Why I like Qualcomm

Deutsche Bank’s Top Five Wireless Tech Stocks to Buy


Qualcomm Inc. (QCOM) remains the 900-pound gorilla in the wireless space. A new Qualcomm technology used to create a series of reliable, on-the-fly wireless networks at the South by Southwest Interactive conference earlier this month may soon provide high-end mobile-device users across the United States with a new type of digital experience -- one that combines their live presence and digital identity. The GIMBAL smartphone technology, which was just transferred from Qualcomm Labs to the chip maker's retail services unit, may also prove a watershed for cellular consumers willing to trade location privacy for shopping deals and convenience. Deutsche Bank raised its price target from $76 to $86. The consensus target is $81.43. Qualcomm closed Monday at $77.74.

As the wireless world continues to explode, the companies that focus on new network applications that support increasing mobile use are the companies that will win the battle. Mobile computing via smartphones and tablets is totally changing the game for everything from advertising to entertainment. Stocks that cater to and support the technological change will be the ultimate winners.
Comment: I  have a small position in QCOM. While the dividend is low (1.8%), I see growth potential ahead


Investing: Don't waste your 30's

Observations and comments:
  • It's not easy to make 8% year after year in investments. I don't think I've done it! The best bet would be the mother of all ETFs, SPY which invests in the S&P 500
  • Presumptions in the above calculation (using the FV (Future Value) function of Excel): 
    • Starting with $ 0.
    • Investing monthly
    • Target of $ 1,000,000 at retirement
  • Delaying start by a decade really hurts!

Marijuana Production in America - Not "unicorns and rainbows"

24 Mind-Blowing Facts About Marijuana Production in America
The Landscape-Scarring, Energy-Sucking, Wildlife-Killing Reality of Pot Farming


In the journal Energy Policy, researcher Evan Mills estimated that indoor grows suck up enough electricity to supply 1.7 million homes—in California, they account for a whopping 9 percent of household energy use.
Comment: 1st article is an infographic of the second.