Learn the Discipline

Week Six Summary: Approximately $30,000 of the $152,000 model portfolio is currently invested. After six weeks the portfolio is down approximately 1% compared with the SPX which is down over 8% in the same time period. As we stated six weeks ago, the model portfolio is essentially a stock only portfolio at this time and intended to be primarily an intermediate term strategy. There is a difference between making individual trades and managing a portfolio and our objective is to reinforce some portfolio concepts that will make large differences over time. As we get a valid sample size of trades we will become more explicit in our explanations. So stay tuned and you will become plesantly surprised over the next few months as the portfolio unfolds.