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I get a little impatient with people who say they are “saving” for retirement. If someone is saving, I assume that they’re putting the money in a bank savings account, CD or other insured, interest-bearing account. They may also be buying Treasuries or other high-quality bonds. These are the only genuinely safe options for saving money.
Costco has demonstrated consistent growth, growing revenues and earnings in each of the last five years. So should you buy Costco stock today? Before I answer that question, let me tell you a story. It’s about Apple (AAPL), possibly the most loved, most well known company in the world.
Our contributors—to a person—trend bullish in the intermediate- and long-term.
At its essence, growth-investing success comes down to playing the right trend, at the right time, and with the right stocks. The bigger and the more durable the trend, the better. And one of the most durable growth trends is giving to charitable causes! It’s not rampant growth—it grows a couple of percentage points faster than GDP—but it’s consistent.