(11-05-2019, 02:45 PM)EricL Wrote:

(11-04-2019, 07:23 PM)fenders53 Wrote: Thanks Otter.  Those will be pretty solid returns after we add annual dividends in December.  I'm not sure if there is a lesson in our results so far, but here are a few thoughts....

-I do find it interesting 75% of the participants are beating the SPY while still maintaining a mostly SWAN stock selection.  Nobody is even close to a losing year with little diversification.  Seems to me we did as well or better than most mutual fund managers or authors we read.  Of course the game would change if we were forced to pick 50 stocks.  Little chance any of us double the SPY with even ten stocks.  

-In a small port obviously sector is extremely influential.  Energy is a laggard again this year.  You picked one or you didn't and it affected results.      

Thanks for playing everyone.  I'd like to do it again for 2020 but we'll pick earlier.

My OXY pick is killing me. Would be doing really well without that pick.

(11-06-2019, 03:09 PM)stockguru Wrote:

(11-05-2019, 02:45 PM)EricL Wrote:

(11-04-2019, 07:23 PM)fenders53 Wrote: Thanks Otter.  Those will be pretty solid returns after we add annual dividends in December.  I'm not sure if there is a lesson in our results so far, but here are a few thoughts....

-I do find it interesting 75% of the participants are beating the SPY while still maintaining a mostly SWAN stock selection.  Nobody is even close to a losing year with little diversification.  Seems to me we did as well or better than most mutual fund managers or authors we read.  Of course the game would change if we were forced to pick 50 stocks.  Little chance any of us double the SPY with even ten stocks.  

-In a small port obviously sector is extremely influential.  Energy is a laggard again this year.  You picked one or you didn't and it affected results.      

Thanks for playing everyone.  I'd like to do it again for 2020 but we'll pick earlier.

My OXY pick is killing me. Would be doing really well without that pick.

That OXY keeps getting cheaper by the day. If they dont cut the dividend it may be good entry under $40. Glad I didn't pick that one 

(11-06-2019, 07:50 PM)fenders53 Wrote: Everytime I invest in oil I spend the next couple years hoping the dividend and covered calls get me back to even. I own BP and ENB now, not that any major or pipeline is much different than the other choices a year down the road.

(11-06-2019, 09:50 PM)NilesMike Wrote:

(11-06-2019, 07:50 PM)fenders53 Wrote: Everytime I invest in oil I spend the next couple years hoping the dividend and covered calls get me back to even.  I own BP and ENB now, not that any major or pipeline is much different than the other choices a year down the road.

I got lucky with MPC June 6 @ 48.10

(11-04-2019, 02:48 PM)Otter Wrote: Okay, results after three quarters of this (tracked from 2/1/19 to 10/31/19), as reflected by portfoliovisualizer.com, totals are below. For jdhansen, I had to split the 20% of the portfolio allocated to DWDP, which has now split up into CTVA, DD, and DOW, on the following basis (3% CTVA, 7% DD, 10% DOW, which is roughly the same proportionate split as the companies underwent when factored into the 20% whole):

fenders53                    $13,256  32.56%
divmenow                    $12,319  23.19%
Binary                         $12,028  20.28%
Kerim                          $11,881  18.81%
DividendGarden            $11,495 14.95%
jdhansen                     $11,481   14.81%
EricL                           $11,420  14.20%
stockguru                    $11,324  13.24%
Otter                           $11,048 10.48%
rayray                         $10,741    7.41%
ChadR                         $10,595   5.95%

SPY return over the same period is 11.16%