The Buy List So Far

The year is now officially two-thirds over, so let’s look at how our Buy List is doing so far.

Our set-and-forget Buy List has outperformed the S&P 500 for the last five years in a row, but this year looks like it’s going to be a tough battle. I think it may come down to the last few days.

Through today, August 31st, our Buy List is up 10.92% (not including dividends). That’s a pretty decent return for eight months. The S&P 500 is up 11.85%, so we’re trailing the market by just 93 basis points. That’s very close.

My goal with the Buy List is to show investors that you can beat the market by using a conservative low-turnover (some might say lazy) strategy. It can be done and we’ve done it.

Our deficit is quite small and another week like last week could easily vault us ahead of the market. Best of all, we haven’t made one single change all year. Zero commissions. In fact, if JPM was back at $44 like it was pre-Whale, then we’d be ahead of the market. I’m confident we can regain the lead before the year is over.

Posted by on August 31st, 2012 at 10:48 pm

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.