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	<title>The Prudent Investor</title>
	<link>http://prudentinvestor.wordpress.com</link>
	<description>Watching Investments Grow</description>
	<lastBuildDate>Sat, 31 Jan 2009 01:59:44 +0000</lastBuildDate>
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	<language>en</language>
	
	<item>
		<title>Prudent Investor Portfolio To Close</title>
		<description><![CDATA[Although I stopped writing for the blog, I continued making my purchases for the Prudent Investor Portfolio.  All purchases were made through Zecco.com because they offered free trades, and the purchases were based on this premise.
Alas, the promise of free purchases was too good, as I just received an email telling me that as of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=86&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2009/01/30/prudent-investor-portfolio-to-close/</link>
			</item>
	<item>
		<title>September Purchase</title>
		<description><![CDATA[I was on vacation in Scotland, so I could not make my regular purchase on the 7th of the month.
Purchased: WL 4 shares @$30.25
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=84&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/09/22/september-purchase/</link>
			</item>
	<item>
		<title>August Purchase</title>
		<description><![CDATA[I bought&#160;4&#160;WL@ $26.03
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=81&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/08/07/august-purchase-2/</link>
			</item>
	<item>
		<title>June and July Purchases</title>
		<description><![CDATA[I forgot to make an entry for last month, so here are the latest two purchases:
9 June &#8211; Purchased 2 shares of CHTT at $61.65
8 July &#8211; Purchased 4 shares of WL at $24.27
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=77&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/07/08/june-and-july-purchases/</link>
			</item>
	<item>
		<title>May Purchase</title>
		<description><![CDATA[I purchased 3 shares of WL at $33.20.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=75&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/05/09/may-purchase/</link>
			</item>
	<item>
		<title>April Purchase</title>
		<description><![CDATA[I purchased 3 shares of WL at $32.10.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=74&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/04/07/april-purchase/</link>
			</item>
	<item>
		<title>Fifth WL Purchase</title>
		<description><![CDATA[Last week I realized that I had not funded my account and only had enough money to purchase two shares of WL.  Today I saw that the account was funded, so I purchased four shares of WL at $29.61.  This completes the initial purchase of WL.  I will probably buy more over [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=73&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/03/07/fifth-wl-purchase/</link>
			</item>
	<item>
		<title>Fourth WL Purchase</title>
		<description><![CDATA[Purchased 2 shares of WL at $32.23 per share.  Why not 3 shares?  I forgot to fund my account and did not have enough. &#60;g&#62;  I will purchase 4 shares next week to complete the initial position.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=72&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/28/fourth-wl-purchase/</link>
			</item>
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		<title>Third WL Purchase</title>
		<description><![CDATA[Purchased 3 shares of WL at $32.32 per share.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=71&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/21/third-wl-purchase/</link>
			</item>
	<item>
		<title>Second WL Purchase</title>
		<description><![CDATA[Purchased 3 shares of WL at $33.07 per share.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=70&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/14/second-wl-purchase/</link>
			</item>
	<item>
		<title>First WL Purchase</title>
		<description><![CDATA[Purchased 3 shares of WL at $32.69.  Check the progress of the portfolio via the &#8220;The Prudent Investor Portfolio&#8221; link on the left.
       <img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=69&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/07/february-first-purchase/</link>
			</item>
	<item>
		<title>A Decision</title>
		<description><![CDATA[Looking at the three final companies in contention &#8211; Associated Banc-Corp (Nasdaq: ASBC), Wilmington Trust Corporation (NYSE: WL), and BB&#38;T Corp. (NYSE: BBT) &#8211; shows a number of similarities.


&#160;
PE
P/S
Yield
Market Cap


BBT
12.93
3.76
4.33
3.66B


ASBC
13.32
3.19
3.85
2.37B


WL
11.60
3.20
4.97
20.02B


The only thing that sticks out here is that Wilmington Trust has a much larger market capitalization than the other two.  However, a closer look [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=68&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/06/a-decision/</link>
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	<item>
		<title>Cutting Some Financial Institutions</title>
		<description><![CDATA[When I started putting this together my intention was to look through the financials and determine which financial company might be the best performer.  That&#8217;s the typical way I go about things, but I decided to do things a little differently in this situation.
Problems with the economy started with the whole subprime mess, and [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=67&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/04/cutting-some-financial-institutions/</link>
			</item>
	<item>
		<title>Initial Cuts</title>
		<description><![CDATA[When I look at the list of companies in the consideration list, I see some that I know will not make the cut for me, so I guess it makes sense to knock them out initially.  Although the cash (dividend) element is key, I am hoping to find a company that will do well going [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=66&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/02/01/initial-cuts/</link>
			</item>
	<item>
		<title>The U.S. Dividend Champions</title>
		<description><![CDATA[I spoke with some people towards the end of last year and made the case that 2008 would be a down year for the market.  There is no need to go into the reasons here, but the important thing is that this portfolio needs to have a little protection in the form of dividends. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=65&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/01/16/the-us-dividend-champions/</link>
			</item>
	<item>
		<title>January Purchase</title>
		<description><![CDATA[As we start the new year it&#8217;s time to look back at our purchases and sales to see what worked and what didn&#8217;t.  This should apply to all portfolios, and the balance within the portfolios should be examined to make sure that they are proper.
Additionally, plans should be made for the coming year, and my [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=64&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2008/01/07/january-purchase/</link>
			</item>
	<item>
		<title>December Purchase</title>
		<description><![CDATA[I would like to get both Chattem and Corn Products up to the level of SJW Corp. so this month I decided to select between the two of them for the purchase.  Both companies have taken a tumble and both are recovering their losses, but I chose to purchase Corn Products because they had [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=63&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/12/07/december-purchase/</link>
			</item>
	<item>
		<title>November Purchase</title>
		<description><![CDATA[A few days ago the shares of CPO dropped dramatically - about 13% &#8211; because they missed earnings projections.  I would have purchased more shares because this is an excellent company and this is a long term portfolio.  However, I make my purchase on the 7th of each month, and as it turned [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=62&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/11/07/november-purchase/</link>
			</item>
	<item>
		<title>October Purchase</title>
		<description><![CDATA[I have had computer problems for the past two weeks, something that has been driving me crazy (after all, I have four personal websites and two podcasts).  For that reason I was not able to make my purchase earlier in the week.  Sometimes one gets lucky in that way.  I finally had a chance to [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=61&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/10/11/october-purchase/</link>
			</item>
	<item>
		<title>August Purchase</title>
		<description><![CDATA[I purchased three shares of SJW at $30.64 yesterday.  I decided to put all of the money into SJW because of the drop it had seen, but I am at the point now where it represents half of the portfolio, so future money will need to be spread out.
I am currently on vacation and have [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=60&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/08/08/august-purchase/</link>
			</item>
	<item>
		<title>July Update</title>
		<description><![CDATA[I made three purchases this morning.
CHTT    1 @ $65.88 = $65.88
CPO    1 @ $44.42 = $44.42
SJW    2 @ $33.01 = $66.02
My original intention was to place $100 into purchases each month, but I did want to build my position in Chattem.
SJW Corp. has recovered somewhat from its nasty drop, and could certainly take another small [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=59&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/07/09/july-update/</link>
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	<item>
		<title>Purchase: Chattem, Inc.</title>
		<description><![CDATA[When I make changes to the portfolio I will give an explanation of those changes here.
Today I purchased Chattem, Inc. (NASDAQ: CHTT).  As always when I make an initial purchase, I keep it to around $500, and in this case the purchase was 8 shares at $62 per share.  I do not think that this [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=58&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/06/27/purchase-chattem-inc/</link>
			</item>
	<item>
		<title>Portfolio Update</title>
		<description><![CDATA[There aren&#8217;t many people reading this blog, so I am going to go ahead and end it &#8211; somewhat.  I think that instead of writing a couple fo times a week, I&#8217;ll make things very occasional, mostly updating the portfolio, which I will continue to maintain.
As for maintaining the portfolio, yesterday I purchased 1 share [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=57&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/06/08/portfolio-update/</link>
			</item>
	<item>
		<title>Thoughts On Selling, Part 2</title>
		<description><![CDATA[Last post I talked about how I do not believe in strict sell rules for positions as determined by the stock&#8217;s drop of a specific percentage.  I do, however, take note and take action.
The most important thing in this situation is to understand the reasoning behind the drop in price.  This has always [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=53&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/05/17/thoughts-on-selling-part-2/</link>
			</item>
	<item>
		<title>Thoughts On Selling, Part 1</title>
		<description><![CDATA[I remember reading a &#8220;rule&#8221; quite some time ago that when one has a loss of 10% then it is time to sell.  As far as I was concerned, this fell into the same category as other &#8220;rules,&#8221; such as to set a stop at 10% below the purchase price and never to buy high [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=prudentinvestor.wordpress.com&blog=647285&post=52&subd=prudentinvestor&ref=&feed=1" />]]></description>
		<link>http://prudentinvestor.wordpress.com/2007/05/15/thoughts-on-selling-part-1/</link>
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