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Topic: Investment
I decided to look at selecting a portfolio of stocks I would be comfortable putting into an IRA for 10 years. My main criteria was companies with a history of large positive cash flow (that seemed likely to continue that trend).
The 10 stocks I came up with are (closing price on 22 April 2005 - % of portofilo invested):
Thankfully I don’t have to staying locked into decisions for 10 years. But, if I had to, this is a portfolio I would feel comfortable with today. It is overweighted on technology (which is another reason for including Petro China). Templeton Dragon Fund also provides a nice counter weight to all the technology. I would like to have a higher exposure to heath care, but I couldn’t find the stocks that seemed equal to those above.
I have been using marketocracy, since 2001, to manage a portfolio of stocks (marketocracy does a great job of tracking performance for you which I find quite convenient). This year my fund has suffered. At the beginning of this year the Darvamore Fund has exceeded the S&P 500 by over 10% annually on average). This year however the fund’s overall performance results have been reduced to just 5.5% over the S&P 500 annually. Hopefully that trend will turn around soon.
Read more:
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June 25th, 2006 at 2:03 pm
[...] 10 stocks for 10 years by curiouscat Tags: Management, Lean thinking, Deming, Toyota Production System (TPS) Permalink to: Toyota Again Get Positive Press [...]
July 27th, 2006 at 11:13 am
[...] Great stuff. In fact I would add Tesco to our marketocracy portfolio created as a result of our 10 stock for 10 years post. Why would, (not did)? Martketocracy won’t process purchase request for Tesco. You can view Tesco on Google Finance but you can’t add it to your portfolio. Tesco is a retailer based in England that is expanding internationally - rapidly. They are moving into the United States in 2007. Warren Buffett picked up over $300 million worth of Tesco stock in March. [...]
October 7th, 2006 at 7:18 pm
[...] In April of last year I posted on 10 stocks for 10 years. At that time I also setup an fund through Marketocracy, which allows for 3rd party tracking of investing results. See the results so far on Marketocracy’s site. Thusfar the portfolio is up 20%, in under 9 months (versus 13% for the S&P 500 for the same period of time. [...]
December 11th, 2006 at 9:51 pm
[...] In April of 2005 I wrote: 10 stocks for 10 years. At that time I also created a fund through Marketocracy. Thus far the portfolio is up 15.8% annually (versus 15.3% for the S&P 500) - see more below… [...]
June 14th, 2007 at 7:22 pm
At this time the stocks in the marketocracy portfolio in order of returns - Google (116% return, 15% of the portfolio), PetroChina (88%, 7%), Toyota (85%, 12%), Templeton Dragon Fund (69%, 12%)…
June 20th, 2007 at 7:38 pm
In order of current returns - Google 134%, PetroChina 127%, Amazon 92%, Templeton Dragon Fund 73%, Toyota 69%, Cisco 54%…
October 23rd, 2007 at 11:14 pm
The current annualized rate or return is 20% for the life of the portfolio (the S&P 500 annualized return for the same period is 13.4%)
February 4th, 2008 at 8:39 am
At this point I am most positive on Google, Petro China, Toyota, Templeton Dragon Fund and Tesco…
June 4th, 2008 at 8:09 pm
At this point I am most positive on Google, Toyota, Templeton Dragon Fund and Tesco. I am wary of Dell - they seem to be moving in the wrong direction, but I am willing to give them longer to improve…