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.
Anthony,
Excellent info! Did you ever think about trying this method using the IBD Sector leaders screen? I think you might get a bigger pop. I may try your IBD top 10 (or sector leaders)
Jim Patterson, VV and IBD user.
Jim, thanks.
I set this portfolio up to work on the KISS principal. I have found that making this just pure rules-based works best. Let us know how it works out if you run the sector leaders screen.