Our Winter Portfolios: Still profitable and beating the benchmark
February is typically a good month for stocks – the four-best month of the year, according to the Stock Market Almanac – so a 3.8% decline this time was a shock. However, our pair of winter portfolios not only remain in the money, but are also thrashing the benchmark index. Add in dividends earned, and the margin of outperformance is greater still.
…Stephen Eckett started his career with Baring Securities and then later worked for Bankers Trust and SG Warburg, during which time he worked in London, Hong Kong and Tokyo. After settling in France, he co-founded Harriman House which has become a leading independent publisher of financial books in the UK. He also writes books on finance including, most recently, the Harriman Stock Market Almanac.
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