The Motley Fool Investment Guide does recommend buying the Foolish Four in the following order: 2,2,3,4,5, thus doubling up on #2. This stock, referred to as the PPP (penultimate profit potential, or something close to it) by Mike O'Higgins, who invented (more or less) the Beat The Dow strategy, supposedly does extremely well, historically speaking. However, when you split your nest egg as indicated you end up with 40% of your $ in one stock, which TMF Sheard thinks is not Foolish. (He cites Intl Paper as a PPP which turned to be a dog rather than a Dog, if you get my meaning.) So, the current Foolish Four does NOT involve doubling up. BTW, in another change from the book, the number 1 stock (the UPP- ultimate etc,etc) is no longer discarded as a matter of course. The UPP (the cheapest BTD 10) is only kicked out if it ALSO is the highest dividend yielder. Check out the Foolish Four (formerly Daily Dow) page earlier this year for the changes.Hope this helpsChris S.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra