CNBC Stock Portfolio Update

It’s just money was looking for week one updates. I missed out on week one, but did put in some trades on Saturday. Finally, this morning they updated.

Thanks to a slow internet connection at home (hopefully thats fixed now), I didn’t bother researching the stocks I was buying and made up numbers. Seems like I ended up buying:

  • 10,000 shares of apple worth $898,700,
  • 3 shares of Fedex worth $345.42 (versus the 100 I tried to order), and
  • 222 shares for google worth $100,954 (versus the 1,000) I tried to order.

Wow, google is ridiculously expensive — sheesh.

Obviously, I had some optimistic goals for what things cost — maybe I was thinking we were playing with penny stocks or something. But, I didn’t really want to mess with it and figured picking any company for any random amount would be good enough.

So, maybe I’ll bother adding some diversification — especially since apple is eating up all my dough. I am considering netflix since I just read some good news about the new on-demand online streaming of movies they’ll be offering soon — too bad I wasn’t included in the trial run. However, I’ll prolly just let things stand because I’m not in the mood to mess with the site and it is such a joke anyways since they take forever to even process your orders.

Overall, I think the contest/game is a failure.

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