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Enter The Money Pros Index Fund Challenge 2012

by retirebyforty on December 16, 2011 · 23 comments

in goals and milestones, investing

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money pros index fund challenge 2012

The Money Pros network of Personal Finance writers have a new challenge for you!

Here is your chance to see if these Personal Finance bloggers know their stocks. As a friendly competition, the Money Pros bloggers each picked 3 stocks to see who will do the best in 2012. You can also pick 3 stocks that you think would perform well in 2012 and see how they measure up to each member’s picks and the Money Pros Index.

Here’s how it works:

  1. PICK 3 STOCKS you think will perform the best in 2012
  2. SIGN-UP on the Money Pros Index Fund Challenge registration form - before the first trading day of 2012!
  3. FOLLOW your progress, and see if you can make the leaderboard

The top-performers will have their name/blog displayed on the leaderboard.

Here are my 3 picks.

T – AT&T is one of the biggest telecommunication company in the world. AT&T is big in the wireless segment and is making plenty of money selling internet access to all the cell phones and smart devices coming online. This is a growing segment and AT&T is well positioned in the data service business. It might be tough for AT&T to grow much, but it’s a great dividend stock and it is one of the anchor in my dividend portfolio. The dividend yield is around 6%.

INTC – Intel is struggling to move into the smart phone/tablet market, but they are still dominating in the old computer/laptop segment. They are growing rapidly in emerging markets and that is where a large percentage of earning growth came from. Sure smart phones and tablets are great, but a laptop beats all those devices when you need to create content. In the domestic market for 2012, Intel is pushing Ultrabooks. If you have seen a Macbook air, you know what an Ultrabook looks like. The Ultrabook will push thin and light laptop prices down to an affordable level in a couple of years. I can’t wait. ;) Intel is also paying great dividend @ 3.6%.

GOOG – Ahhh… I remember the day of Google’s IPO at $85 in 2004. My buddy, Al, picked up a few shares, but I thought it was too expensive. Google only got more expensive since. :) Here is my chance to virtually own Google, so I can’t pass it up. Google doesn’t pay any dividends currently.

What are your 3 picks for 2012? Head on over to Money Pros and sign up for the challenge. I think 2012 will be another tough year. The European debt crisis is still a black cloud and the US economy is still struggling to recover. The dividend stocks should do fine in this environment and is a safe bet.

Logistic: We’ll model the account after Sharebuilder and invest $1,000 in each stocks. Sharebuilder allows fractional shares so it will be easy to keep track of. All dividend will be reinvested in more shares.

Disclosure: This post is not a recommendation to invest in any of these stocks. Consult your financial adviser for investment advice. I own shares of AT&T and Intel.

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{ 23 comments… read them below or add one }

Moneycone December 16, 2011 at 4:33 am

Nice! I just added mine to the list!

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retirebyforty December 16, 2011 at 10:16 am

Thanks for joining the challenge!

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My University Money December 16, 2011 at 5:43 am

Cool, I’m more of an indexing-oriented guy, but I’ll do this for fun (and probably to prove to myself why I should stick with indexing)!

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retirebyforty December 16, 2011 at 10:17 am

Most of my investments are in index funds/ETF too, but I have a few stocks. Have fun with the challenge!

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PKamp3 December 16, 2011 at 7:12 am

Okay, you got me. Let me figure out some stocks first though, haha.

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retirebyforty December 16, 2011 at 10:18 am

Cool! It’s fun without risking your own money. heh heh. :D

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PKamp3 December 17, 2011 at 10:45 am

Thanks again; I entered with:

* EBIX, Inc.
* Vascular Solutions, Inc.
* Neutral Tandem, Inc.

Is the prize bragging rights? I’m dying for some bragging rights, haha!

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retirebyforty December 18, 2011 at 10:53 pm

Yes the prize is bragging rights! I wanted to give out some Amazon GC or something like that, but apparently we can’t… Not really sure why not though.

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Miss T @ Prairie Eco-Thrifter December 16, 2011 at 8:32 am

Sounds like a really cool challenge. I will discuss it with the hubby and see if he wants to do it. Thanks for sharing.

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retirebyforty December 16, 2011 at 10:19 am

Excellent! I’m looking forward to see what stocks you will pick.

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krantcents December 16, 2011 at 9:50 am

I already have one stock, but I need two more to enter. Hmmmmm! I will give it some thought.

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Hunter - Financially Consumed December 16, 2011 at 2:19 pm

I like the way you presented this Joe! Interesting choices. Bullish on big G, it’s going to be a fun challnege!

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Roshawn @ Watson Inc December 16, 2011 at 4:00 pm

Sounds very interesting and fun. I’ll DEFINITELY think about participating too :)

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Niki December 16, 2011 at 4:38 pm

This sounds like a fun project. I am really thinking about doing this.

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retirebyforty December 18, 2011 at 10:54 pm

You should enter! Maybe you would beat everyone. ;)

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Robert @ The College Investor December 17, 2011 at 9:54 am

I just signed up with: HSP, MON, TWO.

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youngandthrifty December 17, 2011 at 11:11 am

Cool sounds fun!

I’ll probably play for fun too, I’ll take a look at this later this weekend when I get the chance.

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retirebyforty December 18, 2011 at 10:52 pm

Yes, you should join. :)

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Andy Hough December 17, 2011 at 11:12 am

I went ahead and entered. I just picked the last three stocks I bought since I’m hoping they will make money.

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retirebyforty December 18, 2011 at 10:52 pm

That’s great! Looking forward to seeing what you picked. ;)

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Untemplater December 17, 2011 at 2:50 pm

I was never any good at stock picking. I think you’re right that next year could still be ugly in the markets. I still see businesses closing around town but at least the rate is a lot slower than it was 2 years ago. The government really needs to find ways to reward businesses that create more jobs in the US so we can get the unemployment rate down and more people working who need it. -Sydney

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retirebyforty December 18, 2011 at 10:52 pm

I am pretty bad at stock picking as well, that’s why I have most of my investment in index fund. I’m moving the rest into dividend stocks so I don’t have to worry about selling them much.

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Buck Inspire December 18, 2011 at 9:42 pm

Entered. Good luck all!

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