It's the return of the morning news. A few select highlights of what I think is important for the day both from Moran Publishing and in news/politics around the world. I'll will do this segment as often as there is pressing news to relate.
Today I will start in the world of Politics. Vice President Joe Biden announced moments ago he will not seek the Democratic nomination for President. There have been many rumors he would enter the race, but in the end VP Biden will not run. This clears the field for Hillary in my opinion and is bad news for Senator Sanders. Clinton and Biden would have fought each other for the *establishment* vote and hence helped Sanders. Look for Hillary to get a boost in the polls after this news.
In book news, after many health concerns, I am going to get started revising the book that will follow ELLA. My surgery last week went well (I'm not going into more detail, I know everyone has their own health to tend) - and I will be back on track soon writing wise. As many of my readers know, I have quite the pile of manuscripts waiting to be turned into books - quite a few could be the 'next'. As of now, I'm going to select Preface to a Suicide (A Ray Holden book) - for the simple fact it's in the best condition for lack of a better phrase. I know some readers will have an opinion on this - if you are not okay with the next book of mine to be published *NOT* being an Ella book, feel free to sound off in the comments section.
Finally, I'll tackle the world of finance.
Earlier this week I posted my rebuttal to a click-bail article stating that McDonald's could be on its final days. Check out my article here. The reason I reacted so strongly is tied to the very nature of the 'why' stocks are picked for my portfolio. I've been a waiter for most of my adult life -hence, money was hard earned and didn't come easy. When I invest that money, I want it returned to me. I don't buy the hot stock or the next big thing. I invest in safe companies that have stood the test of time.
McDonald's is a rock of a company and no matter its troubles at present will be there when my baby gets to be a teenager. Whether she decides to eat the food will be up to her. Point being - the very essence of why I own MCD shares refutes the story I referenced - no few quarters of bad sales could put McDonald's out of business. The company continues to pay a dividend and hordes of customers go through its doors each day. The first question I ask of a company before it gets put on my portfolio - not will I see a return *on* my capital, but will I see a return *of* my capital. Will McDonald's that answer is an emphatic yes.
Have a great day.
From Moran Publishing in Vegas,