Loblaw Companies (L) just rolled out a 4:1 stock split — chopping each pricey share into four more snackable pieces. Same total grocery bill, just served in smaller portions.
Meanwhile, we’ve been sitting on our hands (and wallets) since February, quietly fattening up our cash reserves without buying a single shiny thing. Call it a financial intermittent fast.
What’s on our watchlist while we starve? FGMC cozying up to Boxabl in a merger that could unfold like an origami house; TKO flexing after its new deal with Paramount; and CRSP tempting us now that shares look more affordable and the insider activity smells … intriguing.
With that said, our portfolio is sitting at around 17% cash right now, so it's probably time for some buys ... sooner, rather than later. We'll most-likely jump in, the next time we see a few red days in a row to capitalize on (something tells me we're about due for a market correction, and we'll be happy to have cash on hand when it happens).
