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I'm glad everybody likes this idea. Louis you make a valid point regarding grabbing at different sectors of the internet. I also appreciate the other picks, but I think there needs to be some more ground rules. The purpose of this combination is to benfit from the internet sector leaders. Stocks that you would never dare by on your own because of valuation, volitiliy, etc. I would never buy Amazon as an individual equity. I still don't think it makes sense to to lose 5 cents for every dollar of sales like Amazon. But the truth is, I feel very confident that Amazon will be around in ten years and probably worth a lot more than today as ridiculis as that sounds. This is because it has so much cash and rich stock to make aquisitions. The same is true for the other companies on my first list. I'm talking blue chip internet stocks that in combination lower your risk considerably. 10 well picked stocks involved in different aspects of the internet is a safe bet in the long haul given the risk/ reward relationship. Remember $100,000 into $310,000 in one year just from my list which has not been fine tuned. I'm not interested in BB companies for purposes of this thread, nor am I interested in companies who have not been proven as leaders yet. Why? Because I'm not interested in a crap shoot and if you can generate returns even semi-close to what I'm talking about with Blue chip internets, why be greedy and have the audacity to think you can really pick the new leaders. $100,000 compounded over 10 years comes to $134,226,593,102.00. Is that realistic ? Certainly not!!! But if using this strategy to compliment a larger portfolio 40% compounded growth does not sound so crazy. $100,000 over 10 year at 40% comes to $2,892,546.55 If we work together I beleive that number is obtainable..
Please read the beggining of the thread again and list your top ten picks with a brief explanation as to why. We will discuss them and have a final list by Decenmber 20th.
Thanks for all the mail and let everbody know,
Rob
P.S> Sorry about spelling and lack of grammer
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