Taking Out the Trash

Rather than update the Trash Truck portfolio as I have been trying to do near the beginning of each month, I'm going to make it simple: After only one quarter in play, I am taking this one off the table. Ironically, I am not closing down the positions due to underperformance, but rather to a much stronger-than-expected performance.

The equally weighted portfolio, excluding dividends, is up a bit more than 17% vs. the SPDR S&P 500 (SPY), which has gained about 9.5% in the same time frame. This was a much higher risk portfolio, so I expected to see outperformance if the market was strong. Still, I have concerns with the overall market at this point; therefore, it makes sense to lock in some very attractive gains after just one quarter of existence....194 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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