We are now in the sixth week of the CNBC Portfolio Challenge, and it is interesting to see the impact of the Bonus Bucks Trivia Questions. According to my calculations, you could have earned $336,000 upto the end of today, by answering ALL the Trivia Questions correctly.
This calculation is based on $2,000 per correct answer for each daily and weekly Trivia Question. Each day, 6 trivia questions are asked.
For answering ALL six weekly Trivia Questions correctly, you would have got 6 x $2,000 = $12,000.
There have been 5 full weeks so far which is 25 days, less 1 day for public holiday, = 24 days. There have been 3 days so far this week, making it a total of 27 days upto the end of today. Thus 27 days X $12,000 = $324,000.
Maximum bonus bucks so far = $336,000!! This excludes the referral bonus of upto $5,000.
If I have miscalculated above, please post a comment with corrections.
Ok, here is the good news...every trading day I try and post the answers to the day's CNBC Portfolio Challenge trivia questions. All you have to do is bookmark this blog (or subscribe to the atom feed) and check it regularly. Please note that its crucial to enter your answers DURING the trading day. I also try and post each weekly answer.
POSSIBLE STRATEGY FOR WEEKLY PRIZES: Today the stockmarket got slaughtered with the Dow falling 131 points to hover just above the 12,000 level. Many of your portfolios may have lost a significant chunk of their value this week. USE THIS TO YOUR ADVANTAGE AS FOLLOWS:
If your portfolio has really fallen dramatically you could get yourself in the running for the best weekly performance prizes which are based on your %age change for the week. Say, for example your $1,000,000 portfolio has halved to $500,000 as a result of some high risk trades going bad. Well, if next week you do nothing except answer all the trivia questions correctly, you would get $62,000 in bonus bucks, or a return of 12.4%! So if your portfolio is in a mess, make sure you answer ALL the bonus bucks questions correctly, and that will give you a big lift. Naturally, you still have to end up with some winners in your portfolio, but at least you can have fun and a chance at a weekly prize.
Even if you have not joined the CNBC Portfolio Challenge yet, you can still do so. Enter the CNBC Portfolio Challenge here.
This calculation is based on $2,000 per correct answer for each daily and weekly Trivia Question. Each day, 6 trivia questions are asked.
For answering ALL six weekly Trivia Questions correctly, you would have got 6 x $2,000 = $12,000.
There have been 5 full weeks so far which is 25 days, less 1 day for public holiday, = 24 days. There have been 3 days so far this week, making it a total of 27 days upto the end of today. Thus 27 days X $12,000 = $324,000.
Maximum bonus bucks so far = $336,000!! This excludes the referral bonus of upto $5,000.
If I have miscalculated above, please post a comment with corrections.
Ok, here is the good news...every trading day I try and post the answers to the day's CNBC Portfolio Challenge trivia questions. All you have to do is bookmark this blog (or subscribe to the atom feed) and check it regularly. Please note that its crucial to enter your answers DURING the trading day. I also try and post each weekly answer.
POSSIBLE STRATEGY FOR WEEKLY PRIZES: Today the stockmarket got slaughtered with the Dow falling 131 points to hover just above the 12,000 level. Many of your portfolios may have lost a significant chunk of their value this week. USE THIS TO YOUR ADVANTAGE AS FOLLOWS:
If your portfolio has really fallen dramatically you could get yourself in the running for the best weekly performance prizes which are based on your %age change for the week. Say, for example your $1,000,000 portfolio has halved to $500,000 as a result of some high risk trades going bad. Well, if next week you do nothing except answer all the trivia questions correctly, you would get $62,000 in bonus bucks, or a return of 12.4%! So if your portfolio is in a mess, make sure you answer ALL the bonus bucks questions correctly, and that will give you a big lift. Naturally, you still have to end up with some winners in your portfolio, but at least you can have fun and a chance at a weekly prize.
Even if you have not joined the CNBC Portfolio Challenge yet, you can still do so. Enter the CNBC Portfolio Challenge here.
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