There was an error in this gadget

Saturday, February 17, 2007

Virtual Portfolio

I started this portfolio with $100,000.00. Fortunately, it's not real money, it's virtual. I have made a profit of $2,900.00 since January 1. This might seem like a lot to an ordinary investor, but I noticed that others in this contest have made $50,000.00.

I decided to get more aggresive, so, after watching a stock go down for a few days, it seemed like a good idea to sell short. Bad move. Now this stock is going up and I may be faced with the problem of buying it at a higher price than I sold it. This is not the way it is supposed to work.

I may get another chance. In March, I am going to get another virtual portfolio worth $1,000,000.00. Let's see what I can do with that.

Got any good stock tips?

No comments: