Down to the Wire…

There are just seven trading left in 2017. While this has been another good one for the Buy List, we’re running very, very close to the S&P 500.

I have a competitive streak in me that loves to beat the index, even if by a small amount. I suppose I should be happy with a big gain for the year.

Let’s see where we stand. Through Tuesday’s trading, our Buy List is up 20.71% for the year while the S&P 500 is up 19.77%.

But that doesn’t include dividends, and it’s the dividend-adjusted total that counts. Typically, our Buy List yields less than the S&P 500 (around 1% vs. 2%), but our dividends usually grow a little faster during the year.

Through Tuesday, our Buy List’s dividend-adjusted gain is 21.92%. That works out to a dividend yield of 1.00%.

Through Tuesday, the S&P 500’s dividend adjusted YTD gain is 22.13%. That’s a return to dividends of 1.97%.

So we’re trailing by 21 basis points with seven days to go! (By my estimate, Axalta not taking the deal at $37 cost the Buy List about 80 basis points.)

Posted by on December 19th, 2017 at 11:22 pm


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