A Good Time To Sell The Low-Quality Stocks That Slithered Into Your Portfolio

In 2009, the S&P 500 went up. In 2010, the S&P 500 went up. In 2011, the S&P 500 went up. In 2012, the S&P 500 went up. In 2013, the S&P 500 went up. So far in 2014, the S&P 500 has gone up. I have no idea what will happen the rest of this year, next year, or the year after that, other than to say this: It would be highly unusual for this string of consecutive up years to continue, and the consequence is this: A bunch of bull market years in a row can make it easy for some trash and junk—truly low-quality holdings—to work their way into your portfolio.

With the stock market up around 30% in 2013, and gains continuing into 2014, it can be easy for something to work its way into your portfolio that you would never want to own if something … Read the rest of this article!