mimf2006

As a preliminary set of rules for the competition, I propose the following,
for comment and modification if necessary. Only intending or probable
competitors should bother to reply as trolls are not invited!

1) Start with $100,000 or £100,000 or Euro100,000 cash as appropriate.

2) Invest in anything priced on Finance.Yahoo. i.e Funds, Stocks, ETFs or
whatever. Own any number of either, from one upwards or go into cash and
earn interest at a rate you declare. Include distributions and dividends.
Stocks have to have ex-div dates within the 2006 year but dividends paid
after the year ends may be included in the final value.

3) Pay costs as in real life. i.e Buy at offer price, sell at bid price plus
any commissions.

4) Go long or short with appropriate costs. If you buy on margin then pay
interest and fees.

5) Do deals as you would with your broker or fund company at current prices
and post them on the NG as soon as you have the numbers. Put them in as
Transactions in Finance.Yahoo as soon as possible.

6) Competitors will be assumed to be honest and should be largely
self-policing. There is no real money or glory to be had. If you cheat then
you cheat yourself as the learning experience will be distorted. While I
shall check most things I can't guarantee that you will not be cleverer or
more knowledgeable than me in various investment areas. If I query something
then I will expect you to justify it. If you can't then you are out, but I
don't expect this to happen.

7) The winner is the one with the highest number of local currency units at
the end.

8) As an alternative order of merit I will compare portfolios on how much
extra percentage they make above their main stock index, the S&P500 in the
US and the FTSE100 in the UK.

I will send a Yahoo ID and Password to competitors when I have them set up.

Re: mimf2006

I'd like to join too. My portfolio will be mkusuma

thanks, David.

Re: mimf2006

Do I need a password? Thanks for running this. TK did a great job, also.


"David Wilkinson" <> wrote in message
news:dp1mvi$ra0$
> As a preliminary set of rules for the competition, I propose the
> following, for comment and modification if necessary. Only intending or
> probable competitors should bother to reply as trolls are not invited!
>
> 1) Start with $100,000 or £100,000 or Euro100,000 cash as appropriate.
>
> 2) Invest in anything priced on Finance.Yahoo. i.e Funds, Stocks, ETFs or
> whatever. Own any number of either, from one upwards or go into cash and
> earn interest at a rate you declare. Include distributions and dividends.
> Stocks have to have ex-div dates within the 2006 year but dividends paid
> after the year ends may be included in the final value.
>
> 3) Pay costs as in real life. i.e Buy at offer price, sell at bid price
> plus any commissions.
>
> 4) Go long or short with appropriate costs. If you buy on margin then pay
> interest and fees.
>
> 5) Do deals as you would with your broker or fund company at current
> prices and post them on the NG as soon as you have the numbers. Put them
> in as Transactions in Finance.Yahoo as soon as possible.
>
> 6) Competitors will be assumed to be honest and should be largely
> self-policing. There is no real money or glory to be had. If you cheat
> then you cheat yourself as the learning experience will be distorted.
> While I shall check most things I can't guarantee that you will not be
> cleverer or more knowledgeable than me in various investment areas. If I
> query something then I will expect you to justify it. If you can't then
> you are out, but I don't expect this to happen.
>
> 7) The winner is the one with the highest number of local currency units
> at the end.
>
> 8) As an alternative order of merit I will compare portfolios on how much
> extra percentage they make above their main stock index, the S&P500 in the
> US and the FTSE100 in the UK.
>
> I will send a Yahoo ID and Password to competitors when I have them set
> up.
>
>
>
>

Re: mimf2006

"NoEd" <> wrote

> Do I need a password?

More fun to guess.

Re: mimf2006

Yes you need a Yahoo ID and Password. I will send these to all competitors
but make sure I have a working e-mail address for you all. You will be able
to start investing on Jan 3.

David

"NoEd" <> wrote in message
news:
> Do I need a password? Thanks for running this. TK did a great job, also.
>
>
> "David Wilkinson" <> wrote in message
> news:dp1mvi$ra0$
>> As a preliminary set of rules for the competition, I propose the
>> following, for comment and modification if necessary. Only intending or
>> probable competitors should bother to reply as trolls are not invited!
>>
>> 1) Start with $100,000 or £100,000 or Euro100,000 cash as appropriate.
>>
>> 2) Invest in anything priced on Finance.Yahoo. i.e Funds, Stocks, ETFs or
>> whatever. Own any number of either, from one upwards or go into cash and
>> earn interest at a rate you declare. Include distributions and dividends.
>> Stocks have to have ex-div dates within the 2006 year but dividends paid
>> after the year ends may be included in the final value.
>>
>> 3) Pay costs as in real life. i.e Buy at offer price, sell at bid price
>> plus any commissions.
>>
>> 4) Go long or short with appropriate costs. If you buy on margin then pay
>> interest and fees.
>>
>> 5) Do deals as you would with your broker or fund company at current
>> prices and post them on the NG as soon as you have the numbers. Put them
>> in as Transactions in Finance.Yahoo as soon as possible.
>>
>> 6) Competitors will be assumed to be honest and should be largely
>> self-policing. There is no real money or glory to be had. If you cheat
>> then you cheat yourself as the learning experience will be distorted.
>> While I shall check most things I can't guarantee that you will not be
>> cleverer or more knowledgeable than me in various investment areas. If I
>> query something then I will expect you to justify it. If you can't then
>> you are out, but I don't expect this to happen.
>>
>> 7) The winner is the one with the highest number of local currency units
>> at the end.
>>
>> 8) As an alternative order of merit I will compare portfolios on how much
>> extra percentage they make above their main stock index, the S&P500 in
>> the US and the FTSE100 in the UK.
>>
>> I will send a Yahoo ID and Password to competitors when I have them set
>> up.
>>
>>
>>
>>
>
>

Re: mimf2006

Ed. Do you fancy breaking a long tradition and entering this one? You know
you will get no crap from me!

David

"Ed" <> wrote in message
news:
>
> "NoEd" <> wrote
>
>> Do I need a password?
>
> More fun to guess.
>

Re: mimf2006

"David Wilkinson" <> wrote in message
news:dp5dtg$e6t$
> Ed. Do you fancy breaking a long tradition and entering this one? You know
> you will get no crap from me!
>
> David

No thanks, I'll pass. I've got enough to do with my real stuff and the
contest I do play in.

Re: mimf2006

Its a shame you're afraid to backup your BS. You remind me of a drunk
trucker.



"Ed" <> wrote in message
news:
>
> "David Wilkinson" <> wrote in message
> news:dp5dtg$e6t$
>> Ed. Do you fancy breaking a long tradition and entering this one? You
>> know you will get no crap from me!
>>
>> David
>
> No thanks, I'll pass. I've got enough to do with my real stuff and the
> contest I do play in.
>
>

Re: mimf2006

"NoEd" <> wrote

> Its a shame you're afraid to backup your BS. You remind me of a drunk
> trucker.

I don't know any druck truckers. I do know a shithead that claims to belong
to MENSA.

There are several people that post here that participated in a contest that
I was involved with.
They all know I beat Vanguard500 AGAIN, I have no burning desire to prove
anything to you.
I came in 5th out of 7. Vanguard 500 would have come in at 6th but didn't do
half as well as I did
and until December I had a ton of cash. Cash earns nothing in our contest.

I think your contest could learn from that.
Those of you that use a broker in your contest should all use the same
broker.
We simplified that and instead use free trades. In case of a tie or two or
more really close
finishing numbers, we would then use commissions of $7 per trade to decide
the winner.
Because you elect to use different brokers some players hold an advantage
over others.
Because you count MM interest, some have an advantage over others. UK
interest rates are higher than US interest rates, for example.

Re: mimf2006

You make all kinds of crazy claims, spend hours posting and monitoring this
NG, and spend hours "researching" investments, yet you will not even
participate in trivial contest. What else do have to do?




"Ed" <> wrote in message
news:
>
> "NoEd" <> wrote
>
>> Its a shame you're afraid to backup your BS. You remind me of a drunk
>> trucker.
>
> I don't know any druck truckers. I do know a shithead that claims to
> belong to MENSA.
>
> There are several people that post here that participated in a contest
> that I was involved with.
> They all know I beat Vanguard500 AGAIN, I have no burning desire to prove
> anything to you.
> I came in 5th out of 7. Vanguard 500 would have come in at 6th but didn't
> do half as well as I did
> and until December I had a ton of cash. Cash earns nothing in our contest.
>
> I think your contest could learn from that.
> Those of you that use a broker in your contest should all use the same
> broker.
> We simplified that and instead use free trades. In case of a tie or two or
> more really close
> finishing numbers, we would then use commissions of $7 per trade to decide
> the winner.
> Because you elect to use different brokers some players hold an advantage
> over others.
> Because you count MM interest, some have an advantage over others. UK
> interest rates are higher than US interest rates, for example.
>
>
>

Re: mimf2006

"NoEd" <> wrote

> What else do have to do?

It's New Year's Eve, I'm trying to be nice today so I won't answer that.

Re: mimf2006

Ah, the one day a year?/g/

Happy Guy, "Laissez les bons temps roulez"
..
..
"Ed" <> wrote in message
news:
>
> "NoEd" <> wrote
>
>> What else do have to do?
>
> It's New Year's Eve, I'm trying to be nice today so I won't answer that.
>

Re: mimf2006

I make an effort on Christmas and Thanksgiving as well.
Not always successful though. Oh, and our anniversary, and her birthday too.
And Mother's Day. Hey, I have got to trim some of these.



"happy-guy" <> wrote in message
news:O3Btf.46484$
> Ah, the one day a year?/g/
>
> Happy Guy, "Laissez les bons temps roulez"
> .
> .
> "Ed" <> wrote in message
> news:
>>
>> "NoEd" <> wrote
>>
>>> What else do have to do?
>>
>> It's New Year's Eve, I'm trying to be nice today so I won't answer that.
>>
>
>