I'm happy with the performance so far, and I hope the overlay "hedging" strategy helps you sleep better at night. Let me know, after the fact, since we've had the last couple months have been down months, if the strategy benefited you at any level. Let me know your feedback.
So far, we've been able to maintain the profits, while the market has been going down.
Another short stat for the portfolio is:
- Market return Year-to-Date: -7.35%
- LMP return Year-to-Date: +7.8%
In my opinion for such a low transaction portfolio this is a huge over performance, we are not trading, our stocks have been held around 12-13 months ! I'm happy with this...
I wish big returns for all of us in the coming years...
And to all Americans out there reading myBullmarket, I wish you a happy 4th of July !!
