greg
Thinks s/he gets paid by the post
- Joined
- Jun 1, 2005
- Messages
- 1,071
While listening to NPR yesterday, I thought it would be nice to have our own small stock picking [-]thread[/-] club right here in FIRE-land. It would be fun to observe people's thinkin processes and perhaps learn things too, and after a bit of time it would be interesting to find out if, collectively, we are smarter than the S&P 500 or some facsimile, hold ourselves up to the world as a gestalt of stock pickin prodigies. It would require a mildly higher skill set than just picking individual stocks in isolation as we attempt to add balance and complementing features--whatever those are--to the smallish portfolio.
So to keep it simple: ten large cap stocks at 10K hypothetical dollars each=$100k total, folks volunteer their picks, we argue a bit about the choices and or alternatives and then vote each one up and down. We sell or vote to sell whenever someone makes the suggestion. As simple and straightforward as possible; majority rules. If that works, we maybe move on to ten small-caps. Someone could set up an MSN or Yahoo portfolio sight where we could each go to examine our hypothetical progress. Someone who has actually done this before should run it? I'm at the end of my ability right here.
So as a first order of business, can we let the ladies join too, please?
Second order of business, I still like GE as a base and stable holding and as dividend payer.
So to keep it simple: ten large cap stocks at 10K hypothetical dollars each=$100k total, folks volunteer their picks, we argue a bit about the choices and or alternatives and then vote each one up and down. We sell or vote to sell whenever someone makes the suggestion. As simple and straightforward as possible; majority rules. If that works, we maybe move on to ten small-caps. Someone could set up an MSN or Yahoo portfolio sight where we could each go to examine our hypothetical progress. Someone who has actually done this before should run it? I'm at the end of my ability right here.
So as a first order of business, can we let the ladies join too, please?
Second order of business, I still like GE as a base and stable holding and as dividend payer.