Outlook for 2018

Happy New Year! 2017 is in the books and its been a great year for investors all over. The US equity markets are flying high as all major indices continue to ring in all-time highs month after month; the multi-decade bond peak seems to be in, as interest rates are now on the upswing — not just in US, but in other countries as well. The commodities markets are starting their bull run as inflation is starting to rear its head after years of potential deflation, disinflation, and stagflation. New tech like blockchains and the cryptocurrency mania is capturing the imagination of the masses and making plenty of investors obscenely rich in a short period of time. But at the same time, every single sector/market has some dark clouds on horizon too — as investors get carried away and assume that risk has been mitigated which may not necessarily be the case.

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Top Investment Picks for 2018

As the new year rolls out, its time to share the annual investment pick contest that I run. This is the 3rd year in the running. This is merely meant to be a fun experiment to run and collect top investment picks for 2018 from a community of investors I regularly interact with. There are still some great picks from the 2016 & 2017 top picks, and I invite you to check them for ideas. Remember that investing is a long game — so, focusing on short intervals like a year is not prudent — even though this contest focuses on one year return. Plenty of older picks may still present long term value.

The rules were simple: Pick one investment (stock, bond, fund, commodity, cryptocurrency or any other form of investment security), and present a short & quick investment reason behind the pick. I will track this progress over the year and provide quarterly updates on this blog.

Top Investment Picks for 2018

Before I present the picks, I would like to remind the readers that these are simply picks based on current outlook and each investor should not take this as investment advice. If you decide to pursue these investments, please do your due diligence before investing in any of the securities mentioned.

Without further ado, here are the top picks from the investing community for 2018.

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Results: 2017 Top Investment Picks

As we ring out the year 2017, its time to look back and evaluate some of our investment picks/decisions. At the end of 2016, I reached out to the investing community and asked them to pick one investment security as their top pick for the year 2017. Plenty of folks responded and I was happy to compile the list and track them over the year.  The original post & quarterly updates can be found here. It is always interesting to see what everyone was thinking a year ago and how the picks played out over the year.

Again, I would like to remind readers that this was meant to simply be a fun exercise and should not be considered investment advise. Please do your own research before investing in any securities.

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Recent Sell – CHV

A recent sale in my portfolio capturing some significant gains and booking profits.

The recent run-up in Marijuana stocks has been a sight to behold. Investors seem to be in a FOMO frenzy, whether purely an excitement and positioning for the legalization or recreational use of marijuana in Canada come summer 2018, or a Santa Clause rally, or year-end window dressing by institutions…it’s hard to tell. However, when the market offers such spectacular returns in a short amount of time, I remain skeptical of whether this momentum will hold. See the following chart of the Marijuana Index and the returns in the last few weeks/months.

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Consider These 7 Tips When Shopping for Automobile Insurance

The following is a guest post.

Many families are struggling in today’s economy, and your family may very well be one of them. If you are at the end of your rope as you try to shave even more dollars off your family’s budget, take a moment to look at your insurance line item. Were you shocked when you saw the monthly total? Many people are. Insurance coverage is expensive, but it is also necessary. If you have had the same automobile policy for years, it’s time to see about cutting the cost using these seven tips.

1. Shop Around

Even if you are happy with your automobile insurance company and the coverage it provides, shop around. According to the Insurance Information Institute, “prices differ from company to company,” and it may be time to say “Sayonara” to your old carrier. Find out who covers your family, friends, and work colleagues’ automobiles, and contact the companies to see if they can give you better rates.

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