Costco's Long-Lost Cousin...


Here's your weekly helping of interesting investing information and insights.

Opinion

Did you know that Latin America has a Costco (COST) clone?

I just learned about PriceSmart (PSMT) on the Business Breakdowns podcast... and I gotta say, I'm intrigued.

56 warehouse clubs. 13 countries. A family tree that goes straight back to the inventors of the whole warehouse club concept.

And yes — the same family that helped build Costco.

But this is NOT Costco. And understanding why that matters could save you from one of the most common mistakes investors make with this stock.

I whipped up a deepish dive for you — the business model, the competitive moat, the hidden risks most people never talk about, and whether it's actually worth buying today.

Click to read the full breakdown [HERE] and let me know if you've ever been to a PriceSmart or would consider making an investment.


Video I'm Watching

video preview

Hot off the press it's Eli from Dividendology... UNMASKED! He was on with the Debt Free Doctor - Dr. Jeff Anzalone and talked about the finer points of dividend growth investing and shares a few stock ideas too.


Podcast I'm Listening To

show
How to Find 100 Bagger Stock...
May 1 · The Compound and Friends
93:04
Spotify Logo
 

The Compound and Friends had a fun and insightful chat on How to Find the Next 100 Bagger with Neeraj Khemlani and Matt Ankrum. They're running a real time 30-year "coffee can" investing experiment and break down the nuts and bolts of it.

You can also find the charts with the companies they talked about HERE.


Disclaimer: This is not investment advice. Do your own research before making any investment decisions.

😁THANK YOU to all who responded to the last newsletter!!

Check out the portfolio on Blossom, the podcast, or see what’s cooking on YouTube.

And now, here is this week's portfolio activity...


Dividends Received This Week ~$10.54

  • Amplify Intl. Income Dividend ETF (IDVO) | $10.54

Dividends Received 2026 (Schwab Only)~

$1,666.07


Stocks Sold (AVERAGE)

None.

Stocks Bought (AVERAGE)

  • 5 Schwab U.S. Dividend ETF (SCHD) | $31.89
  • 2 Kinsale Capital (KNSL) | $328.50
  • 5 VICI Properties (VICI) | $28.75
  • 3 Amplify Intl. Income Dividend ETF (IDVO) | $42.30

💰 GOING EX-DIVIDEND THIS WEEK 💰

  • 5/4 Sanofi (SNY), 5.27% | 90VS
  • 5/4 Blackstone (BX), 3.93% | 45BS
  • 5/6 Waste Connections (WCN), 0.87% | 80S
  • 5/8 Pfizer (PFE), 6.53% | 50BS
  • 5/8 Charles Schwab (SCHW), 1.40% | 80S
  • 5/8 Walmart (WMT), 0.75% | 90VS
  • 5/8 Main Street Capital (MAIN), 5.55% | 62S

🎦 If you missed it, SimplySafeDividends.com just started ranking covered call ETFs, fifteen of 'em, and JEPI isn't the safest...

video preview

🔥 Seeking Alpha Sale 🔥

I use Seeking Alpha to research stocks and find new investment ideas and right now they're offering $30 off Premium!

Premium: $269/year (save $30) + 7-day free trial

Get access to stock ratings, data-driven insights, and institutional-grade research tools.

*This is an affiliate offer, and I will receive a small commission at no additional cost when you buy a premium annual subscription after clicking the image above.


🎶Random music from the Dapper Dividends Jukebox🎶

Calabrese - Born With A Scorpion's Touch

video preview

🎙️Check out the Dapper Dividends Jukebox!🎶

Are you cursed with too much money? Consider my TIP JAR as a last resort before lighting it on 🔥!


Hey, you made it to the end of the newsletter!

Congratulations!

How did you like it? Do you have any suggestions for improving it? Please let me know here.

That said, have a WONDERFUL week, and I'll see you in the next one.


Unsubscribe · Preferences

Copyright (C) *2025*DapperDividends*All rights reserved.

Dapper Dividends

Each week you'll learn how to be a better dividend investor and follow the journey of a welder with a passion for passive income to $1,000,000 and beyond.

Read more from Dapper Dividends

Here's your weekly helping of interesting investing information and insights. Opinion I sold all 115 shares of SCHY at $32.46 this week. Why? This will only apply to readers in the USA, but it was in my Roth, and you can't claim the Foreign Tax Credit in a Roth. Foreign countries take ~15% off your dividends before they hit your account. In a taxable brokerage you get that back at tax time. But in a Roth you forefit clawing that money back. Last year that was only about $9 for me. But $9...

Here's your weekly helping of interesting investing information and insights. Opinion A famous short-seller named Carson Block recently said something on a podcast that caught my attention. He thinks AI could wipe out around 15% of office jobs — things like legal work, accounting, finance, and analysis — within three years. That's millions of people who might suddenly need money. And when people need money, they sell their investments. That's important to think about because the stock market...

Here's your weekly helping of interesting investing information and insights. Opinion The P/E ratio has probably scared more investors out of more great companies than any bear market ever has. It’s happened to all of us, and this will 100% shift your mindset. And if you have no idea what the hell a P/E ratio is, it's actually pretty simple. A P/E of 15 means you're paying $15 for every $1 a company earns. The market's historical average is around 15-20x. So when something shoots way above...