Dividend Growth Portfolio Review: Sherwin Williams Is Out

The Dividend Growth Portfolio is a public “demonstration” portfolio to illustrate the practical application of principles that I use in dividend-growth investing. The portfolio contains real money and actual stock holdings. I publicly report on its results. That allows interested persons to see successes and mistakes, and to form judgments on whether the principles make sense and work in the real world. These articles let people comment on what they think about the principles, suggest improvements, and consider how my decision-making compares to what they would do.I advocate semi-annual formal Portfolio Reviews. The reason is to establish a disciplined schedule of examining the portfolio, thinking about each stock, and taking appropriate actions. Formal portfolio reviews, along with paying attention to news about your companies on an ongoing basis, combine to create a buy-and-monitor habit that helps avoid the pitfalls of a more passive buy-and-forget approach.All that said, this... Read more