Welcome to the Motley Fool Shop at FoolMart Daily Dow

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

This Feature

Related Items

BTD 10
As Of 10/01/96

#1
International Paper
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:IP)") else Response.Write("(NYSE:IP)") end if %>

#2
General Motors
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:GM)") else Response.Write("(NYSE:GM)") end if %>

#3
ATT
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:T)") else Response.Write("(NYSE:T)") end if %>

#4
Chevron Corp
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:CHV)") else Response.Write("(NYSE:CHV)") end if %>

#5
Minnesota Mining & Mfg
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MMM)") else Response.Write("(NYSE:MMM)") end if %>

#6
Exxon
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:XON)") else Response.Write("(NYSE:XON)") end if %>

#7
J.P. Morgan
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:JPM)") else Response.Write("(NYSE:JPM)") end if %>
#8
Du Pont de Nemours & Co.
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:DD)") else Response.Write("(NYSE:DD)") end if %>

#9
Philip Morris
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:MO)") else Response.Write("(NYSE:MO)") end if %>

#10
Texaco
<% if gsSubBrand = "aolsnapshot" then Response.Write("(NYSE:TX)") else Response.Write("(NYSE:TX)") end if %>

***NOTE: FOOLISH FOUR STOCKS ARE ITALICISED

The Daily Dow
Tuesday, October 1, 1996
by Vince Hanks (MF Elwood)

NORTHVILLE, MI, October 1, 1996 --

There is more to life than increasing its speed.

--Mahatma Gandhi

As I step in to guest-write today's portfolio recap, I'm reminded of the simple beauty of the Dow dividend approach. A seed, if you will, planted today and watered not daily, not monthly, nor even quarterly, but once yearly, over the years (barring a major disaster) will grow into a healthy, sturdy sequoia. Patience and passivity are rewarded over anxiety and attentiveness. Daily or weekly investment worries are forgone in favor of quality family time or life's simple pleasures. The true value is measured in time not spent on your portfolio. One day of trading yearly --- Average annual returns of 22%. How very, very Foolish.

The Foolish Four ended this first day of October rather flatly. A gain of .25% landed us in a tie with the S&P 500, while the DJIA lead the day by posting 0.39%. While we moved ahead today, we'll call it a wash considering the virtual tie with the other indices.

DuPont (DD) lead today's charge rushing forward 1 1/2. Today, our company announced plans to invest $1.5 billion in the Asia-Pacific region over the next five years. John Krol, DuPont's president and chief executive officer, told Singapore reporters on Monday the money would be invested in projects in China, India, Malaysia, Indonesia and Singapore. Krol said the Asia-Pacific region was DuPont's fastest growing market with sales growth of 20 percent annually. Total sales in the region reached US $3.5 billion last year.

Offsetting that progress was Kodak's (EK) decline of 1 on no major news. The further battle to sway the port one way or the other ended in a bitter stalemate as Chevron's (CHV) advance of 3/8 was matched blow by blow by Minnesota Mining's (MMM) retreat of the same margin. Like Switzerland, Imation (IMN) remained neutral. We'll talk more about Imation tomorrow.

Not a stimulating day in the life of the Foolish Four, but that's pretty much what we expect; Inching our way forward to market doubling returns without the concern of day-to-day movements. No hurry here.

MF Elwood

Transmitted: 10/1/96


Today's Dow Numbers 
      THE FOOLISH FOUR MODEL (10/01/96)  

         Day   Week  Quarter  Year  History
Fool-4  0.25%  1.64%  6.75%  20.68%  20.68%
DJIA    0.39%  0.28%  4.43%  15.39%  15.39%
S&P 500 0.25%  0.30%  2.75%  11.87%  11.87%
NASDAQ -0.44%  0.15%  3.08%  16.10%  16.10%


Bought  #    Stock    In At   Now   Change

1/2/96  142  DuPont   69.88  89.63  28.26%
1/2/96  380  Chevron  52.38  63.00  20.29%
1/2/96  148  E. Kodak 67.00  77.50  15.67%
1/2/96  149  3M       63.76  69.38   8.81%
7/16/96  14  Imation  26.16  24.50  -6.34%

Bought  #    Stock       Cost       Value     Change

1/2/96  142  DuPont   $9,922.25  $12,726.75  $2,804.50 
1/2/96  380  Chevron $19,902.50  $23,940.00  $4,037.50 
1/2/96  148  E. Kodak $9,916.00  $11,470.00  $1,554.00 
1/2/96  149  3M       $9,500.09  $10,336.88    $836.78 
7/16/96  14  Imation    $366.21     $343.00    $(23.21)

      CASH     $1,524.50   
      TOTAL   $60,341.13   



Transmitted: 10/1/96

      
      

      
      

       

<% end if end function %>
  home  | news  | specials  | strategies  | personal finance  | school  | help  

<% if request.querystring("source") = "yhoolnk" then referer = Request.ServerVariables("HTTP_REFERER") if referer = "" then referer = "http://finance.yahoo.com/" response.write "

<< Back to Yahoo!

" end if %> <% function YahooWelcome if gsCookieUsername = "" and request.querystring("source") = "yhoolnk" then %>

Welcome, Fool!
Be a Fool and get free, unlimited access to our site.

What we offer:
 • Take a tour
 • Daily News
 • Talk Stocks

© Copyright 1995-2000, The Motley Fool. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of The Motley Fool. The Motley Fool is a registered trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us