AAII’s John Templeton
investment strategy shows average annual total returns into double digits over the last
10, 5, and 3 years and this year to date through April 30.
In a discussion of Templeton’s strategy, AAII describes it as comfort and safety-value investing. At
this writing, AAII identifies seven stocks that meet Templeton’s criteria, led
by WFC (Wells Fargo & Co.). It’s rated as a moderate buy by AAII.
My
five-year Yahoo chart shows lots of sideways movement by WFC, and that means
lots of whipsaws in pricing—more easily tolerated by buy-and-hold investors
than others.
My
three-month WFC chart indicates a possible recovery from a brief downdraft
in the stock’s price trend. So
does my
three-month VTI chart (a measure of the total stock market)
The current obstacle faced by investors is widespread fear of
another global bear market, apparently created by the widespread adoption
(outside the U.S.) of budget
cutting (by national governments) rather than pump priming (which leads to job
creation).
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