TheSnapper's Bank: $1 497,39
TheSnapper's Start Bank: $198,00
Mr. Kelly's Bank: $3 241,99
Mr.Kelly's Start Bank: $20,00
Longshot Larry's Bank: $204,07
Longshot Larry's Start Bank: $100,00
Shannon's Demon: $1 752,25
initial investment: $1 837,98
profit: -$85,73
Total: $4 539,72
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Thanks to the recent market decline, my investment fund is almost large enough to actually begin work. The way it works is that I have 50% invested in stocks and 50% invested in bonds. The stocks have declined in value thanks to those free-loving, free-lunching Greeks and other Mediterranean-types, the current awful state of government debt around the world, Europe in particular.
Anyway...my stocks have declined in value by almost 3%, and now make up only 49% of my funds. I will now convert bonds and buy more stocks as the prices continue to decline. The idea is that the markets will eventually recover and I will have bought lots of stock on the cheap. Shannon's demon tells me exactly WHAT to buy or sell, WHEN to do it and exactly HOW MUCH capital to use. I think it is just so cool...!
At the moment, the demon is telling me to sell some bonds and buy some more stocks...but since the fund is so small, I will have to wait to make even a minimum order!