Can we do a yearly Stock Tipping comp for FY07?

[Realist]

Seeing as though Financial year end is about to hit. How about a competition for investors?

Who can make the most from Close of Trade June 30th 2006 to Close of trade June 30 2007.

People choose 3 stocks and lock them in. Anyone can join in later at the starting price of the day after they join in, but you can't change your choices though. They are fixed for 1 year (half the GCT tax and dividends what investors love)

What do you think?

Whoever makes the most from their combined 3 choices (including dividends) gets a a brand new Ferrari and a trip for 2 to New York for a month courtesy of ASF.

You can pick the same as others as well! You need to pick 3 stocks though, so any flukes are evened out with losses.

Easy..

 

[makeorbreak]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

Can anyone join or do you have to have posted over some 300 messages?

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

14 messages is the minimum. So you better post something else quickly!

 

[makeorbreak]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

Ok - I'll have my ferrari in yellow

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

What are your tips first?

 

[makeorbreak]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

SMY, CBH and I'm yet to decide on a third

 

[cuttlefish]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

The dillemma - If you found a healthy tree that flowered $100 bills every year would you tell the whole world where it was? Or keep it to yourself? To my mind, only if you were thinking about selling the tree.

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

The dillemma - If you found a healthy tree that flowered $100 bills every year would you tell the whole world where it was? Or keep it to yourself? To my mind, only if you were thinking about selling the tree.

Bollocks.

If people listened to your opinion then you should....

1) Find a great company.
2) Buy heaps of shares in it.
3) Tell everyone, so they buy more and the price goes up.
4) Sell when it becomes too overvalued.
5) Start slagging it off, then when it is cheaper go to 2).

 

[Joe Blow]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

I have enough trouble keeping track of the monthly competition but if you guys would like to introduce a longer 'unofficial' one you are more than welcome, as long as there is someone willing to collate the entries and report on the results in this thread. :

Doctorj started one in January that was intended to run for the entire year but I am not sure of the current status of that competition.

As for prizes, I will throw in a sixpack of beer. If you don't drink beer I will throw in a bottle of cheap fizzy wine instead. If you don't drink alcohol then I will make it a two litre bottle of Coke.

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

SMY, CBH and I'm yet to decide on a third

There are no prizes for last place. You do know that right?


Just kidding, take your time you have till June 30th. :

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

as long as there is someone willing to collate the entries and report on the results in this thread.

I'll do it!! I like beer, umm I mean, I am very honest and mathematical.

 

[Joe Blow]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

I'll do it!! I like beer, umm I mean, I am very honest and mathematical.

Then it sounds like you are the man for the job! Good luck!

 

[makeorbreak]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

There are no prizes for last place. You do know that right?

Thats ok, the maintenance spent on first prize will kill me.

 

[GreatPig]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

People choose 3 stocks and lock them in ... Whoever makes the most from their combined 3 choices (including dividends)

How do you want to balance the three stocks? Would each be exactly a third of the portfolio so that the gains can just be averaged?

Or perhaps do it a more general way by starting with a fixed amount of cash and buying arbitrary amounts of three stocks up to that dollar limit based on June 30th's closing prices?

Fortunately the first two days of July are a weekend: more time to think

GP

 

[wayneL]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

How about US stocks?

 

[NettAssets]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

I'll do it!! I like beer, umm I mean, I am very honest and mathematical.

By the way your nick next to the avatar has changed recently I thought you never drank!
John

 

[Realist]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

You pick 3 stocks - each exactly 1/3rd of your portfolio.

That dillutes any flukes or any losses. Diversification!!

No US Stocks sorry Wayne - too complicated and this is called "Aussie Stock Forums"

 

[wayneL]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

Aussie Stock Forums?

Aussie Stock, Forums?

Aussie, Stock Forums?

Smart@rse

 

[cuttlefish]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

So you mean same dollar allocation to each stock, so it will basically be the percentage rises of each stock averaged?

btw - for an investing comp wouldn't the best time to be picking stocks be after the annual reports have been released around sept/aug - at the moment we're relying on almost 6 month old data ... yep I'm a pain aren't I ... :twak:

Are you going to have any limitations on caps or liquidity or is it any stock code listed on ASX? And I'm assuming warrants are excluded.

 

[cuttlefish]

Re: Can we do a yearly Stock Tipping comp for FY07 ?

I'm taking this too seriously aren't I ... where's me dartboard