Our "Mutual Fund"

[Robandcindy2]

(06-03-2014, 01:37 PM)TomK Wrote: Wow, Rob -- that list is no joke. I tend to think that perhaps it is a bit over-diversified, but as I read through the names, they look like an excellent list of companies. And if you don't mind tracking it all, good on 'ya.

I suppose that you could argue that once you are that diversified, you're just going to average the same return as the index, but as a dividend growth person, that wouldn't be considered a problem. What you'd really want to know is whether you were able to get into all or most of those names at good valuations. I tend to buy opportunistically, when a good company that I am watching reaches an appealing value, so my portfolio grows slowly (especially recently!).

Thanks for sharing the list.

Been building this for several years now. I used to use several online valuation calculators to determine "fair price" (which I still consider the toughest question we all face). I now rely almost 90% on FastGraphs for my initial "fair value" estimate. If something is fairly priced or under value it receives further scrutiny. My next stop is Morningstar's Fair Value price. If it passes both of those I move on to other considerations. If not, and it is a company I really want (i.e. KMB...still waiting!) I come up with "my buy price", note it on my spreadsheet and move on....