03-10-2014, 08:51 AM
The one thing that jumps out at me is the fact that the Chowder Rule tends to weight dividend growth rate much higher than initial yield, in the decision making process. For a pure DG investor, that would likely make sense, especially were the investor has decades lefts before retirement. I agree with your caution, that many may tend to over use or misunderstand this very simple screening device when making investment decisions.
Alex