My 2016 Challenge

[muss1]

Article on Farm Pride Foods:
http://www.thestockpickerau.com/sing...esting-in-Eggs

[JBmurc]

Brilliant work on the webpage muss1 very professential ...wish I had the skills .....

hope your joining the 2017 ASX comp ... cut off date 15th ... also if you want to be in to win the major prizes a small donation $5 min into the account number I provided on the thread .. think i got lucky this year on the last trading day saving me

[muss1]

Cheers JB.

I have entered my picks for 2017, hopefully do better than 2016... will make a donation once I'm back from holiday. Well done on the win

[muss1]

Part two of my Afterpay/Touchcorp article published today:
http://www.thestockpickerau.com/sing...The-Conclusion

Also, for those of you Facebookers I've created a page where updates will be posted - please follow it if you are that way inclined - it'd be much appreciated!
https://www.facebook.com/thestockpickerau/

[Joshuatree]

So what was your 2016 return muss, how did it go?

[muss1]

The official end date (1 year) is Jan 29 so I'll do the tally then. The answer is poorly though!

It's been a worthwhile exercise though and hopefully I've created something useful going forward with the new website

[muss1]

Joshuatree I put you wrong - the start date was 22 January 2016.

Therefore, here is the final tally: my total return for the year for the portfolio was -9.5%.

I am pleasantly surprised by this given I took two pretty big hits on PRO and MBE. I still hold these company and like their prospects going forward.

I like the current portfolio still and would buy most stocks at current valuations. So could be interesting seeing how this year goes. I will keep the same portfolio and post updates from time to time.

I've now turned this project into something long term by starting The Stock Picker. I hope you will continue to follow my updates on there. Please like the page on Facebook if you are interested and you'll get all the updates: https://www.facebook.com/thestockpickerau/

If you aren't on Facebook you can access the website directly: www.thestockpickerau.com and subscribe to receive email updates if you like.

As an added incentive I've started a competition for February. Pick the best performing stock over earnings season and win $100. Follow the link and rules here: https://www.facebook.com/thestockpic...85124274665592

If that link doesn't work you can find it pretty easily on the Facebook page. I'd really appreciate your support as it is tricky to grow a network.

Anyway, thank you all for following and good luck for 2017 and beyond!