Monday, April 30, 2007

CNBC Million Dollar Portfolio Challenge - IBN Network Update

As part of the Investors Blog Network (IBN) Festival #4, a portfolio was submitted to the Million Dollar Portfolio Challenge. Here is the status of the IBN Network Portfolio at the market close on Friday, April 27, 2007:


Portfolio OpenedMarch 21, 2007
Stocks Purchased

Avnet (AVT)
Bruker BioSciences (BRKR)
Intuit (INTU)
Apple (AAPL)
Millicom International (MICC)
Gol Linhas Aereas Inteligentes (GOL)

Cash Position


Portfolio Value

$1,133,000 (top 9% in ranking)

Gain to Date

13.3% (7.5 % from bonus bucks)

Since there are only two weeks left in the contest, it does not look like this portfolio will be in the top 10 finishers at the contest completion. However, the portfolio does show the IBN Network has made some good stock picks.

For more on Strategies and Plans, check back every Monday for a new segment.

Photo Credit:

This is not financial advice. Please consult a professional advisor.

Copyright © 2007 Achievement Catalyst, LLC

No comments: