Sometimes investing can be boring…, so how about spicing it up by a friendly competition against the Money Pros Index Fund Challenge members?
Money Pros Index Fund Challenge
Here’s how it works:
- PICK 3 STOCKS you think will perform the best in 2012
- SIGN-UP on the Money Pros Index Fund Challenge registration form – before the first trading day of 2012!
- FOLLOW your progress, and see if you can make the leaderboard
This will be the 1st year of the challenge so it should be both a fun and interesting experience!!!
Some unique features of the challenge are that the stocks prices are updated at least daily. So you can check to see how your picks are performing. The picks performance should be accurate as of that day’s prices (give or take 20 minutes).
Since this is the first year of the challenge the look and feel may change throughout the year for the better.
Why Participate?
- Bragging rights! Most, if not all of the members dabble in stocks and other investments. Would it be cool to outrank the members in the index?
- Potential exposure to interesting new stocks. Most of the picks should be interesting to say the least.
- It’s a great way to track the performance of your three favorite stocks throughout the year. Since once the picks are in, they are frozen.
- Be a Charter member of the program. While we’re still working out all of the final details, we may have a hall of fame record of who placed first for the year.
- Cool place to visit! It’ll be dynamic, so make sure you sign up!
We hope you join and enjoy the challenge, I’m sure we will.
MR
Hey Don, I hoped it would be an “index funds” challenge. Although I have years of stock investing, one year is too short a time for me to gauge outperformance; but it’s always fun to compete! Good luck!
I just saw this on a different site. Very interesting. I agree with Barb. If you only have a one year horizon and there is no possibility to lose any money you are basically being rewarded to pick as volatile a stock as possible.