Comments on: Stock Picks for 2009 Quarterly Update (Oct)

By: cannon_fodder

cannon_fodder — Mon, 19 Oct 2009 02:12:57 +0000

I can imagine that some of the less than stellar performance of the US listed equities is that attributed to the underperformance of the US dollar vis a vis the Canadian dollar.

With many analysts predicting dollar parity (and even reversing the ratio) 2010 may be a time to buy more US stocks. If you believe the long term trend of the Canadian dollar is .85 USD then you can realise a currency benefit along with the capital appreciation (and dividend income if appropriate).

I think it would be interesting to throw up some standard indices for comparison (e.g. S&P, Dow, MCSI EAFE, etc.) during the same periods. Even though no one was restricted to any particular country or industry it would be illuminating.

By: Dividend Growth Investor

Dividend Growth Investor — Sun, 11 Oct 2009 21:28:48 +0000

Link to me, link to me (for 3Q ;-) )

I am somewhat satisfied with my performance YTD on those picks..

By: Four Pillars

Four Pillars — Sun, 04 Oct 2009 18:23:37 +0000

I’ve had a pretty good year although I’m down to third. I need oil to rebound a bit!

By: Canada Deals

Canada Deals — Sun, 04 Oct 2009 17:56:23 +0000

Two questions (if you don’t mind):

I live in Edmonton Alberta where energy, specifically oil, is a huge industry. How can get my feet wet buying stocks in this industry without a lot of risk?

Also, will you guys be doing picks again for 2010?

By: Barvarama

Barvarama — Sun, 04 Oct 2009 17:36:09 +0000

I like 3 of 4 but the Husky one baffles me. Anything to do with the oil industry is a risk. There may be some short term gains but petroleum is dead. The only thing Husky can do is increase market share of the existing market because the market is going to decrease in size until it is gone. Just 3 years ago analyst predicted that the market for retail gasoline would double by 2030….those same experts not say that demand will be 50% by 2025.

By: mei

mei — Sun, 04 Oct 2009 17:21:12 +0000

Can’t state enough how important the sacrifices that go into wealth creation are.

Curious if anyone has caught this book yet? “The Richest Man in Town” by W Randall Jones. I’ve read half of it so far and let me tell you it is well worth it. Would like to hear what everyone else thought of it?

http://www.richestmanintown.com

By: The Rat

The Rat — Sun, 04 Oct 2009 17:18:56 +0000

Really nice selection of stocks if you ask me. I’m familiar with JNJ, HSE, and PWF, all yielding impressive yields of 3.28%, 4.09%, and 4.71% respectively.

I have to say, I had not heard of Hanfeng Evergreen (HF) and looks like it could be a gem given some of the info and commentaries made about the stock…interesting..