I've decided to post up the $100 entry fee and enter the portfolios with a purpose competition for 2014. I've got 5 months to finalize my stock picks. Unfortunately the competition limits you to picking just 5 stocks and going long. There is no benefit to second place or having a "slightly" positive portfolio, so I will likely be taking on very risky assets.
On a side note, if the average person were to ask me what stocks i'm long, I would give them a huge troll face. The truth is the market is like an overfed child right now that can hardly sustain its own weight. With the fed committee threatening mutiny and the appointment of the next fed chairman, just who will remain to spike the punch bowl for 2014 seems uncertain. In all seriousness, 2014 may be one of the worst years for stocks since 2008. My initial instincts tell me that some good places to start looking for long stocks is going to be cyclicals, companies that are already doing poorly and may be primed for bailouts, security companies, and foreign stocks.
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