As the new year rolls out, it’s time to share the annual investment pick contest that I run. This is the 5th year in the running. This is merely meant to be a fun experiment to run and collect top investment picks for 2020 from a community of investors I regularly interact with. There are still some great picks from the 2016, 2017, 2018 & 2019 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 are still good hunting grounds if you are looking for investment ideas.
The rules were simple: Pick one investment (stock, bond, fund, currency, commodity, cryptoasset 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 2020
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 2020.Continue reading