If you go to twopercentgoal.com and sign up for a 30-day free sample, you will get daily emails with recommended stock picks. The goal is to make 2% in a week while safeguarding yourself with stop losses of 3%. September has come and gone, and the monthly report card is in. The bottom line, there were 5 times as many picks that made 2% or more compared to stocks that lost 3%.
Here is how the numbers panned out. During the month, there were a total of 43 recommendations. Of those picks, 25 gained 2% or more while only 5 lost 3%. The remaining 18 fell into the range of gaining less than 2% to losing 3% or less.
There were 34 picks to go long. Twenty earned 2% or more for an average gain of 3.29% per pick. Fourteen did not meet its 2% goal. Of those 14, only 3 picks lost 3%. The remaining 11 either earned less than 2% or lost less than 3%. Those 14 picks, on average, lost 0.53% per pick.
There were 9 recommendations to sell short. Five of those nine gained 2% or more for an average gain of 3.85% per pick. Of the remaining four, two lost 3% while the other 2 experienced gains but fell short of its 2% target. Those four picks that did not meet the target averaged a loss of 0.99% per pick.
The bottom line is this. Of the entire 43 recommendations, they amassed a total gain of 73.92% or 1.72% per pick. Before we all start doing cartwheels, let’s have a reality check. Part of my ten-point plan is to diversify and never go over 10% of total portfolio per pick. Instead of 1.72% per pick, that would have been, on average, 0.172% per pick. Also, if you diversify 10%, you would not have been able to hold all 43 picks because there were days where the recommended portfolio had 15-20 selections. If we assume you were able to hold 20 picks @ 0.172% gain per pick, that would have netted you 3.44% for the month or 41.28% for a year. If you bought on margin your returns extrapolated over 12 months would have doubled or tripled. This is my ultimate goal, to double my money on the stock market with little to no risk.
Stock Picks For September 2024
I have attached a spreadsheet showing all my recommendations for September. These were sent out to my subscribers receiving my daily email. You can receive it free of charge for 30 days. After the free trial, it is $99/month. The spreadsheet is a summary of September’s emails showing all the recommendations, when they were bought and sold and the returns it generated.
My blog next week will show the 12 months history ending for Q3.
While the test data is overwhelmingly positive, there are risks with this type of investing and the author accepts no responsibility for any possible losses.
Cheers,
Al
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Opinions and data provided are subject to change without prior notice. These opinions might not be suitable for every investor. It’s important to conduct your own research and consult with a registered broker or investment advisor. Information on various stocks, options, futures, bonds, derivatives, commodities, currencies, and other financial instruments (collectively, “Securities”) is shared here to potentially interest the audience. This content is meant for informational purposes only and does not constitute investment advice or recommendations. The buying or selling of any securities is not solicited. Additionally, none of these activities should be interpreted as providing financial advice. The information presented should not be taken as a suggestion to buy, hold, or sell any specific securities. Investing in securities comes with risks and market volatility. Past performance is not indicative of future results. It is strongly encouraged to conduct your own due diligence.