CNBC Million Dollar Portfolio Challenge

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 4)

One key to success is to trade the current trends.  This is true for the volatility of the currency markets.  For those wanting to trade currencies but are not using FX trading, you can use the ETFs for all major currencies in the CNBC Portfolio Challenge.  The best market trend I have found so far …

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 4) Read More »

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 3)

In previous posts, How to Trade the CNBC Million Dollar Challenge (Part 1), I discussed how to use leveraged ETFs to trade the market volatility. I discussed using two ETFs that track the S&P 500 but are levered to return twice (200%) of the daily performance:. (1) Proshares Ultra S&P 500 (SSO) and (2) Proshare …

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 3) Read More »

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 2)

In the last post titled How to Trade the CNBC Million Dollar Challenge (Part 1), I discussed how to use leveraged ETFs to trade the market volatility.  I discussed using two ETFs that track the S&P 500 but are levered to return twice (200%) of the daily performance.  The first ETF is Proshares Ultra S&P …

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 2) Read More »

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 1)

What would you do if you had a million dollars?  Would you buy something?  Invest it?  Give it away?  All aspiring millionaires can register to try their hand at managing a $1 million “CNBC Bucks” stock & currency portfolio for the chance to win the grand prize of $1 million in CNBC’s fourth annual “Million …

How To Trade the CNBC Million Dollar Portfolio Challenge (Part 1) Read More »

Get Rich Investments Still in Top Percentile of CNBC Million Dollar Portfolio Challenge

How is my portfolio strategy going so far?  GetRichInvestments is holding steady in the 99.73 percentile as of today – see graph below.  This means that I am still in line to contend for one of the great prizes in the coming weeks.  I am happy to have my portfolio in this position.  Maybe this will quiet …

Get Rich Investments Still in Top Percentile of CNBC Million Dollar Portfolio Challenge Read More »

Get Rich Investments in Top Percentile of CNBC Million Dollar Portfolio Challenge

Ever wanted an opportunity to play around with individual stocks with no risk, just to see how good your stockpicking skills are?  CNBC is running a contest called the Million Dollar Portfolio Challenge which basically amounts to a fantasy stock market.  You can spend one million fictitious dollars buying stocks, and the person with the …

Get Rich Investments in Top Percentile of CNBC Million Dollar Portfolio Challenge Read More »