I am ineffective when it comes to picking stocks. I amassed some hefty losses in 2011 that I capitalized on to reduce my income. My new strategy is to setup alerts for each of my stocks and sell when any one of them drops 5%. Here’s my portfolio.
AEG – Aegon is an insurance company based in the Netherlands. This one’s new.
ARCO – largest operator of McDonalds-branded restaurants in Latin America. I’ve wanted to buy MCD (McDonalds Corp), but feel that stock is overpriced. This one is a good replacement.
CLH – Clean Harbor technologies has doubled my money.
MS – Morgan Stanley’s new. Yeah I jumped on the bandwagon since they’ll be the lead underwriter for the Facebook IPO.
RIO – Rio Tinto, based in London, mines natural resources all over the world. This one’s new.
WM – Waste Management collects your trash and has made me a pretty penny.
YUM – Notice I love the fast food stocks? I interviewed with Yum Brands in business school. I love that one of their interview questions is what’s your favorite Yum Brand food product. I think I impressed them with my enthusiastic “bucket of extra spicy KFC chicken and Taco Bell’s soft taco supreme.” NAILED IT! You got nothing on this fast-food girl.
ZNGA – Yup, that’s why I’m a bad stock picker, but we shall see. I don’t know a single person who plays Farmville. Do you?