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Strategies & Market Trends : 1998 Magic 25
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To: Cornstock who wrote (73)12/13/1997 1:38:00 PM
From: Peter Longerich  Read Replies (2) of 116
 
Peg,

I don't think that the Magic 25 works the way you show in your spreadsheet. I believe that rather than purchasing an equal share amount (100 share in your spreadsheet) the Magic 25 is based on an equal dollar amount of each stock.

For example, if I had 100,000 to invest, they I would buy $4,000 of each Magic 25 company. (i.e. I would buy 400 shares of a company priced at $10 per share and 200 shares of a company priced at $20 per share.

Pete
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