This is the end of week #5 of the CNBC Million Dollar Challenge and I have good news to report.
Last week, my goal was to finish this week in the top 28% with a portfolio value of $1,033,500.50. I'm proud to say that I exceeded my goal. This week I am in the top 25% with a portfolio value of $1,056,035.15. Putting my portfolio against the celebrities, I am in fifth place.
I'd like to say that this progress was all because of shrewd investing, the truth is that it is benign neglect. I've had a very busy week and haven't been doing much trading. I was able to answer a few trivia questions for additional cash.
I've just checked my portfolio and, if the market is good on Monday, I will take the profit on several of my holdings. Then I have to make some good picks to reinvest.
Next week, I hope to finish in the top 20% with a portfolio value of $1,070,400.75. Let's see if I can do it.
This is so much fun, especially since it's not my money, it's not even real money.