An Angel preaching another gospel

A common criticism of The Book of Mormon: Another Testament of Jesus Christ is it is “violating” scripture by adding to the Bible. Over several blog articles I will attempt to explain what the prophets were saying, giving context and showing how this concern is unfounded. For this post I will discuss the criticism found by misunderstanding Galatians 1:6-9 and how Latter-day Saint belief that Moroni, a resurrected being (and commonly called an angel), delivering the gold plates to the prophet Joseph Smith, is exactly what the Apostle Paul was warning about when he wrote: Continue reading

Stock Picks – August 13, 2018

Stock pick

I believe one of the best deals currently is AT&T (NYSE:T 30.52 +0.03 +0.10%). When something thinks of AT&T they typically think of a telecommunication company, which sells cell phone service, telephone lines, fiber connections, perhaps satellite TV (DirecTV), cable TV, and over the top TV (DirecTV Now and Watch TV). In other words AT&T is a content connector. They connect you to content.

And this assessment of AT&;T would be right, if this was still May. In June, AT&T morphed from being a content connector into being a content connector AND a content provider with the purchase of Time Warner (known post merger as Warner Media). AT&T now owns power house brands such as HBO, Cinemax, Turner Broadcasting (TBS, TNT, CNN, Turner Classic Movies, Cartoon Network, Bloomberg, and TruTV) , Warner Brothers (one of the big 6 film studios), DC Entertainment/ DC Comics, and much more. They operate NBA.com and NBA TV, NCAA.com, PGATour.com, PGA.com, and much more.

Check out this list of assets now owned and controlled by AT&T.

This merger now makes AT&T the 5th largest company in the United States, and one of the largest in the world. However, Wall Street, while knowing about the merger doesn’t seem to understand what AT&T just did and the moat they just created. For a quick exercise look up T on the stock brokerage of your choice and read the company profile. There is basically no mention of the WarnerMedia subsidiary. Basically Wall Street is comparing them to Verizon (VZ 56.63 +0.58 +1.03%), Centurylink (CTL 20.97 +0.39 +1.90%), etc, when really they are a combination of Verizon and Disney (DIS 115.18 -0.92 -0.79%).

AT&T closed slightly down on Friday to $32.26 a share. They are down -15.6% over the last 52-weeks, and nearly at their 52-week low. They are slightly above their 90-day moving average ($31.87) and below their 200-day moving average ($34.11).

AT&T pays an amazing dividend of $2 per year (current yield 6.17%), which they have continuously paying (and increasing) for the past 34-years!
This is the second time I am choosing T as a MikesStockPick. I previously purchased shares for $31.07 in July and for $31.965 in August.

Back to School Family Home Evening

Tomorrow Mikey starts 7th grade, Josh 5th, and Hannah 3rd. In one week Lizzy will start Kindergarten. Amanda and I decided to hold a short family home evening. Josh read 1st Samuel 16:7. We talked about how the Prophet Samuel was looking for the next King and how he learned that’s the Lord doesn’t care about how we look on the outside but the inside. We likened this to how there will be all sorts of different kids at school and we should not judge them based on how they look or what they wear but instead try to see them how God sees them and love them as God loves them. We then had Hannah read Matthew 11:28-30. We discussed how Christ took upon Him all of our heartache and pain, our sorrow and our stress, as well as our sins during the atonement and that we can put all of this on Him and accept in return His yoke, His burden, which is to love each other and follow His commandments.

We finished Family Home Evening with each kid getting a Father’s Blessing.

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Stock Picks – July 26, 2018

Stock Pick # 1

I recently purchased shares of MongoDB Inc ((MDB 79.69 -1.22 -1.51%). MongoDB Inc was originally founded in 2007 and is the developer of the MongoDB database. I use MongoDB in some of the technology that I sell and service and their popularity continues to grow. They are still a small company but growing fast, having basically doubled year to date in 2018 and I believe this growth is not slowing down, but will continue for many years. I paid $57.54 a share.

Stock Pick # 2

Yesterday I purchased shares of Beasley Broadcast Group Inc (BBGI 6.61 -0.26 -3.71%), a large radio station ownership group. They were originally founded in 1961 and have been publicly traded since 2000. Beasley owns and operates 65 stations in 13 radio markets, including Las Vegas (where they have 5 radio stations). Their stock has recently fallen on news that one of their major shareholders was selling a bunch of stock, below what the market price was at the time, to help fund the purchase of a new radio station. Investors seemed worried that the stock would get diluted with a new offering, but it was as not a new offering this seemed to be a case of market over reaction. I purchased it for $6.90 per share.

Stock Picks – July 23, 2018

Stock Pick # 1

Today I purchased shares of telecom giant AT&T (T 30.52 +0.03 +0.10%). AT&T is currently paying a 6% dividend and has been continuously paying and growing this dividend for the last 34 years! Once its merger of Time Warner is finally complete, AT&T will be the 5th largest company in the United States. AT&T reports on their 2nd quarter earnings tomorrow and it will be the first quarter that will include financial information for Time Warner. With the purchase of Time Warner, AT&T is setting themselves up as a content creator. In many ways it seems like AT&T is becoming more like media giant Disney (DIS 115.18 -0.92 -0.79%), instead of simply a telecom giant.

I believe that the market will be pleasantly surprised with their earning report tomorrow and we will see a large jump in their stock price. I purchased shares for $31.07. However, I am also hedging my bets as I have another order in at $28.09 as one area of concern to me is the amount of debt that AT&T has, however I do not believe they are over leveraged at this time. But Mr. Market may decide tomorrow that they are over leveraged and will cause a large price reduction. Should that happen, I’ll buy some more on sale.

Stock Pick # 2

In my IRA I purchased shares of Main Street Capital (MAIN 37.17 -0.28 -0.75%). Main Street is a business development companies (“BDC”) who makes loans to small and lower mid market businesses in exchange for an equity position in their company. They have investments in a wide variety of businesses and have had good returns from their investments. They pay nearly a 6% dividend, but rather than paying it 4 quarterly installments as most companies do, they pay it in monthly installments! I paid $39.35 a share.

Where does the time go?

Its July 22, 2018. Let that sink in for a minute. 20-years ago it was just a few weeks before my senior year of high school. 14-years ago, my wife and I had been married just a few months. 10-years ago we were in the beginnings of what is now called “The Great Recession”. 5-years ago, our youngest child, Lizzy, was just about ready to be born. 1-year ago, my family moved to Southern Utah (I stayed in Southern Nevada for a few more months for work).

I need to be better at valuing each day because that day will never happen again.

Primary 6 Lesson 1 – Heavenly Father’s Plan for Us

I am continuing 2018 serving as the Valiant 10B teacher in my local LDS Ward (Congregation). I am teaching 5 boys and 3 girls who are 10 (and turning 11 this year) about the Old Testament.

This weeks lesson (lesson 1) is titled “Heavenly Father’s Plan for Us”. It helps us understand our purpose on the earth and answers that age old question of “who am I” and “why am I here”.

The lesson text is available on the Primary.LDS.org webpage. I like to use incorporate other sources to help, including “Short Attention Span Sunday School“.

I often to use a Slide Deck (created on iOS’s Keynote) to display wirelessly onto a TV in the classroom. Here is [download#53#nohits] for anyone interested. I saved it in PDF format, but if someone wants it a different version, let me know, and I can send it to them.

 

Primary 5 Lesson 35 – The Nauvoo Temple Is Used for Sacred Ordinances

I have recently been called (given the responsibility) as a Primary Teacher in my Ward for 10 and 11 year old children, including my oldest, 11-year old Mikey. This year they are studying the Doctrine and Covenants and LDS Church History in the Primary 5 manual. Yesterday was my first time teaching. I wanted to add some A/V to the lesson in hopes of keeping their attention. I found a blog called “Short Attention Span Sunday School“.

The lesson yesterday was lesson 35 “The Nauvoo Temple Is Used for Sacred Ordinances”. I used a lot of the information from Short Attention Span Sunday School’s Primary 5 lesson 35 post.

I created a slidedeck on my iPad using Keynote and decided to share it in hopes that others may find it helpful. Note – this is a large file as I embedded a video in it.

Let me know if this is helpful to anyone.