My family has a habit of investing in companies that we believe in. Our family portfolio includes an automaker and an oil company that are serious about making money while remaining serious about caring for the world we live in. In short,
We added a fun company to our portfolio, literally. Cedar Fair Entertainment Group (stock symbol: FUN) is the company that owns two of my favorite places in the world: Cedar Point and Michigan’s Adventure. [As well as a few other amusement parks, hotels, water parks, and other stuff]
Why invest in this company now… in a recession? The play for us is that we think that families are still going to take their kids on trips this year… and an amusement park is the perfect place to drop off a few hundred bucks in a day while feeling like you can’t afford to go on a big trip. Put that with this family-friendly businesses habit of distributing profits to its investors and I was sold!
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