CNBC’s Million Dollar Portfolio Challenge: Results

CNBC It’s been a while since I checked up on my CNBC’s Million Dollar Portfolio Challenge account. And oops, the contest ended a couple of weeks ago. I can’t view my last standing anymore. Bummer.

If I remember correctly, at one point I was at the 2% mark. Not bad. Not good enough to get onto the leaderboard, but not bad.

How did my stocks do, though? Hmmm, let’s take a look. Here are the prices as of last Friday’s close.

Symbol % Gain
AEIS 23.64%
AKAM -9.79%
COG 19.51%
CTSH -11.44%
NTE -4.63%
VCLK 30.67%
YHOO -5.71%
Total 5.20%

Eh, not bad for a few months. It was diversified enough (relatively speaking) to weather the volatility of these growth stocks.

I should note that I changed my strategy halfway through the contest. Instead of keeping this portfolio, I created a total of six accounts, each holding just one of these stocks. The AEIS account is what got me to the 2% mark. VCLK didn’t pop until after the contest. COG also split, giving me some nice gains.

What does this all mean? It means I’m not going to become a day trader any time soon. But 5.20% ain’t bad. At least I beat the banks by a few tenths of a percentage.

Author: Mike Lee

An idealistic realist, humanistic technologist & constant student.

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