Archive for January, 2011

Stock Picks for 2011

January 3rd, 2011

It’s a new year; and it is time to reveal our stock picks for 2011. As some of you might already know, there is a stock picks competition among Canadian bloggers. Each of us has to pick 4 stocks (American and/or Canadian stocks) in equal dollar amounts to sit for the duration of the year. No changes are allowed until the end of the year.

Here are our stock picks for 2011:

APKT – Acme Packet. It is our stock pick for cloud-computing. We believe that cloud computing is the future and Acme Packet is a strong play in this area. Their technologies enable service providers to deliver real-time multimedia sessions across IP network.

LVS – Las Vegas Sands. This company operates a couple of big casinos around the world, including Las Vegas, Macao and recently Singapore.

MELI – MercadoLibre. It is the e-bay of Latin America. We pick this stock as a play for Latin American market.

YONG – Yongye International. It is a Chinese biotechnology company that research liquid and powder nutrient compounds for plant and animal products. We pick this stock because we are bullish on agriculture sector.

You can follow live-performance of our stock picks in this link. You can see how our stock picks compared to S&P 500 and Nasdaq. We are going to include stock picks from other bloggers once they have revealed theirs.

Result of 2010 Stock Picks Competition

January 3rd, 2011

Last year, we participated in the stock picks competition among Canadian bloggers. You can see the complete result below.

As you can see, our performance was not that good for last year. Our return was only –7.05%. We couldn’t even beat the benchmark, S&P 500, which returns more than 12%; and Nasdaq, which returns about 17%.

Happy New Year 2011

January 3rd, 2011

2011

First of all, happy new year to all of you!

It’s been a while since we updated this blog. Yes, we were so busy in the second half of 2010. First of all, we bought a resale house in Ontario as our primary residence. After that, we did a little bit of renovations to our house. Then, our tenant in British Columbia told us that they also bought a house. This means we have to either find a new tenant or sell the property. We finally decided to sell the property.

Finally, we are now in the new year of 2011. We hope that we can write blog more often this year. Finger crossed… Smile

(Picture is from stock.xchng.)

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