I know everyone loves contests and I have seen a diverse selection of picks. This is just for fun for some of you. However, my number one criteria for picking a stock is not the upside potential, it is minimal downside risk. Most people perceive BB stocks as totally speculative but I don't. If you pick the right stock, I believe that you can invest the farm with minimal risk. Sure the upside potential for many of these stocks is great, but would you be willing to put all your available cash into one of these picks?
My IRA was established just before April 15th of this year. I contributed $4,000 cash. With Heidi's two stock recommendations, I have 22,785 shares of CSMA in my retirement account. Additionally, I am now adding my 1998 contribution of $2,000 which will give me about 2,000 additional shares of CSMA stock for my retirement. I want to thank Heidi, she knows how to pick winners. I will post Heidi's pick for the contest when she gives me confirmation.
To all, have a safe, healthy and very prosperous new year.
David
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