**Since this post is getting a lot of visits this morning, I wanted to share with you my most recent investing website: What is Dividend – Dividend Investing Made Easy. You will all the information you need to start your investing journey with dividend stocks. The site is almost finished but I wanted to start sharing what has been done so far (more info on dividend calculators and dividend investing strategy to be added in April**
It’s already been 3 months since I picked my 4 best stock picks for 2011. The rules were simple, each blogger makes 4 stock picks (on the American or Canadian stock market) and we hold them until December 31st. On this blog, I have decided to add a little challenge asking readers to beat our stock picks. Therefore, you will find not only the bloggers’ rankings but our readers’ rankings as well (this should be more than enough to give you some trading ideas ). Here we go with my 2011 stock picks:
HUZ – So far So Good!
I decided to bet on Silver for my first pick as I wanted to play on the difference between the price of gold and the price of silver. I am not a big fan of commodities in my investment portfolio. However, when it comes down to a stock picking competition, commodities can push your overall return to a whole new level… this is exactly what HUZ is doing right now
RIM – I just can’t let it go!
I currently hold RIM in my retirement investment account and I still think it’s a good stock. I was obviously wrong last year yet I still have faith in this “falling knife”. I was actually right until March when things went sour. The playbook is taking its sweet time to arrive in stores and their latest quarter was quite disappointing. I still have hopes for RIM as it doesn’t need much to get back on its feet. We have seen what kind of progress this stock can have within 12 months in the past. Some analysts still see it over $75 by the end of the year…
CVX – Commodities are definitely good for me!
Instead of making a play on oil, I decided to pick a great dividend payer and oil company; Chevron. This stock is definitely on a great up trend (thx to the rising price of oil!). I think this will be a great stock to hold throughout the year (I do have it in my personal portfolio as well).
POT – Waiting for the volcano to burst!
When I picked Potash, I thought that this would be the joker. I am expecting rumors of a possible merger or acquisition in 2011. Several companies have their eyes on Potash and the simple rumors should be enough to push the stock to a higher level. In the meantime, the stock doesn’t hurt my return so it’s all good .
So with a total yield of 12.41%, I rank #1 YEAH BABY!. Let’s take a look at where are the others (you can click on their name to get their latest update on their stock picks):
|The Financial Blogger||12.41%|
|Million Dollar Journey||12.16%|
|My Traders Journal||11.77%|
|Where Does All My Money Go||5.13%|
|Beating the Index||3.08%|
|Dividend Growth Investor||1.43%|
|Money Smarts Blog||-1.17%|
And now who’s the best performing reader so far?
Jaymus (RealizedReturns) -2.03%
Passive Income Earner 3.95%
Steve Zussino 7.84%
Stock Glory -29.04%
Financial Uproar -23.08%
Financial Cents 6.94%
Robert @ The College Investor 8.70%
101 Centavos -9.09%
Kevin @ Thousandaire.com 2.89%
Congrats to all participant! JT is the leader for now!
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