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My Dare-to-Be-Dull Investing Strategy Pays Off

My Dare-to-Be-Dull Investing Strategy Pays Off

As I mentioned in past columns, when the market took a dive in February and March, I swooped in to buy shares of two of my favorite companies: Boeing (symbol BA, $358) and Costco (COST, $207). Those purchases used up almost all of my cash. I even sold an underperformer to free up more money to pour into Boeing. I’m glad I did.

Since I bought the shares, Costco’s price has risen 13.6%, and Boeing is up roughly 8.6%. That has helped the Practical Investing portfolio beat the market over the first six months of 2018. (Prices and returns are through June 15.)

While the Vanguard Total Stock Market Index ETF (VTI, $144)–the benchmark that I measure my portfolio against–is up 5.5% since the start of the year, my portfolio has jumped 10.6%. But I am still behind the index since I started almost seven years ago. The performance gap is narrowing, though. With the index gaining 145% to my 110%, I’m now a mere 35 percentage points behind. (Yes, that mere was facetious.)

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