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The Motley Fool and Microsoft Corp. today announced the kickoff of The Motley Fool CAPS MSN Stock Challenge, an online investment contest created in response to the increasing popularity of the CAPS stock rating service on MSN. Contestants in The Motley Fool CAPS MSN Stock Challenge will create their own “fantasy” stock portfolio using the information from the CAPS community of investors, and then see how their portfolio performs over a period of 15 weeks. Through the competition, contestants will be able to learn about smart investment choices without risking real money while competing for amazing prizes weekly and a grand prize of $15,000 cash.
MSN Charm Quest
To win The Motley Fool CAPS MSN Stock Challenge, contestants must earn five charms in the MSN Charm Quest. Players are awarded charms throughout the course of the competition by completing certain tasks such as creating a blog or by reaching certain measurements of success such as having a stock pick with a score of 100 or more. The winners will be the three entrants who have earned all five charms and achieved the greatest increase in their portfolio value as measured from March 12, 2008, through June 26, 2008. The grand prize winner will receive $15,000 cash and the title of MSN CAPS Champ; the first runner-up will receive a four-day, three-night trip to New York; and the second runner-up will receive a four-day, three-night trip to Las Vegas.
In addition to a chance to win these prizes, all participants will be entered into a weekly sweepstakes to have a chance to win prizes such as gift cards, flat-panel TVs and much more. New CAPS users will earn a sweepstakes entry for registering for MSN CAPS and making seven stock picks, and earn an additional entry each time they log in. More information about the contest, including full official rules, is available at http://stockchallenge.msn.com.
“The MSN stock challenge is a great way for investors to both learn and put their investment ideas to work,” said John Keeling, senior vice president of Fool.com. “With the addition of CAPS community-generated stock ratings to the other financial tools found on MSN Money, anyone can get the information they need to create a stellar profile.”
“Cool, innovative new ways to help our consumers make smart financial decisions is what MSN Money is all about, and through this fun, fantasy game-like experience with The Motley Fool, we are doing exactly that in the investing arena,” said Chris Jolley, group manager for the Financial Products Group at Microsoft. “This is especially important given the current market conditions. We’re also excited to strengthen our relationship with The Motley Fool and continue collaborating with the company to help make the important task of investor education more fascinating.”
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LOL i have to say it....
the reason for a fantasy stock exchange is because today the real stock exchange will give most people heart attacks as much as its flip flopping.... i mean jesus it has a giant biggest gain ever day followed by a crash followed by a rebound and then another crash its rediculous.