Mostly this blog will be made up of me ranting about something I heard on the radio, TV, or in a newspaper. Every now and again I will let you know what I’m buying as an investment.
Here are my favorite holdings for 2011 and beyond. I have recommended these companies in one form or another for the past two years. Just like Cramer on TV I declare part ownership in all of the following lol, but on a slightly smaller scale than the Big C.
1. Ford Motor company (F) – they may post their best results ever in 2011
2. Hanson Natural Corp (HANS) – Energy drinks are in, takeover likely!
3. Minera Andes Inc (MNEAF) – OTC Stock with massive upside
4. SunPower Corporation (SPWRA) – Tax incentives along with a better economy gets them back to early levels.
5. Continue to buy physical gold / silver throughout the year (I do this with American half dollars pre63 and gold sovereigns (coins have a triple play working for you)
6. Paterson Energy (PTEN) – Energy play and a personal favorite
7. Excel Maritime Carriers (EXM) – disappointing to date but still a favorite
8. Goldman Sachs Group – (THE) – Only one who did OK the past few years
9. EBAY Inc. – (EBAY) – not going anywhere
Just for fun I’m going to start a paper portfolio on my blog. This will enable me to track, brag, crawl under a rock, or laugh in the years to come. This has to be done with a few key assumptions:
- I’m not asking you to buy this stuff
- If you do buy any of this stuff you already have 10k in the bank as an emergency fund, a good retirement plan, monthly cash to spare, and you don’t know where I live J
- You understand some basic finance especially portfolio diversification
- You know that this is my opinion and I am not a financial advisor
Let’s set sale with my paper portfolio. I’m going to buy $2000.00 worth of F, HANS, MNEAF, SPWRA, PTEN, EXM, GS, EBAY and physical Gold / Silver for a total of $20 K. I’m going to benchmark it against the Dow. I will add at least eight more companies by yearend with the same initial investment.
I’ll track it in my online Ameritrade account and publish regular updates.
Here is our starting point as of Dec 19th 2010:
Ticker | Shares | Purchase price | Purchase Value |
F | 119.19 | $16.78 | $2,000.00 |
HANS | 37.94 | $52.72 | $2,000.00 |
MNEAF | 689.66 | $2.90 | $2,000.00 |
SPWRA | 146.52 | $13.65 | $2,000.00 |
PTEN | 93.63 | $21.36 | $2,000.00 |
EXM | 359.71 | $5.56 | $2,000.00 |
GS | 12.19 | $164.04 | $2,000.00 |
EBAY | 67.07 | $29.82 | $2,000.00 |
GOLD | 1.46 Ounces | $1,374.34 | $2,000.00 |
SILVER | 68.61 Ounces | $29.15 | $2,000.00 |
$20,000.00 |
Time to Chug!!
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