It seems everywhere I turn I’m running into some version of the top ten stocks/funds to buy in 2013.
These lists make me want to scream and here’s why:
- I have no cash available to buy these stocks because all of the money I had I put into the top ten stocks to buy in 2012. Actually, all my money was already invested in the top ten stocks to buy in 2011 lists and I had to sell my 8-track stereo and a few pints of blood to find more money to buy the top ten 2012 stocks.
- I don’t know how much of each stock to buy. Am I supposed to buy an equal number of shares of each stock on the list or an equal dollar amount of each stock or some random mix?
- I find it very odd how one list can fit every reader regardless if they are 18 or 81 years old.
- These stocks are being pitched as the “Ferraris” of the stock market but my investment style is more along the lines of a “reliable family sedan” but who wants to keep driving a “reliable family sedan” when the sales person is urging you to take the “Ferrari” for a spin.
- If these stocks were really that strong shouldn’t I be seeing most of the same names year-after year not a fresh new crop of names every year?
- Why does every top ten stocks to buy for 2013 list seem to have completely different top ten stocks to buy for 2013?
How do you feel about these lists?
Quit reading investment porn. If you’re really interested in these lists, I suggest you read the list put out A YEAR AGO. I did that last year. It will cure you from ever reading one of these articles again.
http://whitecoatinvestor.com/10-best-stocks-for-2011-2/
Good point.
I was trying to come up with a funny reply like “I only read internet porn for the articles” but looking at how the hot stock picks from prior years have performed took all the fun out of it.
According to me reliable family sedan (companies) has confidence that people will love and like it long and long years therefor it does not go for much changes while Ferrari (companies) knows very well people more believe on changes therefore it always try to give something more than expectation.
It is the reason that we see new companies in top 10 list each year.
You can catch me at http://www.pipstoday.com/tag/stock-trading/