When share trader Garth McKenzie’s first son was born almost four years ago he started an investment portfolio of 10 stocks for him.
The portfolio McKenzie constructed for him sought to generate an annualised return of at least 15% per annum including dividends.
McKenzie started what became a popular blog entitled “10 Stocks for My Son”.
His portfolio wildly outperformed the market.
Last year, however, was flat, as can be expected.
Listen to the audio below to learn what shares McKenzie is buying for his son (and/or scroll down for quotes).
I only trade four, five or six times in a year.— Garth McKenzie
My intention was to buy and hold these shares for the long term.— Garth McKenzie
I reinvest accrued dividends at the end of the year into one stock.— Garth McKenzie
I’m going to do exactly the same thing for my new-born son. They’ll have the same shares and the same starting capital.— Garth McKenzie
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The Money Show’s Bruce Whitfield interviews Sibanye-Stillwater Chief Executive Officer Neal Froneman.
The Money Show’s Bruce Whitfield interviews Benguela Global Fund Managers Chief Investment Officer Zwelakhe Mnguni.
South Africa’s loss is Standard Bank’s gain. The Money Show’s Bruce Whitfield interviews Standard Bank Group CEO Sim Tshabalala.
It’s time to start thinking about how to keep your business relevant next year, says small business guru Pavlo Phitidis.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
A share trader discusses his wildy popular blog “10 Stocks for My Son” and how his two-year-old son's portfolio is performing.
Political analyst Dr Somadoda Fikeni sat down with Ray White to discuss the future of the ANC.
Financial Mail editor Rob Rose chats to Eusebius McKaiser about how Steinhoff became the retail giant we know, before the fall.
Watch the Guptas pack their bags and run in Nando's inspiring new advertisement.
In 2012 Steinhoff acquired 20% of wealth manager PSG, reportedly infuriating Mouton. Bruce Whitfield interviews him.
The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...