 I love to invest in trash. And in this video, I will tell you why. I'm not talking about shit coins or any speculative option trades. I'm talking about the business of trash itself. To be more precise, I'm talking about the company Waste Management. Let's start with the basic, what is waste management? Waste management is a North American environmental service provider headquartered in Houston, Texas. This company takes care of your trash. This includes the collection, transport, treatment and disposal of waste. It's not just that simple that you put trash into your trash bin, put it in front of your house, a truck shows up and then all of a sudden the trash is gone forever without any repercussions on our environment. Like where does the trash go? What happens to it? I watch waste management trucks pick up our trash every single Monday and Thursday and I wanted to learn more about it. I wanted to know where is my trash going? What is it doing? So I did some research. Waste management picks up your trash in trucks that are fueled by their own renewable energy created by trash that they pick up. They bring it to landfills where they capture methane gas at the sites to turn it into renewable natural gas. This helps power the electric grid providing clean energy to homes and their own trucks. From a business point of view, it looks something like this. Waste management gets paid to pick up your trash. They use your trash to create renewable energy which they sell to the grid. They also use your trash to create renewable energy to fuel their own trucks. Sounds like they are getting paid to pick up money. I like it. But that's only a small fraction of services waste management provides. They also provide services to businesses such as business waste containers, business recycling and even the rollout dumpsters you usually see in front of construction sites. Why waste management and not another company? In 2020, waste management managed 26% of all landfill volume just in the United States and this increased to 31% after they acquired advanced disposal in October, 2020. 31% of all the volume in the United States. That's huge. That is quite impressive to me that they have 31% of the entire share, the volume in the United States. That's huge. Additionally, waste management also reported that they have $14 billion worth of property equipment. They paid back $2 billion in debt just this year and they have a free cash flow of $2.5 billion. Those are all really impressive numbers. That's very important to me because it shows that waste management already has a very solid position within the waste sector. And even if a new company wanted to play in the big league waste management already has a pretty big head start. Another reason why I like waste management is because they pay out a dividend and they also have a share repurchase policy. This is great because if waste management keeps buying back their own shares this will increase the value of the outstanding shares means my shares will be worth more. How does that work? So whenever a company decides to buy back their own shares that reduces the amount of outstanding shares which also increases the value of the remaining shares. It also increases the earnings per share so theoretically every share is worth more because the earnings per share are higher. What about dividends? As of today, waste management currently has a 1.45% dividend yield which in my opinion is great. There's a lot more to this company but I wanna move on and explain to you why I personally invested into waste management and why I'm going to invest even more in the near future. First of all, I'm 100% convinced that humans will never stop creating waste. We simply mastered the game of creating waste. Everything we buy or order comes into packaging that we most of the times just throw away. One example, you order takeout. You ordered some burgers and fries and whatever you want, right? You get a big bag. Within that bag, you have smaller items that are also wrapped in trash already. So that comes with a receipt that's also stapled to the bag. So we have so much trash for a burger and fries. Every item at the grocery store that you purchase is packaged to obviously protect the product but as soon as you buy it and you go home you open it and you throw out the packaging. So we create trash on a daily basis. I think you get the idea. Everything we buy comes in packaging and we throw that out. It is really hard to eliminate waste completely so why not invest into a company that makes money out of it? Since we create trash every single day I believe that this investment will hopefully increase in value over time and I don't think that I will ever sell my shares. I simply don't see a reason why I would need to liquidate my position within waste management because this company or this investment already made me 12% this year plus paid me dividends. Obviously it won't make 12% every single year but for the long run I'm talking 15, 20 years. I believe that this company will be valued way higher. Also receiving dividends four times per year doesn't hurt either. Another reason why I wanna start investing when putting more money into this position, waste management is because Bill Gates second largest investment is waste management. I mean it doesn't hurt to know that one of the richest people on this planet likes a company that you like to. I currently have a fairly small investment within waste management but I wanted to do more research before I invested another dollar. If you're still here watching this video thank you so much for your time. Have a wonderful day.