Could Buying Costco Today Set You Up for Life?

Costco (NASDAQ: COST) is a store I frequent almost weekly, thanks to the good prices and the shockingly fresh produce. That said, I've never owned the stock, even though it has the type of impressive dividend record that attracts my attention. Sometimes I wish I had bought it, though, because paying full price for a great company can often lead to strong returns. But what about buying it today? Would adding Costco to your portfolio right now set you up for a lifetime of strong returns?The first thing that investors have to get their heads around when it comes to Costco is the business. It is not your typical retailer -- it is a club store. Customers, like me, pay a yearly fee for the privilege of shopping at Costco. Those membership fees, which basically have no costs associated with them, make up around half of the retailer's operating income. That changes the retail game in a very important way.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool