White Trash update

The market has its ups and downs, but White Trash just keeps on gittin'-r-done.

Since its inception in March 2007, the White Trash Portfolio is up 11.1%.

To refresh your memory, last spring we set up a model portfolio of the following stocks, and have been tracking its performance against major indexes on a periodic basis:

• BFB - Brown-Forman Corp. Cl B
  
• BUD - Anheuser-Busch Cos. Inc.
  
• CHB - Champion Enterprises Inc.
  
• F - Ford Motor Co.
• GM - General Motors Corp.
  
• IGT - International Game Technology
  
• KO - Coca-Cola Co.
• KFT - Kraft Foods (not part of original portfolio; spun off by Altria, but it clearly still belongs)
  
• MCD - McDonald's Corp.
  
• MO - Altria Group Inc.
  
• WMT - Wal-Mart Stores Inc.

Over the same time period, exchange-traded funds (ETFs) tracking the major indexes performed as follows:

• DIA, which tracks the Dow Jones Industrial Average, is up 6.9%.
• SPY, which tracks the S&P 500, is up 3.2%.
• VTI, which tracks the performance of the broad US stock market as a whole, is also up 3.2%.
• IYC, which tracks the Dow Jones Consumer Cyclical index, is down 6.5%.