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Schoenberger Gives Tips for Investing
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The BlackBay Group managing principal Todd Schoenberger on where to invest in today's market
- Duration 2:44
- Date Apr 11, 2012
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The BlackBay Group managing principal Todd Schoenberger on where to invest in today's market
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Now time for the pay cut back with me on -- -- right -- favorite stock right now is easy PW EZCORP.
Pawnshops easy -- and that's ahead.
Let it -- but it well look -- this is.
Amid dire times so we had dire fiscal times who as a result -- -- -- -- gonna go out biggest sell the merchandise try to raise some cash.
This company -- Cheryl since 2007.
Has seen revenue growth per year of seventeen and a half percent.
You talk about an all cash company they're taken advantage of these dire economic times this is why you wanna -- the staff.
Is it gets better that's a lot of hope I've decided it's not gonna happen -- -- economy is in dire -- who -- household balance sheet right now Americans pay more in debt that what they're earning right now -- -- twenty for every dour earnings come.
It's still in England I'm sorry to Sabre and -- they would this moment basic duties upon the ink uneasy depletion until commercial yeah Todd show murder on -- the the -- -- -- -- commercial free coupon occurred on.
Are the public -- we talked up -- than before this can expect a bit but.
Again and again -- when the economy is down people are moving back in with mom and dad public stored -- Now we're seeing I mean you could not it's easy to buy a home cheaper to buy home minister into an apartment right now -- you're going to play overtly.
You're right about that however I still think Americans are Smart enough to know that you don't put cash down on it for when it depreciating asset -- you wanna stay away from houses and you go to about a out of out -- -- -- house right now the united it is currently Castro announced that in -- worth it.
Public storage a reason -- -- like it is at the dividends north of 3% it's an -- cash business.
They're -- -- making money.
The way Wal-Mart makes money to put up these structures are climate controlled.
But they're also leasing out the bottom portion of these buildings to retailers it's an all cash business no debt I love that -- -- OK and the two stocks that you like but I respectfully disagree on but do you think you'll like it again we're gonna disagree like Lifetime Fitness I'd I'd say when I was pleased about time I used to be a member like learning -- -- -- -- -- What I used to be it is it is however however you speed member Lifetime Fitness status San Antonio a wonderful place in the polls say at the mountain climbing everything that you want.
Profit margins or 8% -- it should be an all cash business a lifetime and as the economy prices went to get people that don't have enough money discretionary income because it cost more to put money in the in the gas tank -- was put food on your family's stable.
You're not gonna go to -- and it's not -- -- that -- more than 30% of middle but you make it and bellies or whatever they call this place is right now but that's 10% cheaper to get that our.
Lifetime there are other picks their other picture right and we look at those on next time I -- South America to see -- my questions are being here thank you.