As part of the Investors Blog Network (IBN) Festival #4, a portfolio was submitted to the CNBC.com Million Dollar Portfolio Challenge. Here is the status of the IBN Network Portfolio at the market close on Friday, April 27, 2007:Status | |
| Portfolio Opened | March 21, 2007 |
| Stocks Purchased | Avnet (AVT) |
| Cash Position | 16% |
| 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: CNBC.com
This is not financial advice. Please consult a professional advisor.
Copyright © 2007 Achievement Catalyst, LLC
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