It was another fantastic year for my 8-80 list of stocks.
An equal weighting of the fourteen (14) stocks in 2017 would have returned more than 45 percent – more than double the returns of owning the S&P 500. That is a good reward for picking stocks.
Only Starbucks disappointed this year and underperformed the 19 percent S&P rise.
I picked the wrong food stock for my list as McDonalds was up over 40 percent. My favorite fast food sneak food of 2018 is Mcdonald’s breakfast burritos where I can buy 2 for $2. I saw it, I ate it, but I did not own it.
I am keeping Starbucks on a short leash for in 2018 (note – you can subscribe to my ‘Peloton’ service you get real-time updates throughout the year).
I imagine in 2018 I will consider adding crypto asset to my list as 8-80 year olds are already familiar with Bitcoin. In the meantime, Visa and Mastercard have kicked butt.
As always I urge people not to chase stocks or returns.
Have a great New Year’s Eve everyone.
Also published on Medium.