On September 20, 2010 I created a "Virtual Portfolio" with assets of $1 Billion. I chose this amount to be the level of minimum to earn a profit of $1 Million in any given day. Over the next two years, I mostly invested in Energy stocks, Gold, and other Commodities through ETF's. I had a small amount of Stocks, around ten or so. At the end of two years, September 20, 2012 I had made a "profit" of $676 Million...not a bad return during recession. I was very conservative and kept 25% to 50% in cash reserves .
Starting in September 20, 2012 I started a new virtual portfolio, "the Apocalypse Fund" with assets of $10 Billion. I changed my entire strategy... a wide range of 30-40 stocks, ETF's, and Mutual Funds. since last September I am up $220.4 Million or 2.4%....alas I still have 45% cash reserves and realize I need to whittle that down to about 15%.
In real life I have a small portfolio...less than $5,000...that since March 15, 2012 is up about 12%.
My goal for my investments is to beat the DOW everyday, and double my money every five years, rain or shine.
Sunday, January 27, 2013
My Story of "Virtual Investing"!
Posted by Bentnwasted at 1/27/2013
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