Steve Alexander

Using the Magic Formula With Dividend Stocks

Every time in the past someone has said "we're going through a fundamental change", they've been wrong. It was said during the tech boom. It was said in the late 80's when Japan was booming. It was said in the 70's after 7 years of stagflation. It was certainly said in the 1930's. And guess what? Value investing has always been a winner. Don't be fooled by the gushing talking heads. Buying cheap and selling dear will ALWAYS work.