Million Dollar Dish

I'm getting really tired of these guys and their sign.

For Today...

Currency Trading is Finally Back

CNBC sent out an e-mail today that the "Currency Trading in the Million Dollar Portfolio Challenge will be operational as of Wednesday, May 21st at 9:30am ET."

Last Week's Leaders

Good luck to everyone during Week Two!

Today's Bonus Bucks Answers

The members of ChallengeChat.com are working on putting together today's Trivia Answers : CNBC Bonus Bucks Answers

Introducing ChallengeChat.com!

Since the Portfolio Challenge begins today and 94% of you said you'd like to join an online forum to discuss the Challenge, I'm happy to introduce:

CNBC Portfolio Challenge Chat

Trading Starts in 3 Days

How to Win CNBC's Million-Dollar Portfolio Challenge (Motley Fool)

Last year, right before its annual contest started, I wrote an article about how to win CNBC's 2007 Million-Dollar Portfolio Challenge. Now that the fantasy stock-picking game is back (following some retooling because of possible cheating by a number of Class of '07 participants), I thought I'd revisit the concept of how to win it -- and the $500,000 which goes to the winner.

Get ready to get smarter
The first thing to keep in mind at all times is that this is not a contest to identify or test investing acumen. Superior investing returns are properly measured over years, and are achieved by taking an appropriate level of risk.

A two-month long contest that rewards only the very top performer each week out of a crowd of what will be hundreds of thousands of participants (each of whom may enter five separate portfolios), is not testing your abilities or intelligence as an investor. To come out on top of a very large group of competitors measured over such a short time period is simply a matter of luck.

That said, the best way to put yourself in the way of the good luck necessary to win the contest is to take the absolute greatest amount of risk that the contest allows. In other words, simply increase the randomness and volatility of your results. To do less, is to simply acknowledge that you're not in the contest to win.

Continue reading the rest of Bill Barker's article at Fool.com

Multiple Portfolios

For this year's Million Dollar Challenge, CNBC is going to let you have up to 5 portfolios within one account.

Email from CNBC

In case you haven't signed up for the Million Dollar Challenge yet, here's an email CNBC sent out today:


CNBC's giving away $1,000,000 in annuities and 10 unbelievable weekly prizes. All you need to do is register with a CNBC.com account; then, on May 12 you can create five separate portfolios, each with $1,000,000 CNBC Bucks, - $900,000 for trading stocks on the NYSE, NASDAQ & AMEX, plus $100,000 for trading currencies.

Earn bonus bucks with daily trivia questions and trade currencies in real-time all the while competing for posh weekly rewards.

6 PLAYERS WILL WIN A PIECE OF THE $1,000,000 PRIZE POOL:

Grand Prize: $500,000
1st Prize: $250,000
2nd Prize: $100,000
3rd Prize: $50,000 (3 Winners)

10 PLAYERS WILL WIN INCREDIBLE PRIZES:

Week 1: World Series Tickets
Week 2: The Cloister at Sea Island Weekend Getaway
Week 3: Sony Style HD Home Entertainment Package
Week 4: Jamaica Getaway with Blue Star Jets
Week 5: Set of two TAG Heuer Timepieces
Week 6: ANNIKA Academy Golf Outing
Week 7: Turks & Caicos Getaway with Blue Star Jets
Week 8: Weekend in a Bentley
Week 9: World Series of Poker
Week 10: Super Bowl XLIII