Walt Disney Company Reacquiring Control of Theme Park

Walt Disney (DIS) posted profits from their theme-park division that beat earnings from other businesses within the company, such as their cable TV branch or their film division. These profits come from domestic parks and the new Shanghai park, which opened in June. They did not come from the European park in Paris, which has a history of under performance leading to now being re-acquired by the Walt Disney Company through a purchase of a 9 percent stake from Saudi Prince Alwaleed Bin Talal. This is not the first time Disney has helped out the Paris location, with a maneuver as recent as 2012 where Disney consolidated a number of debts into a loan backed by themselves.

The offer for the shares that Disney wishes to acquire is 67 percent higher than Euro Disney’s closing price Thursday.

The Beauty of Compounding

If you expect to live comfortably in retirement you should start investing as early as you can. Its not enough to expect to survive on social security income alone, and thats if it’s even an option by the time millennials reach retirement. It is wise to start early with investing due to a very special factor called compounding. Investopedia defines compounding as the ability of an asset to generate earnings, which are then reinvested in order to generate their own earnings. So if you start with $1.00, and it grows 10%, you would have 10 cents more, equaling $1.10. Then if that $1.10 grows 10%  you would have 11 cents more, equaling $1.21, and so on and so forth. So the sooner you start, the more time you have for compounding to take effect. If you start an account at 25 years old with $1,000 and add $200 a month with an average of 7% annual growth, and keep it up til retirement at 65 years old, you will retire with more than half a million dollars. That is not a bad retirement. Start investing as soon as you can!

If you dont know how to trade stocks you first have to find a brokerage site that you would like to use. Examples are RobinHood, TradeKing, or E-Trade. Open up an account, find some stocks you like, and invest away.Crowd-sourced ideas for the names of companies that are publicly traded can be found here.

Friday Arrived With a Bang, Rallied Markets

The stock market is rallying today due to positive reports from the government detailing higher employer hiring rates, a positive indicator for the state of the U.S. economy. The benefit here is for small business, as they get the most out of faster economic growth. Another sector contributing to today’s rally is banking, thanks to President Donald Trump taking the initial steps to deregulate.

All in all, the Dow Jones industrial average rose back to above 20,000, with a gain of about 170 points, or 0.9%, to 20,055. The Standard & Poor’s 500 index rose 0.7% to 2296, and the Nasdaq composite index rose 0.4% to 5657.

All in all, a good day for the stock market, after the poor performance of the past few days.

I’ve been on astoxs.com looking for ideas and new companies from other investors. A big mover today on Astoxs was Advanced Micro Devices (AMD). Investors showed up in numbers to show their commitment to this hardware firm. Good stuff, check it out.