Investment Competition

Live forum: http://forum.freeipodguide.com/viewtopic.php?t=52738

coolvaughan

29-01-2007 19:27:35

So I started a semester of Personal Finance at my school with this pretty chill teacher. Next Wednesday we will each be given $100,000 play money and told to invest it however we want, in stocks, bonds, mutual funds, etc. Here is the catch. The six students with the largest gain at the beginning of June will receive an automatic A for the Semester.

So you are asking yourself, how does this pertain to you? Well. I need some advice, what the hell should I invest in?

TryinToGetPaid

29-01-2007 19:29:32

Drugs. You will be a millionaire, and rather quick at that. You should know that from your avatar.

rooster

29-01-2007 19:30:57

invest it all in a penny stock if it goes up at all you'll make a killing.....opposite if it drops kind of an all or nothing.

coolvaughan

29-01-2007 19:36:20

ok

Kidd

29-01-2007 19:43:25

ill make the investopedia group it can be fun

syriandoode

29-01-2007 19:45:16

ask chacha!

Gigante

29-01-2007 20:02:18

My current stock picks include the following. Some are more directed for long-term (50 years) and some short-term (2-5 years). I don't daytrade or stupid shit like that. Obviously, the riskier you play, the higher your yields may be, but exactly the opposite can happen too.

SKND
AMD
MSFT
HPQ
T
PG
JNJ
XOM
GE
LM
WMT
GRMN
P
CMG
WFMI
CHS
CHK
OSUR
ERTS
HANS
CTSH
CHAP

I can't express enough how important it is to diversify. You can expect an average 11% return in stocks with a good, diversified pick.

KeithA

29-01-2007 20:20:17

I would invest more aggressively than usual since you're being judged over such an incredibly short timeframe. The 11% average return quoted above is over the long-term; over 6 months, those results could vary significantly.

The vast majority of people that try to second-guess the market actually underperform. But a lot of that underperformance has to do with expenses associated with frequent trading and actively managed funds (broker's fees and commissions, management fees, etc.)

Are you able to see your peers' portfolios?

kala

29-01-2007 22:40:06

I suggest FOREX (foriegn exhange market).

I've made good money with it and it wasn't hard at all, plus you can start as small or big as you want. In addition, you can turn your small investment into a substantial profit in a matter of seconds, so time is not a factor here )

irannaked

30-01-2007 13:44:06

wait, since it's play money, how are you going to get any money from investing fake money?

ask for real money

tracemhunter

31-01-2007 09:44:32

since you are going for the short term, i think you should read the journal every morning and watch cnbc to get a feel for what investors are thinking and what is expected of the markets that day. its earnings season too so watch the EPS. hell, just ride the momentum if an announcement is made and once it goes above or below a level that you set, sell the shit.

gafdpc

31-01-2007 10:18:36

Because its play money, the winners are just gonna be people who get lucky...ie the are gonna get some ridiculously high return.

Dunno if you can do mutual funds, but this real estate mutual fund I invested in has made 9.6% since the new year (one month). That is a ridiculously high return.

Gigante

31-01-2007 12:40:58

[quote963a6f5765="gafdpc"]Because its play money, the winners are just gonna be people who get lucky...ie the are gonna get some ridiculously high return.

Dunno if you can do mutual funds, but this real estate mutual fund I invested in has made 9.6% since the new year (one month). That is a ridiculously high return.[/quote963a6f5765]

Does the fund invest in actual real estate or real estate developers or what?

Nimh

31-01-2007 15:55:38

Honestly, if you ever look at the top players in any fake money investing game, it's always someone who put all their money into a cheap stock that happened to go up. Now, 100,000 is a lot to play with, so maybe pick 2 or 3 small stocks and put all your money into them. You may get lucky and have one go up and make a killing, or you may get screwed. But since you're investing over a short time frame, and not saving money for retirement, for example, it doesn't matter how risky the stock is. Unless he'll penalize you for losing all of it.

gafdpc

31-01-2007 16:35:34

[quoteef4c3c89d4="Gigante"][quoteef4c3c89d4="gafdpc"]Because its play money, the winners are just gonna be people who get lucky...ie the are gonna get some ridiculously high return.

Dunno if you can do mutual funds, but this real estate mutual fund I invested in has made 9.6% since the new year (one month). That is a ridiculously high return.[/quoteef4c3c89d4]

Does the fund invest in actual real estate or real estate developers or what?[/quoteef4c3c89d4]

It's an index fund, so it invests in other real estate investing trusts (REITs)

J4320

31-01-2007 16:44:20

[quote0116a5260d="irannaked"]wait, since it's play money, how are you going to get any money from investing fake money?

ask for real money[/quote0116a5260d]

http//forum.freeipodguide.com/smilies_mod/upload/30120edfc695fda35c07678a921cec64.gif[" alt=""/img0116a5260d]

JennyWren

31-01-2007 20:24:01

Invest in referrals, get greens, cash out, turn your money into something HUGE.

How many OCash refs could that buy?

xtrmdrummer1

31-01-2007 22:06:55

[quotedadda7a900="Nimh"]Honestly, if you ever look at the top players in any fake money investing game, it's always someone who put all their money into a cheap stock that happened to go up. Now, 100,000 is a lot to play with, so maybe pick 2 or 3 small stocks and put all your money into them. You may get lucky and have one go up and make a killing, or you may get screwed. But since you're investing over a short time frame, and not saving money for retirement, for example, it doesn't matter how risky the stock is. Unless he'll penalize you for losing all of it.[/quotedadda7a900]

I did this same project in High School. I actually ended up doing it 2 times because I Aided one yaer in Econ. Anyways, the first time around I was the only one that did it with the penny stocks. I lost out on one of them, but the other two jumped around $0.18. You can do the math =P. I had the biggest gain out of anyone in the class! Mine was over the course of a month. It may not hurt to break it into 5 groups. Do your research on the stocks to see what might be in the future for the companies. If you think that you would put money into it in real life, the drop $20k into that one. If you treat it like it was really your money, the experience is not only more rewarding, but you also create a better report because you were truely involved. 8)

tylerc

01-02-2007 04:15:10

Kinder Morgan Inc. is a solid investment, so is Altria Group (Philip Morris).

At least they were when I did my stock market sim in econ.

coolvaughan

05-02-2007 17:57:51

I liked the idea of cheap stocks but cant find a site to search for stock by value, any idea where I could search?

I bought five stocks so far costing about 50 grand and after a mere 6 hours I have earned $600

Four of them cost less than 2 dollars each and these so fare have earned me the most cash.

OldManWrigley

05-02-2007 22:13:38

Invest $50,000 in Sirius (SIRI). If you buy it right now, you an buy 13,736 shares for $50,000. If it hits $5, you make $18,680.

coolvaughan

19-03-2007 19:55:31

Well I just sold the first stock that did well.

WHT - Westside Energy Corporation

Purchased on 02/05 for $1.77 per share, with 5600 shares = $9,912
Sold on 03/13 for $2.44 per share, with 5600 shares = $13,664

Profit of $3,752

WHT is now at $2.19 and dropping.

Not to bad for my first stock purchase.