It's that time of year again. 2020 contest will wrap up soon. 2020 wasn't so fun as the Covid crash whipped most of us. Divemenow has stolen my crown for 2020. We'll see who takes it this year.
We'll keep it fairly simple again. It will run from JAN 1 to DEC 31 2021. Try to have your picks in by very early January, but we can keep it open a few extra days to get more participants.
1. Pick five stocks. Not confined to the US. One of the stocks may be an ETF but index funds such as S&P500 is discouraged. We are trying to use our individual stock picking abilities.
2. Let's keep the DGI forum theme, but I don't want to be overly limiting so minimum 1.0% dividend yield is OK this year. That will eliminate penny stocks.
3. If you wish, you may waive the dividend rules for one stock or ETF. Add a leveraged ETF or even a hedge ETF if you wish.
4. Make some attempt at diversification like you would if this was your real port. Two tech stocks or two industrials is fine, two chip stocks or two auto manufacturers is not.
EDIT: I lowered the minimum dividend requirement to 1% for 2021. Many quality DGI stocks have appreciated their dividend under the previous 1 1/2% threshold.
Although I started this, I am open to your ideas for rule changes. Suggestions welcomed but we need them within a few days.
We won't use it for scoring, but just for fun throw out your best "short" candidate. (No dividend requirement) We'll see how much you would have won or lost committing to short 100 shares for an entire year. We aren't scoring it as that would be a crazy commitment.
We'll keep it fairly simple again. It will run from JAN 1 to DEC 31 2021. Try to have your picks in by very early January, but we can keep it open a few extra days to get more participants.
1. Pick five stocks. Not confined to the US. One of the stocks may be an ETF but index funds such as S&P500 is discouraged. We are trying to use our individual stock picking abilities.
2. Let's keep the DGI forum theme, but I don't want to be overly limiting so minimum 1.0% dividend yield is OK this year. That will eliminate penny stocks.
3. If you wish, you may waive the dividend rules for one stock or ETF. Add a leveraged ETF or even a hedge ETF if you wish.
4. Make some attempt at diversification like you would if this was your real port. Two tech stocks or two industrials is fine, two chip stocks or two auto manufacturers is not.
EDIT: I lowered the minimum dividend requirement to 1% for 2021. Many quality DGI stocks have appreciated their dividend under the previous 1 1/2% threshold.
Although I started this, I am open to your ideas for rule changes. Suggestions welcomed but we need them within a few days.
We won't use it for scoring, but just for fun throw out your best "short" candidate. (No dividend requirement) We'll see how much you would have won or lost committing to short 100 shares for an entire year. We aren't scoring it as that would be a crazy commitment.