Dollar General stores

[Jose159]

Things have changed and will continue to change. It has always have been that way. I'm not complaining as my 401k has been doing great the last couple years..lol

 

[Coin-Saver]

Things have changed and will continue to change. It has always have been that way. I'm not complaining as my 401k has been doing great the last couple years..lol

I agree from the 401k standpoint but one day that 401k will be part of a fixed income while the cost of living will never be fixed..........For me anyway.

 

[cellrdwellr]

Well in a town in Central Massachusetts with a population of roughly 3,000 people, we have zero dollar stores. Heck we barely have stores in general we have one Cumberland farms the size of a postage stamp and one liquor store. Also a winery and farmers co-op, but that's just about it. I have to drive minimum 20 minutes to get to a pharmacy/grocery store and 30 minutes to get to the nearest wally world. That said, I wouldn't trade it for the world

 

[cellrdwellr]

I agree from the 401k standpoint but one day that 401k will be part of a fixed income while the cost of living will never be fixed..........For me anyway.

Very true, who knows what the cost of living will be by the time we actually collect on these accounts. I can only speak for myself, but I've been contributing into my 401k for about a decade, and still have at least another 2 decades to go. I should be close to a quarter million by the time I'm done hopefully, but theres no telling how far that will go in 20 years. At this rate, I may have to work another 3 decades...

 

[Coin-Saver]

Vanguard Group, Inc., BlackRock, Inc., Capital International Investors, Capital World Investors, State Street Corporation,

These were the top shareholders of Dollar General stock as of September 2023
Does it make sense now?

 

[Coin-Saver]

As far as The Dollar Tree... Their biggest shareholders are Wait for it.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Mantle Ridge LP, Nomura Holdings Inc, Capital World Investors, State Street Corp, ANCFX - AMERICAN FUNDS FUNDAMENTAL INVESTORS Class A, T. Rowe Price Investment Management, Inc., EdgePoint Investment Group Inc., and Viking Global Investors Lp .

Now you need to realize that Dollar Tree owns FAMILY DOLLAR.

Is it me or is their a distinct pattern on who controls this market?

 

[Rudy]

I agree from the 401k standpoint but one day that 401k will be part of a fixed income while the cost of living will never be fixed..........For me anyway.

While your money is in a 401K, your investment choices are limited by what your employer's 401K plan offers. But once you retire, you have the choice of rolling your 401K into a self-directed IRA, tax free. At that point, you are in control of what you want to invest in.

I retired in 2007 and I do not have any money invested in fixed income instruments (bonds).

 

[BobOso]

I feel ya. I live in a small community about 20 miles from a medium sized city, 2nd largest in the state. and here we have a dollar general, family dollar,3 gas stations that also sell groceries an Ace hardware all within less than a half block. A community of about 3000- people.

 

[maxxkatt]

People have become broke. Inflation over the last 4 years has increased the price of everything. Inflation effects lower incomes more than upper income. Let's expose the truth. There is a hidden agenda that most people are ignoring. Politics. They make money from donors and back door deals. The government is all about power and they tell us huge lies time after time and after a while it becomes the truth. We don't have a chance. The rich will become richer and the poor poor. Keep your powder dry.

Mark in Michigan

Well, that’s the darn truth.

 

[BuckHill]

I'm pretty sure they would not approve one in the town I live in, we have a lot of bars, 3 pack us, a DD , no fast food.

 

[KingTotsalot]

Very true, who knows what the cost of living will be by the time we actually collect on these accounts. I can only speak for myself, but I've been contributing into my 401k for about a decade, and still have at least another 2 decades to go. I should be close to a quarter million by the time I'm done hopefully, but theres no telling how far that will go in 20 years. At this rate, I may have to work another 3 decades...

This is from KT’s perspective…..His Majesty worked 40 years, and every one of those years, money went into a tax deferred account. For the first 15 years, it was invested in the stock market, then switched over to fixed interest, ended up with ~ quarter million. The Queen did the same, but stayed in stocks, the entire time. Ended up with ~ 1/3 million. Queen has not had to touch hers, KT now has, due to age, to withdraw and pay taxes on a percentage each year, and rarely needing any of it, he layers it into 4 year CDs. Continue to make gains on it.

Castle paid for, vehicles paid for…enjoying retirement! Enjoying my life.

So continue to consistently save….and do not invest in those insurance company annuity plans! They are not covered by FIDC. Also, never invest in whole life insurance policies as you will never pay them off. If you need life insurance for family protection, buy term life only, and if you outlive it, be glad!

 

[KingTotsalot]

Everytime the Queen goes by one of these dollar stores, she growls at them! Needless to say, KT tolerates that action!

 

[drsilver]

Been wondering the same. Now I live in the South there's a dollar general every mile or so. Been in a couple, but avoid mostly.

 

[Diga]

Number of Dollar General stores in the U.S. for the last 10 years:

Year	Number of Stores
2013	10,506
2014	11,132
2015	11,789
2016	12,483
2017	13,320
2018	14,321
2019	15,370
2020	16,285
2021	17,266
2022	18,190
2023	19,146

 

[amc rulz]

I’m in a rural area and 3 miles from me is a Dollar General, 3 years old. Less than 1,000 ft away from it, a new Family Dollar ready to open.

 

[Coin-Saver]

I just heard today that Dollar Store stock has dropped 26%. Maybe they built too many too fast.. don't shop there anyway so if they go under it's ok with me.

 

[FreeBirdTim]

I'll take a bunch of Dollar General stores over having a freaking Dunkin Donuts every 1/4 of a mile! I don't drink coffee and cannot eat any of their artery clogging donuts and sandwiches, so they're just an annoyance to me. Endless lemmings constantly pulling in and out of their parking lots. I see a fender bender at a DD at least once a week. People going in who are half-asleep and slam on the brakes when they see the DD sign and the fools pulling out who are trying to drive while guzzling a hot coffee. So annoying!

 

[vmc1161]

I'll take a bunch of Dollar General stores over having a freaking Dunkin Donuts every 1/4 of a mile! I don't drink coffee and cannot eat any of their artery clogging donuts and sandwiches, so they're just an annoyance to me. Endless lemmings constantly pulling in and out of their parking lots. I see a fender bender at a DD at least once a week. People going in who are half-asleep and slam on the brakes when they see the DD sign and the fools pulling out who are trying to drive while guzzling a hot coffee. So annoying!

You hurt my feelings ... I'm at a dunkin as I type this.

 

[FreeBirdTim]

vmc1161, you can get help for your Dunkin addiction! You can kick the habit, I know you can!

 

[cellrdwellr]

You hurt my feelings ... I'm at a dunkin as I type this.

vmc1161, you can get help for your Dunkin addiction! You can kick the habit, I know you can!