White Trash Portfolio Update

As the Dow soars to record levels, remember that a rising tide floats all crackers: the White Trash and Minor Vices Portfolio is now up 2.5% since inception.

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

• DIA, an ETF which tracks the Dow Jones Industrial Average, is up 3.5%
• SPY, an ETF which tracks the S&P 500, is up 3.2%.
• VTI, an ETF which tracks the performance of the broad US stock market as a whole, is up 3%
• IYC, an ETF which tracks the Dow Jones Consumer Cyclical index, is up 2.3%.