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Coca-Cola (KO)!
#21
Ahhhh, my limit order of $37.46 traded this morning. Wife is now at full allocation for KO. Now to fix my JNJ rush.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan


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#22
(02-03-2014, 10:45 AM)Dividend Watcher Wrote: Ahhhh, my limit order of $37.46 traded this morning. Wife is now at full allocation for KO. Now to fix my JNJ rush.

That's funny - I picked up both today as well. Smile And a little more of CVX.
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#23
I picked up some KO today as well for $37.47Shy
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#24
It may go lower but I'm not worried. 10 years from, I won't even notice.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan


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#25
I forgot to post here last week, but I picked up some KO on Thursday. Sold out of my Gannett (GCI) and bought Coca-Cola.

I think its a good entry point near a 3% yield with a dividend boost expected with the next announcement. I also like the move to partner with GMCR on the future in-home beverage system. Its a small potatoes investment for KO but its good to see them working to grow share.
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#26
I love KO!! especially with that new green mountain deal.
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#27
I'm considering adding Coke as my second member of the 'products add almost no benefit to society' list. Probably continues to be a great long term investment however.
Alex
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#28
(02-10-2014, 09:50 AM)hendi_alex Wrote: I'm considering adding Coke to my second member of the 'products add almost no benefit to society' list. Probably continues to be a great long term investment however.

Hang on a minute... From your other posts, I assume that the first member of that list for you is PM. Are you really lumping KO into the same bucket as PM? Do you have nothing in your portfolio more offensive than KO?
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#29
KO probably has quite an array of decent products. But their soft drinks both sweetened and sugar free are a bane against man kind. Most are both physically and psychologically addictive. They also contribute to the obesity epidemic as well as many other possible physical issues. As best I can tell, they have zero beneficial value. That is my main criteria thus far, as relates to ethics in investing. If the primary product is both harmful and has zero beneficial value, then I'll probably avoid it.

Your question did prompt me to glance and holdings for quick litmus test.
AAPL - useful devices
BTU - useful energy source
CCJ - useful energy source
CSCO - useful devices
CSG - useful properties
ECA - useful energy source
HCP - health care benefit
INTC - useful devices
MCY - insurance needs
NAT - delivery/transportation services
O - properties
OB - insurance needs
ORI - insurance needs
PBA - energy infrastructure
POT - fertilizers
RYN - forestry products
SPH - energy delivery
SSL - energy and chemicals benefit
T - communications
TGP - LNG transportation

So while there are some companies which have very nasty aspects to operation, their primary product/service provides a real, useful benefit. IMO that definitely can not be said about the soft drink companies. Their main line products are both harmful and are without any measure of benefit. I'm not advocating such a list for anyone else, but seems like a reasonable stance to me, given both evidence related to the products and my own personal feelings and observations concerning them. Certainly not in the same league with the death business, but still most of the soft drinks themselves are utterly without beneficial value.
Alex
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#30
As a consumer I benefit by having something I really enjoy to drink on a hot day.

Obviously if I drank a 12 pack a week it wouldn't be good for my health, but I see nothing wrong with enjoying a coke or sprite every once in a while.
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