Investing is for the long term. Wealth is built not from short-term trades, but from following sound strategies and keeping costs low over a lifetime of investing.
That said, it is important that we keep score. It is also interesting to see what short-term trends are developing in the market, and how both our mechanical and business ratings are performing against the S&P 500 (the SPY ETF, for our purposes).
With March 2018 now at a close, let’s take a look at how our tracking portfolios performed for the month.
Tracking Portfolio Movement In March
Here are how all of the mechanical strategies did last month:
And a breakdown of how the stocks underlying the different business model diligence categories did:
Thoughts and Conclusions
Three brief thoughts about March’s performance: