Today, September 15, 2008, represented just about a perfect day for buying new equity positons. I am going to present my 2009 portfolio, that will be tracked over the next 15.5 months between now and the end of 2009, in relation to the S&P500 index. My 2008 portfolio is still current, and will be evaluated at the end of 2008, so the start of this 2009 portfolio will overlap with the end of the 2008 portfolio. To assess my track record, my 2007 portfolio delivered a superb 13.3% return, relative to just 4.3% for the S&P500 over the same period.
For 2009, the portfolio is quite simple. I believe that small-cap value and financial stocks are at historically compelling valuations, and have no choice but to rise. A few major technology stocks are also at attractive valuations.
So the portfolio will be :
This captures the following trends from previous articles on The Futurist :
The Next Big Thing in Entertainment, Part I and Part 2
The Stock Market is Exponentially Accelerating too
I hereby sign and seal this portfolio, bought that the closing prices on September 15, 2008, to be evaluated on the last trading day before December 31, 2009.
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Posted by: Steve | September 27, 2008 at 12:39 PM
GK,
I am sure that by now you have noticed the market taking its hits. I am not saying that it is a crisis, because it really isn't yet, and yes I do believe it will recover.
I will add that I am remaining liquid as a fish for awhile, until I am sure I can get into a few positions at a better price. People like you and I know that the we can still make a profit on this, and are actually thrilled to see the market getting pummeled. It gives us the oppurtunity to either lower our price average, or just pick up good stocks for a highly discounted price. Then by the time people start seeing the recovery and start buying again, they will have missed the sweet spot. So I will remain liqiuid for probably at least another week or so. Once I buy what it is I have my eyes on, I will tell you what the position is, and then I will have a rec for you. That should still be enough time for you to get in with a 2K testline to check it out. My goal for the short term hold will be 250-350%.
Posted by: brokerdavelhr | October 09, 2008 at 12:27 AM
Where is your 2008 portfolio results?
Posted by: Matt | April 13, 2009 at 07:59 PM
Would be interested to know how this turned out, as we are coming to the end of 2010.
Posted by: Claudia Bradby | December 19, 2010 at 02:59 AM
Please contact me at [email protected].
Posted by: Ray Manta | September 10, 2017 at 12:57 PM