I think it is best to have a "conviction" portfolio, where you would not mind the market being closed for 2 years, rather than 2 days.!!!...lol.
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I think it is best to have a "conviction" portfolio, where you would not mind the market being closed for 2 years, rather than 2 days.!!!...lol.
Hi all...it looks like we have 182 entries, although still waiting on a couple of confirmations.
I did put the comp on a certain other forum also, and there was a desire to enter a "CASH" option (2 people did this from this forum, selecting all Cash).
It is a share picks comp though...although some would argue this may not be a bad strategy this coming year!
So what I'll do is show a "market" line (like I do with the NZX50), showing the impact of a cash return only, at the current BNZ term deposit rate of 3.4% per annum.
Hope this is okay.
Hi, is it possible to follow the competition if you have not entered? Just wondering if I can see what everyone has picked?
Pity you didn't enter. Nothing like having skin in the game.
SC will come up with a link at some stage and that will give you access.
This is last years one.
https://sites.google.com/view/sharet...ividual-result
Thanks SC for running the competition again.
SC, any update on when we will have this link for 2019?
Sorry for delay all.
Will get it up and running soon - certainly during this week.
I've been playing with a new website format to make it easier for everyone to see the results...but at the very least, will get the old format up and running so you can see who has picked what!
Bugger, i missed this while I was away :X
madmat, send me a quick entry...via private message.
Just to whet your appetite....
- a total of 110 shares have been picked - with 3 clear favourites!
- 195 entries (including 11 "trackers" - 8 brokers, NZX50, Cash and Sharetrader top 5)
Will get a link to opening prices soon...
if its not too late mine was a day late due to holiday thxsylvester sent via enquiry form
RIGHT!!
And we're off.
Please see attached the link below for this years competition: https://sites.google.com/view/nzsharepicks/home.
If I figure out a different way to do the website, it might change - but in the interests of speed thought that was worth publishing.
Note that only 7 entries came in after trading opening, which I think we can live with.
I say that because my first pick was PLX, but I made my entry in mid-December, just in case anyone is suspicious :).
Opening prices are also shown on the website - I am certain they are correct, but if anyone begs to differ then simply let me know.
This graph is on the website, but is worth reflecting on here - 50% of the picks are in the following 17 companies....
Attachment 10236
Looks great so far. Thank again for your time in doing this:)
Agreed.Looks really good.
And thanks too for organising and running the competition.
Wonderful seeing The Wellington Bowlers included....lol.
A BIG thanks to SCat for running this competition. Much appreciated.
This time of the year is a great time to reflect on the past and plan for the future. I've been entering in this comp for 5 years and have learned heaps.
2014
Placed 4th equal with 99.76% return.
2015
Placed 18th (shared with Xerof) with 54.24% return.
2016
Placed 195th with a -25.7% my first negative return was due to WYN which went insolvent during the year (fortunately I dropped WYN from my actual portfolio well before its demise.)
2017
Finished 37th (out of over 200 entries) with a 72.8% return.
2018
52nd with a 5.9% return.
Over this 5 years my actual share portfolio has performed ahead of my competition results primarily due to my being able to continually review and quit non performers during the year.
2019 is going to be very interesting! Good luck all.
Entry in there somewhere
Don’t enter as winner because too often in the past nasty horrible posters try to win arguments by saying ‘and by the way where are you placed in the competition you idiot’
Pleased with my third last year though ...improvement on my top 10 ranking in 2017