OK - THE THREAD IS :"NEXT DECEMBER(2017), WHAT STOCK WILL I BE GLAD I BOUGHT NOW(DEC. 2016)?"
Only the first 10 responses will be considered. I'll note the current closing prices. And (god willing), I'll resurrect the thread next December - to see how we did!
I'll kick it off:
#1 -CGC
Next?
This is 'posed to be a "fun thread" - so let's have some fun.
I think 'twould be interesting to see various & sundry comments made over the next 50 weeks.
'course you could always request that the thread be locked - it's up to you.
ah well......what the hey...... let's keep it open
(side-note I put in a bid on a couple of these nags very late on Friday... but apparently didn't get in before the bell..)
^^^^
If you do really well, you might get to meet the Queen!
Templeton started his Wall Street career in 1938 and went on to create some of the world's largest and most successful international investment funds. He took the strategy of "buy low, sell high" to an extreme, picking nations, industries, and companies hitting rock-bottom, what he called "points of maximum pessimism." When war began in Europe in 1939, he borrowed money to buy 100 shares each in 104 companies selling at one dollar per share or less, including 34 companies that were in bankruptcy. Only four turned out to be worthless, and he turned large profits on the others.
I happened to like Harvest Brand hotdogs and thought a company that can produce edible wieners is going places and I want in...apparently others agree.
...ummmm... I think it started around Dec 19 /16?....
so....executive decision: Let's say cut-off date is CLOSE OF MARKETS TODAY - DEC. 22/17 ...There! Done!
Here's the performance at close of market today - up 18% for the year!
And that's without including Norsat's performance, since they were bought out and their value is showing as zero now. They were originally bought for $10.52 per share and sold for $14.47 per share which is a 37.6% increase. So if we include that back in it brings it up to over 20% for the year.
Best stock was Canopy (WEED) which was Jargey's pick, way to go Jargey!
Worst was CPG, sorry TK.61.
If you had actually invested in the Jargey portfolio I think you would have been happy. Maybe we should do it again this year!
thank you for doing that Ms Spudd!!
Winner! How 'bout that, eh?
wish that I HAD invested in WEED last year!
oh well, maybe the $$$ I put into bitcoin today will pay off..
I need some time to think...I'm pretty sure Premium Brands are going to hit $145 in 2018 but looks like we need a riskier small cap ...30% gain not enough. We should add that we need to own lets say a minimum of 10k of our pick...just so we don't get uninvestible crap on the chart? Would make the picks that much more relevant & thoughtful.
Ok put me down for Premium Brands again this year I've got over 50k in it. I really think this thing may be a takeover target and their brands resonate with the millennial crowd, who as we know, never save a dime & blow it all on overpriced food & drink.
This is an older thread, you may not receive a response, and could be reviving an old thread. Please consider creating a new thread.
Related Threads
?
?
?
?
?
Canadian Money Forum
684.7K posts
166.2K members
Since 2009
A forum community dedicated to Canadian personal finance enthusiasts. Come join the discussion about investing, stock portfolios, equities, frugality, real estate, market trading, taxation, retirement, and more!