Principle and Algorithmic Checksheet for Buying Any Stock

in money •  7 years ago  (edited)

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Principle and Algorithmic Check sheet
Stock of Purchase:
Type of stock and holding category: ie. Growth stock, TFSA.
Exchange:
Date:
Purchase Price:
Amount of Stocks:
Total Principle Invested:
P/E:
Dividend:
52 Wk high:
52 Wk low:
% of holding in its category in your portfolio: ie. 40% of my Growth portfolio.
Target Price (and issuing company providing the price):

Main reason for investment choice and why is supplements your portfolio ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
Dividend Record:
Current Dividend Trailing Yield
Past Dividends: (Upward Trend/Neutral/Down)
Forward looking (Upward/Neutral/Down)
History of Dividend cut?
How long have they paid dividends
Payment distribution period:

How much will the Annual Dividend payout be for the current Principle invested: ______
Dividend Reinvested and compounded over 5 years will be: ________ 10 years:_______

Warren Buffet’s Company Moat Test:
Does the company have a wide “moat” (like castles, some companies can easily be stormed by marauding competitors, while others are impregnable). Several forces can widen a company’s moat:
o Strong brand Identity?
o Monopoly or near-monopoly of the market?
o Ability to produce huge amounts of products/goods affordably?
o Does it have a unique intangible asset or feature to the product/company?
o Resistance to Substitution? Look into 2-3 close competitors annual reports
o Proven track record of rejuvenating its business with new ideas & equipment?
o Top Competitors in the industry: ___________________________________

Emotional Investment Test:
 Is this a company you would be able to put your money into, not knowing the stock price for months on end and feel comfortable?
 Would you be okay if you bought at this current price and for the next few months it dropped below? If so, will it have a rebound?
 From a technical analysis standpoint, is this company strong and will you stick with it despite reading doom and gloom articles in the news that will dampen the stocks growth for the short term run?
 Is this an impulse purchase?
 Will you hold this stock long term (years) without wishing you had used that money to invest in a different stock?
 If there is an economic crash, will this company survive and thrive long term?

Risk Scale:
1--------------------------------------------------3-----------------------------------------------------5
1 being Safe Haven - 3 being Risk/Growth Balance - 5 being Speculative

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