We have a new all-time high in our model portfolio! Remember, this model has ZERO money management. We just update positions roughly once a month.
We updated our portfolio using the latest IBD50 Top-10 list with pricing as at yesterday’s close 5/5/13. This is our monthly portfolio which is adjusted every month to include the top-10 stocks in the IBD50. The positions are updated as of 5/11/13.
Added: ARMH, LAD. ARMH cycles in and out of the portfolio. Notable to me is how much equity some of our holdings have built in a short time.
The portfolio is now over two years old. Not a bad increase at all, but how might money management have improved things? Please see our discussions in the general blog (Feb 2013) on these issues.