Model Shadow Stock Portfolio: Up Modestly During an Atypical Year
After being in negative territory for a number of months, the Model Shadow Stock Portfolio showed a positive return year-to-date as of the end of November.
And after lagging for most of 2011, it finally passed the S&P 500 with a return of 1.5% compared to the S&P 500’s 0.9%, as measured by the Vanguard 500 Index fund (VFINX). Results for the past 19 years can be seen in Figure 1 and Table 2.
It is hard to get excited about such a small return, particularly in a pre-election year, when the average return on the S&P 500 index since the Great Depression has been 21.7%. But it looks like we may avoid a pre-election year negative return, a scenario that has not occurred since 1931.
...To continue reading this article you must be registered with AAII.
Already registered with AAII? Login to read the rest of this article.
to read this article and receive access to future AAII.com articles.