Call for Board of Directors is closed
I was looking for several volunteers to be on the Mad Money Machine “Board of Directors” for 2007. This is a unique opportunity for the hardcore investment junkie and Cramer fan (not to mention, fan of the Mad Money Machine!). Thanks all you folks for signing up.
The core idea is that I want to have a team of people, each picking Jim Cramer stocks to try to beat the BUY AND HOLD INDEX in 2007. So instead of just ME trying to pick the winning stocks that Cramer features, we will field an entire TEAM of people each creating a portfolio and choosing stocks that Cramer suggests. Then we will average the results of all players to see if the Cramer featured stocks beat the indexes. (So if we have 20 players, we will divide the total of all of the portfolio’s values by 20 and compare against the index portfolio’s total.) I think this will help provide a more scientifically accurate answer to the question, “Can following Cramer’s advice make us RICH???”
I will create a Private Game at MarketWatch’s Virtual Stock Exchange and you will get the play $100,000 to invest in 2007. You will buy and sell stocks according to Cramer’s suggestions all through 2007. Don’t worry, you don’t need to watch Mad Money TV show every day. You can read summaries of the show at thestreet.com to get his picks. But you will be responsible for trying to make lots of money in your portfolio.
We need to hurry and get started. Ideally, you would have your portfolios started on January 2nd. But I will allow latecomers since it is getting late in the year.
I will periodically average the results and post the scores on the Portfolio Smackdown page. This should tell us with some certainty whether listening to Cramer’s picks will beat the index.
Additionally…
I will seek your input throughout the year on other ideas, more in the vein of being a member of a company’s Board of Directors. And hey, I may have some other incentives to offer you, just trust me. I’ll also put you on my email list of insider announcements about the Mad Money Machine.
I do want to be able to use your real name and may mention your name on the show or on this website. Hey, I may even call you and have you on the show!
If you join the MMM Board of Directors, I’m counting on you to do your part! So please carefully consider your decision.
TO JOIN:
Simply email me at “feedback” at MadMoneyMachine.com with your name and mention Board of Directors and I will send you an invitation and password to join the Private VSE Portfolio Smackdown game. And I will thank you deeply for helping the investment community in this scientific study.