Free Money With Updown.com (follow-up)
On Saturday I posted a simple way to always make money on UpDown.com. I’ve been thinking through that some more in the past couple days, and wrote a little tool to help me decide which stock would have historically done the best in my scenario.
The goal is not necessarily to select the best performing stocks, but rather to avoid diversifying, and select a group of stocks that all perform the same. That way if the stocks to well, your portfolio will do better than the more diversified S&P 500 and your virtual portfolio should outperform it, meaning that you make real money. If the group of stocks do poorly your own portfolio will do poorly, but the portfiolio of your partner, who has mirrored your own portfolio, will do well, and they will earn money.
I wrote a quick tool to help me pick a group of stocks. Simply put in at least 5 stocks, and how much money you would invest in each of them, and it will tell you how they have performed if you would have purchased them 3, 6, 9, and 12 months ago. I compares those to how the S&P 500 has done during the same period.
The tool is available here, and a sample with 200k in each of Google, Microsoft, Cisco, EMC, and Oracle is here.





[…] my follow up post, and my quick stock-picking […]
March 16th, 2008 at 5:14 pm