How I Earned $60,000 in the Stock Market

Too bad it wasn’t real money! We have something we do at work that is like a stock market game. I think it’s really clever and it could be a real force for progress in my company. What they do is have employees submit ideas – all kinds of ideas. Some of them are very specific ideas that relate to a specific department or process, but other ones are very general ideas such as recycling paper or changing the way we run our ATM’s. In case you don’t know, I work in the back office of a large bank (which shall remain nameless for blog anonymity).

What they do is set it up like a stock market. Each idea has a starting price of $25 and each trader in the market is given $5,000 in play money to invest. As people invest in each idea, the price goes up, so if you can buy an good idea real cheap and hold onto it for a while, you can really score big. For instance, on Friday, I bought 150 shares of Solar Power for $40. It turned out to be the winning idea and it went up to $263 by the end of the day, so I made a ton of money.


The markets usually run for a week or two and the ideas that make it into the top rank get passed up to upper Management for possible implementation. Then every day, they post the top 10 traders out of the 400 traders and how much they earned. I’m very competitive and I usually like to be in the top 10 so I can be on the list.


This week, I was smokin’ hot! This was the playoff market where they took all the top 16 ideas from the previous markets and did them kind of like basketball playoffs where they pit them against each other in brackets. We had to predict which ones were the winners in each brackets and place our trades accordingly. 


Luckily, I managed to pick EVERY single winner, so I tied for first place in the predictions. The guy I tied with was the creator of the whole stock market, so I think he had a bit of an advantage and I was pretty proud of myself for tying with him.


Then I managed to get into the market early enough to catch most of the winning ideas really cheap, so I was averaging about $5,000 a day in dividends. Sure enough, by the end of the week, I was the #1 trader as well as the winner in the predictions. There should be a prize in there somewhere for me, but I deleted all the E-mails, so I don’t know what the prizes are, but I sure had a lot of fun. (PS: 10% of my dividends would be nice! I’m just saying….)

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