03/09/98 - Buy Announcement
GM Buy Stats
On March 12, 1998, the Rule Maker Portfolio made its sixth through ninth purchases by bellying up to the bar to buy its Foolish Four stocks. The Fool Four and its variations are market-beating methodical approaches that have investors buying the highest-yielding, lowest-priced Dow Jones Industrial stocks and holding them for 18 months before switching again to the new highest-yielding Dow stocks.
The Rule Maker Portfolio used the RP variation of the Foolish Four approach. The stocks bought were Chevron (NYSE: CHV), Eastman Kodak (NYSE: EK), Exxon (NYSE: XON), and General Motors (NYSE: GM). Details on the purchases are below. Fool on!
ACTION # STOCK PRICE COMS'N TOTAL COST Bought 15 CHV $82 7/8 $7.95 $1,250.14 Bought 20 EK $62 3/4 $7.95 $1,261.95 Bought 20 XON $63 15/16 $7.95 $1,286.70 Bought 17 GM $71 15/16 $7.95 $1,230.89