Tuesday, October 24, 2006

ShareOwner magazine celebrates 20 years with a money-making tournament

ShareOwner magazine has been around for 20 years, with a loyal following among people who love to follow stocks with a particular avidity. It is a combination of a publication and a buying club and now, it is celebrating its 20th anniversary with a new contest or "tournament", that allows even more of a competitive flutter for readers.

The grand prize in the "Double Scoop" tournament is $10,000 for the participant whose portfolio gains the most in the year starting January 1, 2007. There are 20 other prizes ranging from $5,000 down to $100. (The name "Double Scoop" reflects the possibility that a participant could get a capital gain and win a prize.)

"The opportunity to invest a modest amount of your own money in a diversified portfolio makes for an educational tournament that pretend money just can't duplicate," said John Bart, publisher of ShareOwner magazine, the tournament sponsor.

Partcipants invest $1,000 in their tournament portfolio, choosing from a list of 150 prominent Canadian and U.S. securities selected by ShareOwner. They can divide their $1,000 any way they wish. There's no charge to enter or to buy or sell or to cash out at the end. And because of the way the portfolios are set up, they are covered under the Canadian Investory Protection Fund.

To find out more, go to the magazine's website. You can also download a free trial issue.


Post a Comment

Subscribe to Post Comments [Atom]

<< Home