Introducting the model portfolio!

The idea.. turn $1 into $2 or more!

Let's create a model portfolio of $10,000.  Our target profit level is 100%.  So by the end of this year, we want the portfolio to be valued at $20,000 or higher.  At least that is the idea.  Can I do it?  Why not?

This portfolio will be modelled based on my own portfolio.  I hold other stocks but I'm just going to stick with the two most recent ones that I've picked along with the price I bought them.  I purchased these because I believe these are represent low risk and high reward.  Prices exclude trading fees.

SLW Jan12 30 Call (Stock Option) - Average at $8.67
Buy 6 contracts - Total $5202
Rationale 
Silver wheaton is a great stock and underperforming silver right now.  They purchase silver from mining companies for $4 and sell it at spot price.  It's a great business model.  The rationale for buying an in the money call is less risk that the contract will expire out of the money.  I believe Silver will hit new highs by the end of this year and this should put a boost under SLW to above $50 by years' end.  If that happens, each contract will be worth $20 or more.

CLM2 140 C (Futures Option) - Average at $0.96
Buy 5 contracts - Total $4798
Rationale
Oil has collapsed back to Dec 2010 levels.  Meanwhile the dollar is getting devalued faster than waste coming out of a person suffering from severe diarrhoea.  This is not sustainable.  I believe oil will rise back to within $100 by end of this year.  The rationale for buying a longer out of the money contract is so that there is enough time for this play to work out.

Currently the above positions are

SLW Jan12 30 Call - Currently $12 (38% Gain)
CLM2 140 C - Currently $0.97 (1.36% Gain)


Current Model Portfolio Value $12,050


Will update as and when we move along!