It’s time to update our stock picks. So far, we are behind S&P 500 and Nasdaq Composite Index. It’s been proven that it’s not easy to beat the index.

• ASIA: –28.87%
• CAGC: –23.12%
• ITC: +0.5%
• PEGA: –8.68%
• Total: –15.04%

Here is the return of our benchmark:

• S&P 500: –8.30%
• Nasdaq: –7.82%

There have been also a stock picks competition among Canadian bloggers. Here is the result for first half of 2010.

• Dividend Growth Investor: +3.62%
• The Wild Investor: –8.61%
• My Trader’s Journal: –11.41%
• 1stmilliondollar.net: –15.05%
• Four Pillars: –16.69%
• Zach Stocks: –17.08%
• Million Dollar Journey: –17.08%
• WhereDoesAllMyMoneyGo.com: –17.20%
• TheFinancialBlogger.com: –19.41%
• Intelligent Speculator: –19.76%

There have been annual stock picks contest among Canadian bloggers. You can check the result of last year’s contest here. The winner was Intelligent Speculator with 81.56% return, mostly because of Baidu.

Just like previous years, there is a stock picks contest this year. As a new Canadian blogger, we try to participate in the contest. Our stock picks for 2010 is: ASIA, CAGC, ITC and PEGA (see also our posting here). We don’t expect too much since this is our first contest.

In order to monitor the result of this contest, we have setup a Google Docs spreadsheet and embed in this page (you can also click “Contest” link at the top of this page). It has live stock prices; so you can see live performance of each blogger. As of today, the top 3 positions are:

• Four-Pillars.ca: +3.48%
• 1stmilliondollar.net: +0.63%
• WhereDoesAllMyMoneyGo.com: –0.10%

Links

• Live result of Canadian stock picks contest 2010