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The Prudent Investor

Watching Investments Grow

Last Build Date: Wed, 29 Nov 2017 14:37:35 +0000



Wed, 16 Oct 2013 12:33:58 +0000

We make money so that we can trade it for goods and services. Last year our lawn was taken over by crabgrass so I sprayed it and got rid of the crabgrass. I did not realize that one needed to spray pre-emergent solution so the crabgrass returned. It was at that point I decided to […](image)

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Fri, 13 Sep 2013 13:24:38 +0000

We make money so that we can trade it for goods and services. Last year our lawn was taken over by crabgrass so I sprayed it and got rid of the crabgrass. I did not realize that one needed to spray pre-emergent solution so the crabgrass returned. It was at that point I decided to […](image)

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Prudent Investor Portfolio To Closeglsmyth

Sat, 31 Jan 2009 01:59:44 +0000

Although I stopped writing for the blog, I continued making my purchases for the Prudent Investor Portfolio.  All purchases were made through because they offered free trades, and the purchases were based on this premise. Alas, the promise of free purchases was too good, as I just received an email telling me that as […](image)

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September Purchaseglsmyth

Mon, 22 Sep 2008 17:09:58 +0000

I was on vacation in Scotland, so I could not make my regular purchase on the 7th of the month. Purchased: WL 4 shares @$30.25(image)

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August Purchaseglsmyth

Thu, 07 Aug 2008 14:45:40 +0000

I bought 4 WL@ $26.03(image)

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June and July Purchasesglsmyth

Tue, 08 Jul 2008 17:42:05 +0000

I forgot to make an entry for last month, so here are the latest two purchases: 9 June – Purchased 2 shares of CHTT at $61.65 8 July – Purchased 4 shares of WL at $24.27(image)

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May Purchaseglsmyth

Fri, 09 May 2008 18:06:34 +0000

I purchased 3 shares of WL at $33.20.(image)

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April Purchaseglsmyth

Mon, 07 Apr 2008 15:42:46 +0000

I purchased 3 shares of WL at $32.10.(image)

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Fifth WL Purchaseglsmyth

Fri, 07 Mar 2008 14:43:22 +0000

Last week I realized that I had not funded my account and only had enough money to purchase two shares of WL. Today I saw that the account was funded, so I purchased four shares of WL at $29.61. This completes the initial purchase of WL. I will probably buy more over the next few […](image)

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Fourth WL Purchaseglsmyth

Thu, 28 Feb 2008 15:23:40 +0000

Purchased 2 shares of WL at $32.23 per share. Why not 3 shares? I forgot to fund my account and did not have enough. I will purchase 4 shares next week to complete the initial position.(image)

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Third WL Purchaseglsmyth

Thu, 21 Feb 2008 18:35:40 +0000

Purchased 3 shares of WL at $32.32 per share.(image)

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Second WL Purchaseglsmyth

Thu, 14 Feb 2008 15:23:12 +0000

Purchased 3 shares of WL at $33.07 per share.(image)

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First WL Purchaseglsmyth

Thu, 07 Feb 2008 15:15:10 +0000

Purchased 3 shares of WL at $32.69. Check the progress of the portfolio via the “The Prudent Investor Portfolio” link on the left.(image)

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A Decisionglsmyth

Wed, 06 Feb 2008 12:26:35 +0000

Looking at the three final companies in contention – Associated Banc-Corp (Nasdaq: ASBC), Wilmington Trust Corporation (NYSE: WL), and BB&T Corp. (NYSE: BBT) – shows a number of similarities.   PE P/S Yield Market Cap BBT 12.93 3.76 4.33 3.66B ASBC 13.32 3.19 3.85 2.37B WL 11.60 3.20 4.97 20.02B The only thing that sticks […](image)

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Cutting Some Financial Institutionsglsmyth

Mon, 04 Feb 2008 19:03:07 +0000

When I started putting this together my intention was to look through the financials and determine which financial company might be the best performer. That’s the typical way I go about things, but I decided to do things a little differently in this situation. Problems with the economy started with the whole subprime mess, and […](image)

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Initial Cutsglsmyth

Fri, 01 Feb 2008 19:42:36 +0000

When I look at the list of companies in the consideration list, I see some that I know will not make the cut for me, so I guess it makes sense to knock them out initially.  Although the cash (dividend) element is key, I am hoping to find a company that will do well going […](image)

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The U.S. Dividend Championsglsmyth

Wed, 16 Jan 2008 21:13:24 +0000

I spoke with some people towards the end of last year and made the case that 2008 would be a down year for the market. There is no need to go into the reasons here, but the important thing is that this portfolio needs to have a little protection in the form of dividends. Dividends […](image)

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January Purchaseglsmyth

Mon, 07 Jan 2008 17:54:14 +0000

As we start the new year it’s time to look back at our purchases and sales to see what worked and what didn’t.  This should apply to all portfolios, and the balance within the portfolios should be examined to make sure that they are proper. Additionally, plans should be made for the coming year, and […](image)

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December Purchaseglsmyth

Fri, 07 Dec 2007 18:11:53 +0000

I would like to get both Chattem and Corn Products up to the level of SJW Corp. so this month I decided to select between the two of them for the purchase. Both companies have taken a tumble and both are recovering their losses, but I chose to purchase Corn Products because they had fallen […](image)

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November Purchaseglsmyth

Wed, 07 Nov 2007 18:04:18 +0000

A few days ago the shares of CPO dropped dramatically – about 13% – because they missed earnings projections. I would have purchased more shares because this is an excellent company and this is a long term portfolio. However, I make my purchase on the 7th of each month, and as it turned out, the […](image)

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October Purchaseglsmyth

Thu, 11 Oct 2007 17:16:52 +0000

I have had computer problems for the past two weeks, something that has been driving me crazy (after all, I have four personal websites and two podcasts).  For that reason I was not able to make my purchase earlier in the week.  Sometimes one gets lucky in that way.  I finally had a chance to […](image)

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August Purchaseglsmyth

Wed, 08 Aug 2007 16:55:05 +0000

I purchased three shares of SJW at $30.64 yesterday.  I decided to put all of the money into SJW because of the drop it had seen, but I am at the point now where it represents half of the portfolio, so future money will need to be spread out. I am currently on vacation and […](image)

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July Updateglsmyth

Mon, 09 Jul 2007 14:50:37 +0000

I made three purchases this morning. CHTT    1 @ $65.88 = $65.88 CPO    1 @ $44.42 = $44.42 SJW    2 @ $33.01 = $66.02 My original intention was to place $100 into purchases each month, but I did want to build my position in Chattem. SJW Corp. has recovered somewhat from its nasty drop, and […](image)

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Purchase: Chattem, Inc.glsmyth

Wed, 27 Jun 2007 17:50:39 +0000

When I make changes to the portfolio I will give an explanation of those changes here. Today I purchased Chattem, Inc. (NASDAQ: CHTT).  As always when I make an initial purchase, I keep it to around $500, and in this case the purchase was 8 shares at $62 per share.  I do not think that […](image)

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Portfolio Updateglsmyth

Fri, 08 Jun 2007 17:52:52 +0000

There aren’t many people reading this blog, so I am going to go ahead and end it – somewhat.  I think that instead of writing a couple fo times a week, I’ll make things very occasional, mostly updating the portfolio, which I will continue to maintain. As for maintaining the portfolio, yesterday I purchased 1 […](image)

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