2008 Woodie Awards
Are You Up for a Challenge?
Tony Alaimo
Issue date: 9/29/05 Section: Perspectives
If you think you can build a successful stock and mutual fund portfolio then you are in luck because Barron's and the College of Business are hosting an investment challenge. The free online investment contest which begins Monday, October 17th, runs six months, through Friday, April 14th.
There is a pre-registration after September 15th, and you must register with Barron's at www.barronschallenge.com and forecast the April 14 close of the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite. Participants must set up theoretical $100,000 portfolios with Stocks or ETF's on the NYSE, AMEX, and NASDAQ. There is a $5,000 minimum and $10,000 maximum per security which must be trading above $5.00 per share.
Contestants will have the choice to go long or short but not on the same security. A maximum of 75 trades are allowed with theoretical commission of $10 per trade. Margin trading is allowed with a requirement of 50%. So now that you know the rules, here are the prizes. 1st Place wins $1,500, 2nd - $1,000, 3rd- 500.
Any contestant that beats the S&P 500 return over these six months will get a Uno's gift certificate. Regardless of your major you are welcome to represent yourself as well as Sacred Heart in this competition. I wish everyone the best of luck and hope that you will take the opportunity to get familiar with the stock market and take a chance at learning something new along the way.
There is a pre-registration after September 15th, and you must register with Barron's at www.barronschallenge.com and forecast the April 14 close of the Dow Jones Industrial Average, S&P 500, and NASDAQ Composite. Participants must set up theoretical $100,000 portfolios with Stocks or ETF's on the NYSE, AMEX, and NASDAQ. There is a $5,000 minimum and $10,000 maximum per security which must be trading above $5.00 per share.
Contestants will have the choice to go long or short but not on the same security. A maximum of 75 trades are allowed with theoretical commission of $10 per trade. Margin trading is allowed with a requirement of 50%. So now that you know the rules, here are the prizes. 1st Place wins $1,500, 2nd - $1,000, 3rd- 500.
Any contestant that beats the S&P 500 return over these six months will get a Uno's gift certificate. Regardless of your major you are welcome to represent yourself as well as Sacred Heart in this competition. I wish everyone the best of luck and hope that you will take the opportunity to get familiar with the stock market and take a chance at learning something new along the way.