Category: Blog

Why I Like Buying: Wendy’s Stock

Mike Seay
A recent day on the Market for Wendy’s

Yesterday, Wendy’s Co. became the 2nd biggest earner in my stock portfolio. Yes, you might say I have a weird ass portfolio if Wendy’s is a big producer for me (and you would be right), but I love that it happened.

Investing in Wendy’s is kind of adorable. Stocks need more adorable.

When I started paying attention to my investing and realized I could buy shares of Wendy’s, I was like “Awwww how cute, I can have a piece of Wendy’s!? I am totally buying some of this!” I may have giggled as a bought my little pieces on Public.

Yeah yeah, you might be thinking “Wendy’s? How dumb. I just bought some more Berkshire Hathaway! BRK.B all the way.”

Yeah well, that made me just fall asleep. I don’t care if it is a dumb investment, dude, it’s freaking fun and I am doing it!!

Should You?: Reasons Why I Like Investing In Wendy’s

Frosty from Wendy's
Wendy’s Frosty pic from Y101radio.com
  • Frosty’s. I love Frosty’s. It might be my favorite fast food item of all time.
  • Overall the food is better than most (if not all) the fast-food places at their level. I am especially fond of the breaded chicken sandwiches. I think it’s maybe #6 on the menu – I will usually switch-out the fries with a Ceasar salad, BUT they just recently improved their fries so now that is up in the air.
  • It is a steady stock. Doesn’t get really crazy either way. Not going anywhere either.
  • Nostalgia is a factor. Loved them as a kid. It was almost a special treat to have Wendy’s. No, as an adult, I get to throw money at Wendy’s in a more adult way while still having fun – if that makes any sense.
  • And nobody in fast-food historically beats this commercial:

Is Wendy’s A ‘Meme Stock’?

I had not thought of Wendy’s Co being a meme stock until doing some research for this post. My favorite trading app, Public, says that Wendy’s, is in fact, a meme stock.

So I guess Wendy’s is a meme stock. Not sure if I think that is good or not.

But then it also quotes this guy:

“I think the reason the Reddit crowd is pushing it up today is because the retail share float is pretty small in Wendy’s, but I can guarantee you nothing changed overnight to change the fundamental story,” Gradient Investments President Michael Binger told CNBC’s “Trading Nation” on Tuesday.

So whatever. Meme stock or not, I am still in.

Why Not Get Excited About Buying McDonald’s Stock?

I also have a taste of McDonald’s stock but, it is kind of boring.

Everybody knows about McDonald’s, they are everywhere, and most people that invest in fast-food things have some. But not everybody has Wendy’s.

It’s like a little club.

Wendy’s is an underdog stock – if that is a thing. It’s quiet. Not everyone talks about it, or hardly anyone does. But the stock chugs along. Not only that, Wendy’s dividend (at this moment) is slightly better than McDonald’s.

Wendy’s Stock Dividend Rate2.48%
McDonald’s Dividend Rate2.24%

Yes, McDonald’s trades higher. Maybe it will do better in the long run. Maybe. But it will be boring (there is that word again). Investing in Wendy’s is fun.

Yes. You Can Buy Wendy’s Chili In a Can

Sorry, I have to tangent for a second here, in my research for this post I stumbled onto the fact that you can buy Wendy’s Chili in a can!! Would you think less of me if you knew that I am going to try this?

So. Wendy’s stock. Let’s sum up why I think it’s cool!

  • Frosties are really good and it deserves your dollars.
  • McDonald’s stock is boring.
  • Wendy’s has historically better commercials.
  • Investing in underrated things, like Wendy’s, is more fulfilling.
  • The beef is with investing in solid stocks that are also fun.

There you are. Why I think Wendy’s stock is cool.

Disclaimer: I am just a dopey blogger. This is not real investment advice. While I really do own stock in Wendy’s, this post doesn’t mean I know what the hell I am even talking about. Please do your own research. Don’t take chances with your money. And don’t take this blog or post as more than entertainment or something to think about.

I May Be A Person Addicted To Buying Stocks On Public

Mike Seay
This is what the profile of a jackass looks like on Public

I started with $100 bucks not knowing what the hell I was doing. And now I have… less than that – LOL and stuff – it’s been rough past week.

Yep, after a couple weeks I have yet to make any money trading on Public but I sure have had some fun.

Being able to buy some stock for just a dollar has definitely triggered my collector response. If you look at my portfolio, you will see.

“Ohhhh hey, I like Wendy’s. I’ll take one dollar’s worth of Wendy’s please, thank you!”

“Woah, Costco is on here!? I hate it there but other people like it – I shall have a dollar of that please.”

I have always thought IBM was, like, some elite stock that only snobs and rich folk had. Nope, any idiot can buy a taste:

Most of the pieces I bought when I started were of things I liked, but were also kind of okay to buy. That has been fun.

But I think I am addicted to the stocks.

I have dumped all my cash into my Public account. Like, every fucking dollar I can afford to.

I have not stepped over the line of using money I can’t afford to lose yet. So that’s good, yeah?

Even so, I am addicted to watching the “Top Movers” feed of my portfolio and watchlist.

And this week it is driving me nuts because I only have like five damn dollars to spend on stocks until payday Friday.

So, all I can do is hope for one of the pieces I want to sell will go high enough for me to sell it so I can have some spending cash.

I will go nuts on Friday though, especially if the Market is still in the crapper and everything is red (buy when red, yeah?!).

I may need a handler to keep me in check.

😜💵💸

*This is not financial advise. It is for enjoyment. Be responsible with your money. Don’t do what a dopey blogger does.

**I have a newsletter version of this bloggy stuff on Substack.

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Launching: ‘Buy When Red’ Newsletter For The Hell Of It

Mike Seay

So I got a newsletter over on the Substack side of the blogging/newsletter vibe thing that’s going on here.

It’s the same kinda stuff you find here, only delivered to your previously clean inbox.

I imagine there will be a thing or two different there than here but if you prefer to get emails than that is the thing to sign up for.

Why though? Why would you do this?

Well, I am trying to entertain ya with stock-y content. Trying to let people know that investing is for everyone and some enjoyment can come from it, even if you are losing your ass or only have fifty bucks invested in the whole damn thing.

I am still figuring it all out really. Hope you can tag along and enjoy yourself along the way.

3 Early Favorite ’Public’ App Users Of Mine To Follow – Volume #1

Mike Seay

I imagine the regular serious stock person dude scoffs at Public. They may be right in doing it. I don’t know. But it is fun.

One of the fun things is following other Public users and trying to glean some knowledge and enjoyment from them.

After a couple weeks, there are a few worth mentioning:

@Arkygirl43. Makes some solid investments with a mix of short and long terms, with good comments and posts.

@Evangower. Evan has some nice info posts with a mix of photography and insight.

@BrownBagginIt aka “Lunch Money”. This dude seems to have figured it out. He is where I want to be. Helpful insight and regular investing makes him a must-follow.

I am new to Public so I am only scratching the surface of the community there. Looking forward to following more cool people on there.

🤟✌️🍻🤑

A Stock Investing Blog With A Punk Rock Vibe?

Mike Seay

Hey there. So, I have a day job that is boring in relation to this, but I am also a blogger and podcaster and a big consumer of creative (mostly writing and music) blogs and newsletters. And I recently got really into investing money into stocks.

I have not noticed many (if any) blogs or newsletters that would fall under the description of a fun, indie, creative, or artistic place, that talk about stock investing. So, I have decided to start my own.

In my head, this will be like an indie zine or bi-weekly paper. Like if a hardcore band started worrying about investing in the stock market and wanted a place to hang while it was figuring that out? Yeah, that is kinda the vibe I am pushing for here.

The Investing Part

I am newish to this stock market and investing thing, even though I shouldn’t be – new to paying attention to it, I should say. I am learning more each day, but, so you know, the keyword is learning.

What I want, someday, is to not have a day job.

To not have to show up to work at someone else’s place, every damn morning. To not have a boss. To retire from all that crap. To live life how I want to.

Yes, I guess we all want that. But that takes money.

I heard a thing the other day that this New York Stock Exchange place as some money. Or it, like, points you to things that might generate money (or freaking lose money).

That is where Buy When Red comes into play.

Buy when it is red – heat map from finviz.com

At the moment, I keep it simple with my investing. I buy (if I have the extra cash) when something is in the red (low) and don’t sell until it’s in the green. That is basecamp for me and we’ll see how far I can go.

I know stocks and a zine don’t really go together but that’s why I kinda like it. It all sounds kinda weird. The two worlds don’t really bond.

But I hope you join me in this bonding experiment and find some joy and entertainment from this blog.

Thanks for being here.

-Mikey @BuyWhenRed on Twitter and Public.

DISCLAIMER: Investing involves risk. Any information shared here is for entertainment and informational purposes only and not intended as investment advice. Do your own research and take great care with your money.