The Fund we used to measure us all against, the S&P 500, did better than anyone else, with +9.74%
It looks like AS1989 took 1st place with +7.65%, she won by buying 2 index funds, a Vanguard S&P 500 fund and a Vanguard total stock market fund.
Comar got 2nd with +7.31%, he had invested in LinkedIn and Time Warner
I took 3rd with +7.15%, I made 18 trades, but my most profitable ones were AutoDesk(+24%) and Gentex Corp(+19%)
AJColeman joined late and took 4th with +2.72%
5 people didn't buy any stocks
Stevez32 had -2.19%, he invested in mcdonalds and an Apple short
LeeHolsen had -4.58%, he shorted the S&P 500, statistically(historically) this will lose a majority of the time, and this is just another statistic
JefferyBlaisdell had -12.83%, he invested in TerraForm Global Inc
2Birds1Stone had -51.52%, he invested in Dx Dly Gold Min Shs, he also tried to short the same fund, and did a cover on it once
I've started MMM Contest 2, to join, make an account at Investopedia.com, then go to Investopedia.com/simulator/game, click join game, search for MMM Contest 2 in containing words, then click join. no password. Good Luck everyone!
Also, I'm adding a new rule, that you are no longer allowed to invest in indexes, only stocks, I will be measuring the S&P 500 to see how we do against it.
Currently the S&P 500 is valued at $2086.36, with the $100,000 starting amount that is 47.93 shares. Who will win? Who will beat the market? Who will lose 50% of their portfolio? Lets find out!