Thursday, May 17, 2012

I've been busy

Aside from buying Goldcorp, I've been busy. I watch Business News Network [BNN] pretty much every day. This is a TV channel dedicated to stocks and investing. They get experts on who pontificate about the markets, and stocks, and summarize by giving their three top picks. Well, you can subscribe to the BNN top picks and they will email them to you, showing who recommended the stock, when they bought it, and for how much. So, since about February I've subscribed to the BNN top picks newsletter and have been tracking them. The top picks include current top picks as well as past top picks from the last time that particular guest was on BNN. So, the results; If you bought all the Canadian stocks recommended by the experts, as of today your portfolio would be down 6.54%. Yikes! And my BMO mutual fund [GGF70148], is down 2.14% from December. So much for experts.

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