Model Stock Portfolio: Beating the Benchmark Is Nice, But a Loss Isn't
by James B. Cloonan
There has been little reprieve from the downward forces on the stock market.
The drop has not only been deep, but also wide. It seems every sector is being hurt, and most commodities are weaker as well.
I certainly don’t feel able to predict when the upturn will begin, or whether the recovery will be dramatic or very gradual. I do believe it will definitely come.
Year-to-date (February 28), the Model Shadow Stock Portfolio is outperforming the general stock market. The Model Portfolio is down 12.5%, compared to a loss of 18.2% for the benchmark S&P 500 fund (VFINX). While outperforming the benchmarks is nice, you can’t pay bills with it.
Historical performance records can be seen in Table 1 and Figure 1.
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