Personal Finance

4 Top Stock Picks For 2010 Competition

It’s that time of year again – resolutions, diets etc but most importantly it is the 2nd annual top stock competition.  Last year at this time I got together with a group of bloggers and we all picked 4 stocks that we thought would perform the best in 2009.  I ended up finishing in 5th place with a 35% return.

This year I’m doing something different – I’m betting against gold.  I can’t understand why gold is even considered a good investment, never mind getting elevated to the prices it reached in 2009 ($1226 was the peak).

Here are my top 4 stock picks for 2010 (and yes, ETFs are considered as stocks for this competition)

  1. PowerShares DB Gold Double Short ETN (DZZ) – $NN
  2. ProShares UltraShort Gold (GLL)
  3. PowerShares DB Gold Short ETN (DGZ)

Here some links to the other competitors:

Zack Stocks

The Financial Blogger

My Traders Journal

The Wild Investor – 4 stocks to buy in 2010.

Where Does All My Money Go?

Intelligent Speculator

Dividend Growth Investor