Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Thrift

Grocery WarsThrift

Items to Buy on Jet.com

You should be shopping on Jet because it offers much better prices on items like laundry detergent than sites like Amazon (NASDAQ: AMZN). It is also fast and provides a better level of service than some sites.

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Grocery WarsMarket InsanityThrift

Uber Lost $1.27 Billion in Six Months, Kroger Undercuts Walmart

Uber may not be the money-making machine that investment bankers claim it is. The transportation app company lost more than $750 million in second quarter 2016 and $1.27 billion in the first half of 2016, Bloomberg reported.

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Market InsanityThrift

Soup is Money; Ramen is now the Currency of Choice in Prison

“Because it is cheap, tasty and rich in calories, ramen has become so valuable that it is used to exchange for other goods,” Gibson-Light noted in a press release. Gibson-Light discovered the Ramen economy while interviewing inmates during an investigation of the prison economy.

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Thrift

Items You Should Buy From Amazon

Buy direct from merchants through Amazon. Many merchants sell directly through Amazon rather than the fulfillment centers. The big advantage to buying direct is that many of these sellers offer free shipping on all items. Office supplies in particular are far cheaper purchased this way.

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Grocery WarsLong IdeasThriftYou Missed It

Is Current C Dead or Merely Delayed?

The Apple-zombie press is hyping up the Current C “postponement” as a victory for Apple Pay, yet it could be a serious defeat for Apple’s (NASDAQ: AAPL) payment app.

The danger for Apple; and Alphabet’s (NASDAQ: GOOG) Android Pay, is that Big Retail has concluded that app payment is a niche product that will not drive many sales. The retail giants’ executives think that contactless payment is simply not worth the time and effort.

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Good StocksLong IdeasStocksThrift

Why you Need Visa and/or MasterCard in Your Portfolio

Therefore; both Visa and MasterCard are good widows and orphans stocks to hold in your portfolio on a long-term basis; because of the low risk, steady dividend and high-growth potential. Visa stockholders received a 23.59% return on equity, and MasterCard owners were rewarded with a 61.47% return on equity in May 2016.

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Grocery WarsLong IdeasStocksThrift

Why Have Proctor & Gamble’s Revenues Collapsed?

These numbers show us that Proctor & Gamble is a great company with a good business model that generates a lot of float. It has a lot of cash and that cash is increasing. These numbers mean that the revenue losses might not affect the company’s long term operations.

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Long IdeasStocksThrift

TJX Profiting from Income Inequality

That indicates we could be moving towards a serious disconnect in American retail; with upper-income Americans shopping at Amazon (NASDAQ: AMZN), while the increasingly cash-strapped working class turns to brick and mortar discounters. This could be a huge opportunity for investors that can identify which retailers are best-positioned to take advantage of this trend.

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Grocery WarsLong IdeasThrift

Ten Threats to Walmart

Much of Walmart’s success has been based upon its ability to deliver name brands at much lower price than competitors. This is threatened because Americans are no longer buying name brands. Three of the fastest growing retailers; Aldi, Costco and Trader Joe’s, base their business model on a limited selection of low-cost but high-quality private label products.

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Good StocksLong IdeasStocksThrift

Is Wells Fargo Really a Value Investment?

At the end of the day consumer banking and big banks are still a value investment. The monster banks make a lot of money, generate a lot of float, pay decent dividends and they are relatively cheap right now. Unless US Senator Bernie Sanders (D-Vermont); who wants to break up the banks; gets elected president, I would say buy bank stock right now, you won’t go wrong with it.

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