31 of 431 people survived
Yup, that pretty much summed up 2018! Nothing really changed since my article back in early November (See article here) except it got a little worse. 2018 was like a relationship that went sour and we are all now on the rebound, eager to attach to something that will boost our ego, any stock that will say yes, I am a capable and savvy investor! Inner reflection may be the best remedy to a prosperous 2019. Well that and having a long talk with your financial advisor to make sure your risk management plan is in check. In 2018, I read more #LoadUp posts than ever yet this is all I seen ...
Here are the most chosen companies in the contest (Notice $BOT at the bottom - aka $PLAY)
So with that said, let me again stress the importance of risk management and speaking with a financial advisor that can assist you in your decision making process.
Anyway ... moving on, not all was bad in 2018. Some people still ended in the green.
@Chainbreaker is the 2018 CEO.ca StockPickingContest winner with his Australian pick WFE that went from under half a cent to 2.5 cents.
StockPickingContest (3 picks) See Complete list here:
5% Percent of people made 10% or more on their portfolio 22/431 = 5%
7% Percent of people did not lose money (above zero) 31/431 = 7%
67% Percent of people did worse than the TSX-V (down -34.5%) 289/431 = 67%
88% Percent of people lost more than 10% of their portfolio 381/431 = 88%
Conclusion: Except for a few, we all suck.
Safest-2x-Bagger contest (3 picks) See complete list here:
Interesting fact: @DK won both the 2017 AND the 2018 Safest Stock Contests - he was not happy we did not do a 2019 version. Sorry my friend, you will just have to win the regular contest this year :)
7% Percent of people made 10% or more on their portfolio 16/224 = 7%
11% Percent of people did not lose money (above zero) 24/224 = 11%
56% Percent of people did worse than the TSX-V (down -34.5%) 125/224 = 56%
86% Percent of people lost more than 10% of their portfolio 193/224= 86%
Conclusion: There really is no such thing as a Safest-2xBagger unless your name is @DK
@fl and @TheGalvanizer are the winners of this contest with their Great Bear Resources pick. Well done gentlemen.
BonusPickShowDown (1 pick) See complete list here:
12% Percent of people made 10% or more on their portfolio 28/227 = 12%
18% Percent of people did not lose money (above zero) 40/227 = 18%
60% Percent of people did worse than the TSX-V (down -34.5%) 137/227 = 60%
78% Percent of people lost more than 10% of their portfolio 178/227 = 78%
Conclusion: Even your wild side sucks at picking stocks.
The winners will get a 2018 CEO.ca Mug that Eric Coffin will be helping us out with - Thanks Eric! I will let everyone know soon what the plan is.
I'm working on the 2019 contest now and have over 900 users this time so the stakes are even higher this year to become #1.
2017 Contest Winner: @Stocklor
2018 Contest Winner: @Chainbreaker
2019 Contest Winner: You?
Invest safely my friends, and remember this contest is just for fun. Don't take any of this stuff too seriously.
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