The
CNBC.com Million Dollar Portfolio Challenge is a stock picking
contest which gives you $1,000,000 CNBC Bucks to create and manage a
fictional portfolio of NYSE, NASDAQ, and AMEX traded stocks.
Stocks may only be bought and sold. Short selling, margin buying,
and the trading of derivatives, options, bonds, mutual funds, exchange
traded funds or other securities is not allowed. Only stocks which
had a market capitalization of over $500 million dollars on March 2,
2007 are eligible for trading in the challenge. You can place up to 50
stock trades per day, but all stock trades will priced using the closing price
on the day the order is placed. The official rules of the
challenge can be viewed
here.
In addition to receiving $1,000,000 CNBC Bucks to start with, two daily
trivia questions about the stock market are posted on CNBC.com. If
you answer these two trivia questions correctly, your portfolio will be
credited with an additional $3,000 CNBC Bonus Bucks to use for future stock
purchases.
2008-04-29
Tags: enter the cnbc contest
