Question:
What annual performance did your portfolio have in the last 2-3 years and YTD? Is this a real portfolio that your members can follow or just a hypothetical? What is the minimum number of securities in your portfolio? BTW: great webite!
My Response:
Thx for the compliment! Yes, the model portfolio is a real portfolio, no hype here. You’ll see the great trades as well as the bad ones. For each trade I make in the portfolio I issue an alert within a couple minutes of the trade along with detailed notes, including the sell and updates during the holding period if warranted.
The performance from the beginning of tracking is up around 55% which is around triple the S&P 500. 2004 performance was up 32% vs. S&P500 up 9%. YTD I’m up 9% vs. 4% in the S&P, despite a difficult year. The portfolio took a hit in the first couple days this year, much of it on news of the Taser SEC investigation. The portfolio was actually down nearly 11% to start the year.. so the portfolio is up 20% since that time.
There will never be a minimum number of positions… I let the market dictate how many stocks I hold at a time and whether I’m primarily long or short. For example, I began to fill out the portfolio 100% on the long side towards the end of October and have been fully invested with 8-10 securities since. I remain that way for the most part now, but have put on one short trade to take advantage of any profit taking .. which hasn’t been much! What a year end rally! I will never be entirely in cash because I believe there are always opportunities to profit, both on the long and short side. Hope that answers your question.
The model portfolio is just one of many features of the premium service. I also offer a database of the fastest growing companies that I have built from the ground up, email alerts, custom screening, stock watch reports, personal support, ETF tracking, etc… Let me know if you have any further question. Happy Trading!