StockStar Stock Market Challenge

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Posted by ScottBlogs | Posted in general | Posted on 05-10-2008

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I always wanted to try my hand at the stock market, but simply did not have anywhere near enough cash to actually try it – not disposable cash anyways. The other day I saw a commercial advertising a free stock contest at stockstar.ca, so I figured, why not!

Their top prize is $25,000 and goes to the person who makes the most “fantasy dollars” between Sept 1 2008 and Jan 30 2009. I didn’t think I had a chance to win, but had to give it a try – after only a week I am giving up – cant seem to make a dime, and don’t have the time to invest to try and make it work. To date my stocks have turned my starting $100,000 into $95,987. That gives me a ranking of 3060 out of 10120 – may not be the worst but I guess I better not change careers!

First place is a guy by the name of “risingstar” and has a portfolio value of $648,267 – to do that in only a month I am left to wonder if he is a stock broker by profession.

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