Patent ID: 6839685

Claim:
A computer-implemented method for creating a portfolio of equity stocks, comprising the steps of: determining the composition of a predetermined broadbased stock index by accessing a database and creating a list of the stocks making up said index; obtaining from said database for each stock in said index, data relating to at least earnings, dividend yield and the economic sector of the company issuing the stock; determining the composition of a narrower based stock index by accessing said database; creating an acceptable stock list by at least a) eliminating from said index list stocks having earnings below a predetermined earnings indicator, b) eliminating from said index list stocks which are part of said narrower based index, c) eliminating from said index list stocks which are in a predetermined economic sector, and d) placing the remaining stocks into a list of acceptable stocks; and sorting the acceptable list of stocks by dividend yield and placing into said portfolio, until a predetermined number of stocks are reached, a stock having the highest dividend yield of said remaining list, so long as the number of stocks in said portfolio from the same economic sector does not exceed a predetermined number.