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Magic Formula Investing Update

By JLP | July 9, 2007

As of this writing, the Magic Formula Investing Portfolio that I have been covering this year is up 26.18%*:

Magic Formula Investing Portfolio - July 2007 Update

According to the formula, I will make the fourth and final purchase today. So far this year, I have made three purchases of $2,500 each. This final purchase will be the last purchase until January 2008 at which time I will run the screen again and sell those stocks purchased in January of this year. The staggered purchases will make bookkeeping a little more tedious but it won’t be that bad.

Anyway, I’ll let you know which stocks were chosen in the last batch tomorrow. Stay tuned…

Other Magic Formula posts:

Magic Formula Portfolio May Update

Magic Fomula Portfolio April Update

A Look at Magic Formula Investing

Magic Formula – Portfolio Update

Magic Formula Investing Update – 2nd “Purchase”

*This is a hypothetical portfolio that started out with $10,000. The annual fee of $199 is the same regardless of portfolio size. However, since we are dealing with a relatively small account balance, the $199 fee is rather large fee on a percentage basis. That said, the YTD return on the portfolio net of fees is 23.52%.

Topics: Magic Formula Portfolio | 3 Comments »


3 Responses to “Magic Formula Investing Update”

  1. LegalTherapy Says:
    July 20th, 2007 at 3:52 pm

    Did you ever make your last hypothetical purchase in this portfolio?

  2. Magic Formula Portfolio Update—� AllFinancialMatters Says:
    October 5th, 2007 at 11:49 am

    […] Magic Formula Portfolio July Update […]

  3. Magic Formula Investing: Will It Work? - The Finance Buff Says:
    January 22nd, 2009 at 1:02 am

    […] at AllFinancialMatters.com started a simulation on Magic Formula Investing in January 2007. He got good results for the short 6-month period until the last update in early July. But note he is only doing it with […]

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