Kiplinger

How My Portfolio Performed in 2017

In a normal year, I'd practically break my arm patting myself on the back for earning a 19% return. But 2017 wasn't normal. The market ran so fast--the index I measure against gained 21%--that my relatively conservative portfolio couldn't keep up.

My rationale for skewing toward the safe side, particularly in the ninth year of a bull market, is that I'll minimize my losses when stocks in general turn

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