Tuesday, September 13, 2011

Get ready for the CNBC Million Dollar Portfolio Challenge

  

It's the biggest, richest Million Dollar Portfolio Challenge ever!
This is your chance to win a cool $1,000,000 a Maserati GranTurismo Convertible Sport and 10 Exotic One & Only and Atlantis Resort vacations. All you need to do is sign-in/register with a CNBC.com account below; then on September 19th you can play with up to 5 different portfolios. Each with $1,000,000 CNBC Bucks - $100,000 for trading currencies and $900,000 for trading stocks and ETFs on the AMEX, ASX, LSE, NASDAQ and NYSE in real-time!

Go to the CNBC website and Register today.  In past contests I've placed in the top 15% to 25% and one day was #3.

Sunday, September 04, 2011

The Shifting Sands of the Stock Market

In years, past investors could rely on charts, historical timing, and investment advice to profit from the stock markets and their investments.  Today's markets, global in reach, are influenced by events far from Wall Street.  Many of which are new in nature...disasters, wars, collapse of foreign banks, bailouts, and computerised trading.

Fortunately, investors can still make money the old fashion way...they earn it...by trading on the down side as well as up.  The "Virtual Portfolio" has generated a higher rate of return (ROI) shorting the markets with appropriate ETF's than being Bullish with ETF's and stocks.

With just a few weeks until the 1 year mark, the "Virtual Portfolio" has a current ROI of 47.8%. And that was from being conservative with 15% to 50% cash reserves.  I look forward to this years CNBC "Portfolio Challenge" contest.