Author Topic: Ready to go tomorrow (update, it's live already) with a number of new features  (Read 2510 times)

Patrick

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http://www.investorchallenge.co.za/?p=53
« Last Edit: April 22, 2013, 02:22:25 pm by Patrick »

gcr

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Re: Ready to go tomorrow (22 April) with a number of new features
« Reply #1 on: April 22, 2013, 01:57:48 pm »
This is a much more preferable competition in my mind than others - as this competition does not allow you to sell shares. However with the feature of adding R 100,000 per month the months of November and December could see the investor buying speculative shares as they only have 60 days or less to buy shares and then still try and make a profit out of it. This would appear to be an annual competition so maybe still work on the overall sum of R 1.2 million but spread the monthly increment over 10 months - so effectively making it R 120,000 per month. Thus by end October you have all your funds available and don't need to buy speculative shares in the last 2 months of the calendar year. Just a thought for consideration 
Not everything that counts, can be counted, and, not everything that can be counted counts - Albert Einstein

Patrick

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Thanks Graham. I like the idea of avoiding speculation, but it'd be a ton of work. Like literally a ton! The R100k figure has been hardcoded all over the show, from pages, to my cron jobs etc.

I'll look into hat happens after December when we get closer to the time. Most likely we'll record the winners on the 31st dec and then start again.

Cheers.