Thinking of sinking $1000 in shares (I know it's relatively not that much) as my first investment. I remember doing an 8000 word analysis on all of the ratios etc for NCEA Level 3 last year which led me to consider investing in Restaurant Brands.
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Thinking of sinking $1000 in shares (I know it's relatively not that much) as my first investment. I remember doing an 8000 word analysis on all of the ratios etc for NCEA Level 3 last year which led me to consider investing in Restaurant Brands.
They have a positive growth story which has paid off for them over the last couple of years. They also have a DRiP which gives you the equivalent of compound interest. They cycle the annual shareholder meetings between Auckland, Wellington and Christchurch, unlike many companies. And there's the free lunch voucher each year.
I wonder whether Taxinda will introduce a 'Junk food tax'? Apparently, Mexico and Hungary have 4-8% tax on 'junk foods' with great sucess - https://www.vox.com/2018/1/17/16870014/junk-food-tax
Anyways, I think RBD is still a great company and am slowly increasing my holdings in it.
‘Chicken is where it's at’: the unstoppable rise of KFC
KFC has survived health scandals, veganism and a major delivery fail: can the fast food behemoth stay on top?
https://www.theguardian.com/food/2018/aug/18/chicken-is-where-its-at-the-unstoppable-rise-of-kfc
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Agreed, starting small is not an issue.
I personally started with roughly $400 into each of 42 Below and Nuplex, quite a few years ago.
Starting small may not be cost effective from a brokerage point of view. However, it is very beneficial when you consider the knowledge gained from putting some money on the table and following/learning from your decisions.
My initial investments had their ups and downs, but overall one of the best decisions I have ever made (investing, rather than the specific companies).
Good luck Sir Josh.
Te
Disc: no longer hold any RBD shares
Getting rid of Starbucks will help overall Group performance
Good move
Pity Carl’s Jnr is a bit of dog brand
https://www.nzx.com/announcements/323192
I liked this bit in the announcement "...stronger emphasis on its core quick service restaurant brands..."
Can't say I ever come across a quick service outlet of KFC (not that I go that often), they seem to be the slowest of any of the fast food "restaurants" in my experience, whether you are the only person ordering or 5th (or more) in line