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Week 4

January 31, 2006

Missed the chance to update yesterday.  Here’s our standings after four weeks.

  1. Hutch $778,159.54
  2. Slothboy $770,782.51
  3. Greg $744,333.80
  4. Jed $739,962.09

Seems the diversification (read not Google heavy) has paid off for me.  And selling off all his Google and spreading out a little more seems to have worked well for Slothboy.

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2 Comments leave one →
  1. Slothboy permalink
    February 3, 2006 11:42 am

    Well, so far this has taught me that the stock market is a sucky way to invest. Yeah, I’m still over my initial $750,000 but only by about $11,000 as of this post. That is only like a 1.4% gain.

    I guess a guy would have to really research a company he was going to invest in. Still seems pretty treacherous to me.

  2. February 3, 2006 2:53 pm

    No kidding! What a fickle, fickle game. Google’s doing great, doing great… and then the floor falls out from underneath them. Might as well just throw all of your cash into a ING savings account at 4%. Way safer bet. 🙂

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