Stock Picks – July 26, 2018

Stock Pick # 1

I recently purchased shares of MongoDB Inc ((MDB 143.73 +4.97 +3.58%). 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 3.90 -0.07 -1.76%), 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 30.51 -0.17 -0.55%). 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 114.96 +0.48 +0.42%), 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 37.68 -0.35 -0.92%). 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.