I like it because they provide me with $1,000,000 in play money that I have set up a hypothetical portfolio with. These are all the stocks that I track on my watch list and my objective is to see what happens when I invest the whole million in one day on all these stocks. I will not be comparing it to my own portfolio, but just to see how it does against the S&P 500, which Marketocracy provides me with data on.
On August 10th I opened up the portfolio and did some mass buying. The timing of this had nothing to do with the recent downturn we have seen, but I suspect over the long term this is going to work in my favor. Here are the stocks in the portfolio and their returns to date (although a very short period of time!).
My plan is to watch this portfolio and report back on it from time to time. If you have any questions, please let me know.
The very best stock on the market now is CROX. do not look at any others. It could break out again soon after this sell off.
Thanks for the comment Mark, however I don’t know if it fits my dividend criteria. I do love the shoes however, my whole family has a pair.
The Dividend Guy
Do you know anything about FOLIOfn at www.foliofn.com? You might want to take a look? Marketocracy signed a deal with FOLIOfn in February to offer a mFOLIO Program of professionally managed personal portfolio accounts for the retail investor.
Creating a Folio on www.foliofn.com is much like creating your own ETF or fund — investors can
select a group of securities, choose the weightings for those securities, and
with one-click, purchase the entire Folio.
> FOLIOfn is the next generation offering after mutual funds and unparalleled
in what they offer investors.
> The self-directed investor can appreciate FOLIOs which are cost effective way
to create and manage a diversified portfolio of up to 50 securities, including
stocks, mutual funds and ETF’s. With a single click, investors can create and
manage multiple FOLIOs.
Regards.
Susan Assadi
Thanks, and completely agree with you.
Hi Susan,
I don’t know much about FOLIOfn - thanks for the info though.
TDG