Expected Returns, February 2010 -- Manifest Investing

Whether you're an individual or group combatant, we can't think of a Community of long-term investors that we'd rather band together with.

Whether you're an individual or group combatant, we can't think of a Community of long-term investors that we'd rather band together with.

MDT is a bastion of earnings consistency, featured in July 2006 but "sold" from the tracking portfolio in January 2008..

WMW's holdings include equal weightings of the 20 best values of all stocks that Morningstar determines have wide-moats.

With MIPAR hovering near single digits, we believe that shopping among the higher quality is not only in order, it's fairly prudent.

Add Medtronic and Microsoft.

Quality Legend:
Blue	Excellent with quality greater than 80.
Green	Good with quality between 60 and 80.
Neutral	Average or below average with quality between 20 and 60.
Red	Poor with quality less than 20.
Companies with less than 10 years of history are penalized by 5 points per year.
PAR Legend:
Green	PAR is within the target range of MIPAR +5-10%, currently 5.1%-10.1%
Yellow	PAR is above the target range of MIPAR +10%, currently 10.1%
PAR	Projected Annual Return
MIPAR	The Manifest Investing Median PAR of all stocks in the database.
Company Name Legend:
*	Not covered by Value Line Standard Edition.
b	Uses price-to-book value for valuation purposes.
P/CF	Uses price-to-cash flow for valuation.