar and buy a burger, then write some more beginning investment tips.
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