CNBC.com's "Million Dollar Portfolio Challenge" gives bonus bucks to people who correctly answer trivia questions.
Find the answers here in our discussion forum.
Of the contest, CNBC writes:
- In CNBC.com's Million Dollar Portfolio Challenge, you play the market starting with $1,000,000 CNBC Bucks. Every day you'll be ranked based on the size of your portfolio, and each week we'll award a winner $10,000 for earning the largest weekly percentage gain. At the end of ten weeks, the weekly winners, plus the ten highest ranked players - will qualify for THE FINALS.
- On May 14th, those twenty street savvy investors start all over with $1,000,000 CNBC Bucks in a brand-new portfolio. They'll compete to see who can build the biggest portfolio in just two weeks - it's a winner-take-all challenge for $1,000,000 (that's real money!)
- So whether you're in from the beginning or late to the game, have a strong long-term strategy or one solid week, you can make it to the finals for the chance to win $1,000,000!
Every day the market trades, contestants can earn "Bonus Bucks" by answering one or both trivia questions. They want you to search their web site and watch videos to find the answers. We can share the answers here with each other and save time. I think having "Bonus Bucks" makes it somewhat of a "Bogus Contest" since you are not rewarded for investment skill alone. As such, I have no problem trying to "level the playing field" here so we all have the correct answers to better compete on trading, guessing and investment skills.
Here is one of today's CNBC Bonus Bucks Trivia Questions:
- The Correct Answer is "Home & Apparel"
- Question 2 worth $1,000 Bonus Bucks: : "Wal-Mart reported lower than expected February sales today. In what two areas did they see continued weakness?"
The video question is worth $2,000 Bonus Bucks. Check the discussion forum to find the answers, bad guesses, etc. that others post.
Link to enter the contest.
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Kirk Lindstrom: Answers & my words are general in nature, are not meant as specific investment advice, and do not necessarily represent the opinion of anyone but Kirk. Individuals should consult with their own advisors for specific investment advice.
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