Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Wanganeen said: "In saying this I would like to add that I do not like mechanical styles of investing. I think it is wise to spend a little time on research. "

Wise counsel indeed.

I have been thinking about this foolish four idea for a while now. Last December I used the approach to pick 4 or 5 stocks out of the 50 Leaders using the high-yield, low (dollar) price approach. 11 months later, here are the results:

Burns Philp (-57%)
Aust Cons Investments (-21%)
Brierly Investments (-61%)
Aust Property Fund (-9%)
Gandel Property Trust (+11%)
------------------------------
Average performance -27%

One of the key problems with using the Dow Dividend Approach in Australia (in addition to the ones already mentioned):
The high yield stocks are typically banks, property trusts and investment companies.

Has anyone had any success in applying the DDA to Australian stocks? (Fortunately my dabble was a theoretical one)

Regards
JerryCornelius (formerly known as PWillis)
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement