| Who is the best investor... on this forum :-) ? -
2nd October 2008
Hey people,
Let's play this game:
Everyone has 10,000 USD to invest in the markets.
Every transaction costs 20 bucks + the price of your deal (i.e., to buy X shares it's 20 bucks, to sell Y shares it's 20 bucks).
How do you invest this money? Let's keep track of what every participant is doing and we'll see who can get the best returns on investments :).
For simplicity let's assume you have the following choices:
1. Invest in stocks (NYSE, NASDAQ, ... of course with currency conversion if the market is not in USD).
2. Invest in GOLD, PLATINUM, OIL....
3. Invest in currencies (USD, CAD, EUR, ...).
4. Interest savings account: 3% per year, compounded monthly (i.e. 3/12% for simplicity)
We're assuming we don't have margins. I.e., you cannot buy for more than your available cash.
Let's also say that you can short stocks. For simplicity, let's assume that to short x USD of stock y, you need to temporarily not lock X>x dollars of your account. In case the total value of the stocks increases beyond X, you're forced to rebuy the stocks.
Everytime you make new transactions, or every week or so, you list your positions, available cash and total net worth :), we can then rank members.
Let's spend 3 days to come up with a list of rules and let's play! |