Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Old 02-07-2019, 08:50 AM   #21
Thinks s/he gets paid by the post
SumDay's Avatar
Join Date: Aug 2012
Posts: 1,323
Originally Posted by steelyman View Post
I do recall that skipping high school lunch and jumping in anyone’s car with the company of some girls was reason enough to head for the golden arches.
As a girl who frequently jumped in anyone's car for food I especially enjoyed it when one of the guys paid. lol

And, no, I don't own McDonald's stock. I'd explain why, but it would cause the thread to be closed.

FIRE Class of 2018 @ 61
SumDay is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-07-2019, 10:01 AM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Chuckanut's Avatar
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 8,458
Originally Posted by Sunset View Post
Upstairs they had a fancy coffee station/shop so we got a very nice coffee and pastry, as well, all part of McD, but with a slant localized for Vienna.
There are some very nice McDonalds scattered around the world..

Here is a photo of one of the nicest McDonalds I have ever seen. It's in Porto, Portugal. Note the pastry case. No fried apple pie here.

The worst decisions are usually made in times of anger and impatience.
Chuckanut is offline   Reply With Quote
Old 02-07-2019, 10:17 AM   #23
Thinks s/he gets paid by the post
Join Date: Aug 2006
Posts: 1,450
Originally Posted by Andre1969 View Post
I have a few shares, and it's done pretty well, but I don't know if I'd call it "recession proof". It took a pretty big hit from around November, 1999 when it peaked out around $45/share, dropping to around $13-14 in early 2003. At least, according to the chart on Yahoo Finance.

I forget now when I first bought it, but I remember it had been because of a pretty high dividend. Maybe around 2005-2006, I think? But at some point, the dividend was either cut, or the share price went up faster, so the yield didn't keep up. I want to say it was paying around 4-5% at one point.

It did weather the Great Recession relatively well, though. It peaked out around $65/sh in August of 2008, and the lowest it got to was around $52. It did that several times, including around the March 9, 2009 official bottom.

But, it's around $175 today, and has a yield of around 2.6%. So, it's done pretty good. The dividend has also been pretty consistent about going up every year, too.
I've owned it since about 2003. I bought it at about $21/share when it was on its way down to the $13/share you mentioned.

It has done really well for me. Adding fancy coffee and all-day breakfast to the menu has really boosted their sales. I'm not sure I'd recommend it at this valuation though. I think that if I could sell it tax-free here I probably would.
Hamlet is online now   Reply With Quote
Old 02-07-2019, 12:04 PM   #24
Thinks s/he gets paid by the post
NYEXPAT's Avatar
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 1,677
If it's good enough for Warren Buffet (to eat at every day), It's good enough for me! I try to have breakfast there at least once every two weeks or so.
NYEXPAT is offline   Reply With Quote
Old 02-07-2019, 12:06 PM   #25
Thinks s/he gets paid by the post
redduck's Avatar
Join Date: Mar 2005
Location: yonder
Posts: 2,767
Originally Posted by famousbrownbear View Post
No, I'm not hungry. What are you thoughts on McDonald's as an investment? Potentially a good global recession proof stock.

McDonald's is considered a recession resistant stock.
When the people shall have nothing more to eat, they will eat the rich--philosopher Jean-Jacques Rousseau
redduck is online now   Reply With Quote
Old 02-07-2019, 12:28 PM   #26
Thinks s/he gets paid by the post
Join Date: Jun 2010
Location: France
Posts: 1,260
Originally Posted by Chuckanut View Post
Here is a photo of one of the nicest McDonalds I have ever seen. It's in Porto, Portugal. Note the pastry case. No fried apple pie here.
The McCafé concept has caught on in a big way in Europe. Unlike Starbucks they do not emphasise proprietary beverages ("frothy double-sludge sloppaccino quaranta" or whatever); people mostly order whatever the favourite local coffee is, plus perhaps a small premium pastry. McCafé also does good early-day business in countries where an Egg McMuffin and a hash brown would be considered 200 calories too much for breakfast.
Age 58, retired July 1, 2012; DW is 61 and working for one more year (really!). Current portfolio is 2000K Euros, split 40 stocks/20 bonds/20 RE/20 cash. Renting house, no debts.
BigNick is offline   Reply With Quote
Old 02-09-2019, 07:35 AM   #27
Thinks s/he gets paid by the post
Join Date: May 2014
Location: Utrecht
Posts: 2,538
Originally Posted by BigNick View Post
I'm stealing this - not sure when I'll use it, but I'll find a way.
Totoro is offline   Reply With Quote
Old 02-09-2019, 10:03 AM   #28
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
Join Date: Jul 2008
Posts: 23,005
As we rarely eat fast food at home (once a year or less often), we ate at McDonald's only a few times when in Europe, and it was for convenience. I still remember the hamburger was OK in Brussels, but the most recent one in Sète, France, was unbelievably bad. When people say something tastes like cardboard, they really don't know what they are complaining about and are exaggerating. What I ate was really like cardboard.

I am not a finicky eater, so this is I believe the first time I use the above description. The only redeeming point was that I could have a small Heineken instead of soft drink, and I did.
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 03-20-2019, 07:37 PM   #29
Recycles dryer sheets
Ready-4-ER-at-14's Avatar
Join Date: Feb 2011
Location: chicago
Posts: 217
I just sold 2/3 of my mcd stock today at open of market. My logic was
my entry was nearer to 50 held in a tax deferred account. Per yahoo financial eps of 7.54 so value of company for 20 years of earnings assuming no growth was ~150.

I am aware that staff reductions by ordering via apps and touch entry in lobby should increase some profits to owners for a while.

Final reason was I can get more than the forward dividend yield in fixed income.

They do have earnings announcement April 29th so I may hedge this sell by buying a three month call with some of the profit.

Ready-4-ER-at-14 is offline   Reply With Quote

equity, investing, mcdonalds, stock, stocks

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
McDonald's & health ins. dex Other topics 21 10-05-2010 03:05 PM
Iced Coffee at McDonald's tangomonster Other topics 10 01-07-2008 05:46 PM
Everything Tastes Better from McDonald's? tangomonster Other topics 28 08-13-2007 10:30 AM

» Quick Links

All times are GMT -6. The time now is 09:49 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.