I will be expanding the topics of my MFI Diary going forward in line with the fact that I have pulled back from the MFI investing approach. I will continue to create tracking portfolios, my mechanical portfolios and the top 200... I view myself as the unoffical scorekeeper of Magic Formula Investing.
But on the personal side, I will layout my new investing approach which is primarily dividend stocks with reinvesting of dividends. There will be some familiar names to MFI followers in my Dividend portfolio... but I also have some closed end funds, bond funds, financials, utilities and insurers.
People should always keep in mind that I am just an investor with the same emotions and needs of anyone else. The only difference is that I'll be discussing what I am doing in my blog. In no way whatsoever should what I say be construed as any form of investment or tax advice. I am not qualified and everyone should do their own due diligence.
Onwards after this terrible day... I did sell my APPL from MFI yesterday at almost the all-time high of $419.