Hmm… today’s topic is really quite a change from the usual techie stuff. We are getting serious today. Top 10 stock recommendations are everywhere on the internet and most of them are just spam. However I have been using MSN Money Portfolio since 2003 and have seen it go through with many upgrades. Back then, even from 2003, at the end of every year, they would pull out their Top 10 stocks for the previous year and show you how much gain you could have made. The performance of their portfolio usually outranked the market index and my own. So far their Top 10 portfolio, revamped every year is up 339% since 2001. S&P 500 is only up 10.2%. Amazing right? My portfolio from 2003 is only up 50%. Wow! When I read this article, I was thinking that I might as well put my money into the Top 10 stocks they recommended instead.
If you are not reading this on 24th Feb 2007, click here to see the new list of Top Ten Stocks
Top Ten Stock Picks, 24th Feb 2007
1. AMX AMERICA MOVIL SAB DE CV
2. CSX CSX CORP
3. NEM NEWMONT MINING CORP NEW
4. RIO CIA VALE DO RIO DOCE
5. YHOO YAHOO INC
6. DTV DIRECTV GROUP INC
7. AW ALLIED WASTE INDUSTRIES INC
8. HD HOME DEPOT INC
9. MAT MATTEL INC
10. T AT&T INC
It is most likely you have never see most of the companies that are on the list. At least I haven’t. Before I end, I had better put a disclaimer, the above is not financial advice and I do not own any stock in any of those companies!
For the article explaining how stockscouter works and general information regarding the Top 10 list, click here
A general insight of mine that you should already have guessed is that Things that belong in the Top 10,like all the stuff in this blog, have a disproportionate effect. With stocks, it’s the return that you will get. With skills, it’s the increase in the quality of life you will have. Pick the right few and you are set for life. Oh ya, start investing early, thats one of the top advice I gave in my Top 10 Money Tips For Almost Everyone