For whatever reason, I pick poor stocks in May. Last year was no exception. My five picks in my MFI select tranche are in the green, but not by much.
The albatross has been two stinker picks, CAAP and FTSI. They are both down more than 30%. Of course, they also illustrate that timing is everything. If I had bought them December 31st, they'd by +17% and +50%.
This table shows my current MFI Select stocks and how they have done in 2019 (excluding new picks on 2/1).
Here are the 5 picks hitting anniversary:
|5/2/2018||Start||Current||Dividend||Pct Gain||R3K Gain|
If I had bought these 5 names on 12/31, I'd be up 33%+. Timing is everything my friend.
AS I ratchet up MFI exposure, I will be adding almost a 50% increase in May. THis sounds like a lot (and it is) but frankly just gets May back to where some of the other tranches are as May has been so mediocre:
|MFI Overall Gain||162.2%||355.1%||161.9%||39.0%||179.5%|
|R3K Overall Gain||133.3%||139.2%||113.9%||99.8%||121.6%|
This table really highlights the May Tranche under performance. Up only 39% since May 2013, an annualized IRR of 5.7%. The other three quarterly tranches are averaging 19.6% per year. That is a huge differential over 6+ years.
Here are stocks I am considering (I will pick 7):