It’s one month into 2020. A new year, a new decade full of opportunity. At Wall Street Survivor, our New Year’s resolution is to help as many people as possible change their financial futures, and to help them have fun doing it!
ALSO READ: 5 Things Your Insurance Advisor Will Tell You That You Should Ignore
That means, this month we’re shaking things up with our SURVIVOR 2020 CHALLENGE.
Here’s what you need to know. The competition runs February 3rd-February 28th, 2020 (but you can join anytime). Every trader starts with $100,000 in virtual cash through their Wall Street Survivor portfolio. The goal is grow that $100,000 as much as possible before the end of the competition.
The more you grow your virtual portfolio, the more real money you can make! In the spirit of 2020, the top five traders at the end of the month are going to walk away with $$$ in their pockets PLUS one random trader who places 6th-20th.
- 1st: $500
- 2nd: $250
- 3rd: $100
- 4th & 5th: $50
- One random trader 6th-20th: $50
INVESTING TIP #27-- HOW TO GET FREE STOCK!
Get Up To $1,000 in Free Stock with Robinhood--the
Open a new account and receive one free stock valued at up to $500! Then, once your account is open, get more free stocks (value from $5 to $500) for each friend, family, person you refer!
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(prize money distributed as Amazon gift cards)
If my math is correct that’s $1000 in prizes for this month’s competition! Ready to get started? Join the competition here!
How To Register
If you already have a WSS account, log in and click “Recommended” leagues on your Dashboard page, then join the Survivor 2020 Challenge!
If you don’t already have an account, click here to register directly into the Survivor 2020 Challenge.
- Each individual is allowed only one portfolio in any contest
- Winners will be contacted by email to receive their prize. This must be the email address associated with your account. If you need to change your email address, contact firstname.lastname@example.org
- Every contest has a starting portfolio value of $100,000 USD, allows only US equities, ETFs, and cryptocurrencies.
- Day trading and short selling are permitted in all contests
- 500 max trades per account
- 25% position limit
- Margin trading is allowed. 8% interest will be charged on loan balances
- All winners will be audited, and disqualifications will take place at our team’s sole discretion
- Winners must claim their prize within 30 days of the results being announced
- We may ask winners to provide a photo ID upon claiming their prize as part of our auditing process.
WALL STREET SURVIVOR'S BEST OF THE BEST LIST
MARCH 23, 2020: URGENT UPDATES TO HELP YOU MAKE MONEY WHEN THE MARKET IS DOWN!
The markets have dropped over 30% since their highs just a few weeks ago because of the Coronavirus, but we are starting to see more signs that this might be a PERFECT BUYING OPPORTUNITY:
#1. HOT Fool Picks in Spite of Crash. Here is why we love the Motley Fool--On Thursday, March 19, 2020 they recommended Zoom Video (Ticker ZM) when it was at $124.
Today, March 23 it closed at $160, that's up 29% in 3 days! But that's not all, they also recommended it October 3, 2019 when it was at $77 so that is up 108% since they picked it back in October, in spite of the market crashing 30%. Other recent picks are TSLA, NFLX and TTD which are all UP since they were picked!
#2. Stock Prices Are Down 30%. This is a good thing! If you are thinking of buying stocks, now's your chance to get quality companies at much more affordable prices. This offers a very attractive entry point, because stocks are ON SALE and you can now buy quality stocks for 30% less than you would have paid for them in February.
#3. More Articles Are Starting To Recommend Buying. As we are nearing the bottom of this drop, we are starting to see more articles like this: BlackRock is suggesting we may be at a "once in a lifetime opportunity", Morgan Stanley says to start buying, and Warren Buffet has a stock pile of cash and rumors are he is starting to buy.
#4. Dollar Cost Averaging Works! Since nobody knows where the bottom will be exactly, smart investors continue to invest a fixed dollar amount in the market each month. This is called Dollar Cost Averaging. That way, when the markets are down you are buying more shares of your favorite stocks at cheaper prices. This helps drive down your average cost and increase your profits when the stock market moves back up.
If you need recommendations for stocks to buy now, keep in mind that the Motley Fool Stock Advisor beat the market by over 30% the last 4 years, and they are currently recommending that NOW IS THE TIME to start buying some of those quality stocks that should make up the foundation of your portfolio. The Motley Fool Stock Advisor service is recommending at least 15 stocks that you should plan on holding for the next 3 to 5 years. So, if you need investing ideas, it is a PERFECT time to consider the best stock newsletter over the last 4 years--The Motley Fool Stock Advisor
Normally it is priced at $199 per year but they are currently offering it for just $99/year if you click this link.
P.S. this offer is still backed by their 30-day money back guarantee.
P.S.S. Still skeptical? Read this complete Motley Fool Review.