Winning Value Portfolio Remains Ahead
At the beginning of this year, I unveiled what is now dubbed a Winning Value Portfolio for 2012 , which consists of 10 stocks making up an equally-weighted portfolio that I believed would outperform the S&P 500. As of the end of the second quarter, the last time I checked the performance standings, the portfolio was up 13.3% compared with an 8% return for the S&P 500.
Since then, I have waited to provide an update because I wanted the market to experience a pullback in order to see how the portfolio would hold up. After all, a rising market creates a nice tailwind for outperformance but it's against market declines that an investor earns his spurs. To be sure, these numbers only represent an 11-month holding period. While that's a reasonable amount of time to start judging performance numbers, this portfolio was created for a multi-year holding period....284 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
Already a Subscriber? Please login.