A proven strategy for investors who think it’s a win to lose less in down markets
The plight of today’s cautious investor is on sad display in the performance of the Two-Minute Portfolio in 2024.
The Globe and Mail’s 2MP is a continuing experiment in simple stock-picking where you invest equal amounts in the two largest dividend payers in each of the 11 sectors in the S&P/TSX Composite Index, as measured by market capitalization. The 2MP is all stocks, so it’s in no way a “safe” strategy. But it has a proven history of losing less in down years than the S&P/TSX Composite Index.
In years when the index is hot, the 2MP sometimes get smoked. Such is the case for 2024 – the 2MP produced a total return of 11.1 per cent, while the S&P/TSX Composite Index made 21.7 per cent. These numbers were supplied by…
