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The Off-Topic investing challenge!

Discussion in 'Off-Topic' started by Hygro, Jul 27, 2011.

  1. Ziggy Stardust

    Ziggy Stardust New Englander

    Joined:
    Nov 23, 2005
    Messages:
    24,507
    Location:
    High above the ice
    So the guy at #16 and the guy at #32 tell me to reconsider my statement, hmm ... :D
     
  2. classical_hero

    classical_hero In whom I trust

    Joined:
    Jan 30, 2003
    Messages:
    33,262
    Location:
    Perth,Western Australia
    What did you do to get that much money?
     
  3. Godwynn

    Godwynn March to the Sea

    Joined:
    May 17, 2003
    Messages:
    20,498
    Don't you worry Mr. Ziggy, I'll be bumping this thread for decades to come.
     
  4. GoodGame

    GoodGame Red, White, & Blue, baby!

    Joined:
    Dec 17, 2004
    Messages:
    13,725
    Smirk, but in all honesty, do you know a thing about my portfolio or ability by that ranking?

    We start with $250K. I just started yesterday and only plopped down ~$100K. Most of my worth isn't even invested.

    EDIT: if you look carefully at the portfolio values, it's only the top 3 that are significantly higher than the mid pack.

    We will see.....:cool:




    BTW WHAT DID THEIGE INVEST in? He sold short that the market would fall on the 5th?
     
  5. Fuzzz

    Fuzzz you

    Joined:
    Mar 15, 2006
    Messages:
    487
    What's the name of the game? I'm trying to join by searching by name because OP's link doesn't work anymore.
     
  6. classical_hero

    classical_hero In whom I trust

    Joined:
    Jan 30, 2003
    Messages:
    33,262
    Location:
    Perth,Western Australia
    Great Merchants CIVFANTICS
     
  7. jtb1127

    jtb1127 Deity

    Joined:
    Jan 9, 2011
    Messages:
    2,498
    Location:
    Arlington, Virginia
    I registered and joined. I've actually had an investopedia account for around a year but I never used it.
     
  8. IglooDude

    IglooDude Enforcing Rule 34 Retired Moderator Supporter

    Joined:
    Oct 2, 2003
    Messages:
    22,341
    Location:
    Igloo, New Hampshire
    Aaaaaaand the market starts rising....
     
  9. Rashiminos

    Rashiminos Fool Prophet

    Joined:
    Feb 1, 2006
    Messages:
    6,802
    Location:
    The Border.
    I'm guessing a short of BAC or CEDC was involved.
     
  10. LucyDuke

    LucyDuke staring at the clock

    Joined:
    Jan 21, 2007
    Messages:
    13,582
    Location:
    where mise
    That makes... some sense. Thanks Whomp.
     
  11. GoodGame

    GoodGame Red, White, & Blue, baby!

    Joined:
    Dec 17, 2004
    Messages:
    13,725
    Treasury bills are not allowed in this game right? The outlook for them looks decent.
     
  12. Hygro

    Hygro soundcloud.com/hygro/

    Joined:
    Dec 1, 2002
    Messages:
    23,410
    Location:
    California
    There are many ETFs that trade treasuries. LBND for example, is a 3 times leveraged long on treasuries ETF that gets traded very infrequently so the game will limit the number of shares you can buy. SBND is its opposite. There are better treasury ETFs.
     
  13. GoodGame

    GoodGame Red, White, & Blue, baby!

    Joined:
    Dec 17, 2004
    Messages:
    13,725
    Thanks Hygro. I went with the iPath long bear T-bill ETF.
     
  14. Joecoolyo

    Joecoolyo 99% Lightspeed

    Joined:
    Apr 8, 2008
    Messages:
    9,908
    Location:
    茨城県
    Woot woot, the markets are back up again. Time to make some money :cool:
     
  15. classical_hero

    classical_hero In whom I trust

    Joined:
    Jan 30, 2003
    Messages:
    33,262
    Location:
    Perth,Western Australia
    Wel not for me, since one company is giving me nearly a 12% loss. :cry:
     
  16. Theige

    Theige American Baron

    Joined:
    Nov 17, 2002
    Messages:
    3,935
    Location:
    New York
    A put on volatile tech company :p

    Can't be giving away my secrets... don't worry though it lost nearly half its value before I could sell it today
     
  17. Truthy

    Truthy Chatbot

    Joined:
    Oct 9, 2010
    Messages:
    2,196
    How expensive does a stock have to be in order to buy it?
     
  18. classical_hero

    classical_hero In whom I trust

    Joined:
    Jan 30, 2003
    Messages:
    33,262
    Location:
    Perth,Western Australia
    Well this is about learning and no it is a not a tech company, but an Energy company. There was a chance on the day I bought to have made a $2,000 profit on the stock, but I did not take it and now I have lost nearly $14,000 on it and most of it is from today. :eek:
     
  19. Truthy

    Truthy Chatbot

    Joined:
    Oct 9, 2010
    Messages:
    2,196
    Oh and another thing: do I not appear on the rankings chart?
     
  20. Rashiminos

    Rashiminos Fool Prophet

    Joined:
    Feb 1, 2006
    Messages:
    6,802
    Location:
    The Border.
    $1 to buy, $5 to short.
     

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