TFB Invitational Update – March 2010

By TFB

Back in January I created a virtual trading game on Investopedia called TFB Invitational. 13 other people joined me in this game.

Two months into the game, I’m surprised to see that I’m currently in first place. My virtual portfolio is up 3%. I made two purchases, both profitable (so far), one for a US stock ETF, another for an international stock ETF. Right now I’m 50% in stocks, 50% in cash.

Most participants have not made a single trade yet. Maybe they are waiting for that double-dip. If you’d like to join the game now, the game is still on. You haven’t missed much.

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Posted on March 10, 2010 under News. Keywords: .

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4 Comments on TFB Invitational Update – March 2010

  1. Chuck on March 10, 2010
     

    I’m in, though I don’t know if I can overcome your $3000 lead. :)

  2. simplesimon on March 11, 2010
     

    I signed up for it but haven’t had time to do any research on stocks I’d want to buy. I find myself doing other more enjoyable activities like catching up on my tv shows and hanging out with friends. I’m missing out on making money! I imagine if this is how day traders plan to make money and “invest” for retirement, it’s a huge time sink that I’m not interested in doing. Of course, I may have some bias knowing what I know about index funds.

    I thought about just setting up a Harry Browne portfolio and forgetting about it.

  3. the weakonomist on March 16, 2010
     

    Consider updown.com. It’s virtual trading. I beat the S&P in my first month and am killing them this month. But there are about 7 months in between where I didn’t. You can start little clubs inside updown to compete.

  4. The Personal Finance Blog on March 17, 2010
     

    I think I’m going to join. I’ve always been wondering what would happen if I were to give in to my risk-loving nature (I’ve had to rein that in considerably, otherwise I would already have lost my shirt, and then some). At least in this game there’s no real money at stake!

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