All negotiations broke down in the FI Garage the other day. I had heard about a stock picking contest that is run by Paul over at
What did I pick anyway?
I have to admit I struggled a bit coming up with my selections. I was a week late to the party, so I missed on some of the initial gains in 2019. Another factor was that I didn’t want to copy my portfolio from the other participants. I mean, I read their blogs and find their analysis of stocks is pretty darn good. I, unfortunately, don’t do a lot of stock analysis!! Well, I do, but only for quality dividend paying equities that I plan to hold forever. Probably not the picks that will hit it out of the park on a one-year time frame. I’ll be looking to shuffle some positions around as the year goes on, and hopefully pick (or guess) at some good prospects. If nothing else this contest will probably serve as a good example of why the FI community at large believes that index funds are the most sensible way to invest for the long term. Well, let’s see if I can get lucky this year a trounce the Economist and the Accountant. I’m currently 13th place in the contest, which isn’t last! Here’s a list of my existing holdings…
What do you think readers? I’ll take all the help I can get.