Congratulations Ravi Ramnarine!

Ravi Ramnarine is our 1st place winner with over 23% portfolio growth! With three months of work Ravi managed to grow his portfolio to $123,057.70 from $100,000 in starting play money. With so much success it is R3I's pleasure to reward Ravi with a $50 check from R3I. Mark Zimmer from Michigan placed second with almost 21% growth and Matt Moss (also from Michigan), placed third with just over 17% growth. R3I is overwhelmed to see so much success and is very proud of all contestants. The final leader board is below:

Rank User Today Week Month Overall Equity

1. Rav 0.00% 0.00% -10.13% 23.06% $123,057.70

2. MDZ 1.73% 1.73% -3.08% 20.82% $120,822.30

3. MossFactor 0.00% 0.00% 0.09% 17.14% $117,137.40

4. JeffBox 0.00% 0.00% -1.80% 5.08% $105,081.70

5. bodysnow777 0.00% 0.00% -0.47% 3.38% $103,375.50

6. thekilrrabbit 0.00% 0.00% 0.03% 2.89% $102,887.40

7. spncr2 -0.18% -0.18% -1.62% 1.45% $101,445.20

8. cnred 0.00% 0.00% 0.25% 0.60% $100,601.10

9. MRaubinger 0.00% 0.00% 0.25% 0.60% $100,601.10

10. coachkent 0.00% 0.00% 0.25% 0.60% $100,601.10

11. Afromegaman 0.00% 0.00% 0.25% 0.60% $100,601.10

12. Stocktrading101 0.00% 0.00% 0.14% 0.60% $100,596.10

13. dtucker 0.00% 0.00% 0.15% -1.86% $98,136.20

14. ATFstud18 0.00% 0.00% -3.27% -2.88% $97,117.40

The S & P 500 grew 6.92% during the contest's three month running. Contestants now have the opportunity to write a paper stating what they got out of and learned from the contest. All submitted papers will be reviewed by R3I staff and a winner will be chosen to recieve $100 in prize money from Geneva Investments out of Chicago, Illinois. Contestants have till September 1st, 2005 to submit their papers. Keep a look out for information regarding the next Richdad contest which will be this fall. A special thank you to all participants, sponsors, and people who assisted me to make this contest happen. As I always conclude,

To the future,

Contest end, Paper Entry

Hey there,

As you may or may not know, the Richdad 2 Contest has come to an end!! It is set up to end this upcoming Monday the 15th so there may be ONE MORE trading day left. If not, Ravi is our winner of the $50 cash prize from R3I with about 24% portfolio growth! (Look for a final Leader Board Posting on the Contest blog next week).

This end also marks the ENTRY for the $100 prize money from Geneva Investments out of Chicago. Anyone regardless of position can enter for this prize money. What you have to do is send me a document describing what you got out of the contest. The sky is the limit on this; you can send me 10,000 words or 10. The more detailed the better! What was your best trade? Why? What was your greatest lesson? What was your best call? etc etc. Write it as a story, write it as a documentary, write it as a fact sheet! THE MORE CREATIVE, the better! The only rule, it must be typed and sent over to me in an attachment by no later than September 1st, 2005. Once all are recieved, they will be reviewed by R3I staff and a winner will be chosen for the $100 prize money.

Once a winner is chosen, they will be acknowledged on the contest blog, on the RDPD forums, and within our email group. You will be able to find this message on the contest blog, http://richdad2.blogspot.com/, and on the RDPD forums under "Richdad 2 Contest Updates". I hope everyone had a great time trading and learned ALOT. I already know some people have opened live trading accounts! Congratulations to everyone on a great summer run and I look forward to reading the $100 entries!

To the future,

Blain Reinkensmeyer

PS - There may be another sponsored contest, until we can arrange one though there is a no end RDPD forums game which you can join here: http://simulator.investopedia.com/Join.aspx?G=16139&PW=Richdad. The contest has no rules and is a great place to trade stocks, options, and short stocks with other forum members. Also, if you have any questions please email me as I would love to answer them for you!!

6-20-05 Leader Board

Notes: Things have gotten more interesting as Ravi (Rav) has extended lead to almost a 26% gain on his portfolio. Mark (MDZ) and Matt Moss (MossFactor) have been battling for 2nd place with Matt Moss up now over 8% and Mark Zimmer up about 7%. Trader JeffBox has started trading and looks to plow into the top four by next month. The hottest place traders have been using to make the money is real estate. KBH has been the biggest gainer for the contest thus far, and Ravi has rode it every step of the way. What the next few weeks hold is unclear, but as long as there is a real estate rush, look for some solid gains.

Bench Marks:

# of Trading days the contest has now been running: 24

% change in S & P 500 during this period: 5.45%

# of Trading days remaining in the contest: 41

June 20th, 2005 Leader Board

1. Rav $125,988.80
2. MossFactor $108,357.60
3. MDZ $106,895.50
4. spncr2 $102,625.00
5. JeffBox $101,652.30
6. thekilrrabbit $101,568.40
7. bodysnow777 $101,547.80
8. dtucker $101,426.60
9. cnred $100,123.30
10. MRaubinger $100,123.30
11. coachkent $100,123.30
12. Afromegaman $100,123.30
13. ATFstud18 $100,123.30
14. Stocktrading101 $98,686.30

Help: When it comes to questions regarding trading, the contest, or anything business related I am always open for emails. I love hearing from people and it is always awesome to find out where people are at in life. You can contact me day or night at Jawz142@Yahoo.com.

Ravi Ramnarine Member Profile

With the contest well under way I took some time to profile our leader from last week, Ravi Ramnarine. From general information to an interview here is Ravi Ramnarine exposed:

Full Name: Ravi Ramnarine
Age: 17
Email: Rav97687@aol.com

Basic Questions:

Q1: "What do you want to get out of the contest?"
A1: "Learning how to make money in the stock market without luck, just skills"

Q2: "Do you have an Investing Idol? If so, who?"
A2: " Warren Buffett"

Q3: "Did you compete in the last Richdad contest? If so, what place did you get?"
A3: "I think 19 or something"

Interview Questions:

Q1: "Tell me about KBH, what were looking for in the trade? Did you have any other prospects in site? What is your goal moving forward for it?"

A1: "First of KBH, standing for K B Homes, is a homebuidling company located mostly in the south of the county and in CA. my reason for picking this stock was because of Warren Buffett I guess. I read that he only buys stocks that he knows about. And that when buying stocks you should look into the company. ...I read the financial statments through the last 4 quarters to see that they were not only able to profit every quarter, but they profit at a great percentage every time."

Q2: "You said your goal is to double your portfolio, what type of trading strategy are you going to apply to get there? Buy one stock an hold it for a long time period or hold multiple companies at one time? Anything specific?"

A2: "Yes I said my goals was to double up. I dont think there was really any kind of strat. used here. It was just knowing that there were going to go up (guess u can call it luck)."

Q3: "Who if anyone are you most fearful of coming up and snatching your number one spot?"

A3: "People I think I fear in this competition are You and MDZ. I have read the forms and all the things you guys say, your opinons and so on. "

Q4: "Any Random comments I can add on. If you want to be cocky, or wish everyone good luck, or whatever, lol."

A4: "Be cocky? lol sorry not me man. I would just like to wish everyone good luck and lets learn from each other. "

Closing Notes:
Ravi is well on his way and is currently holding his ground well. From the interview I found out that Ravi currently is managing a chunk of money his Dad gave to him which he currently has invested in K B Homes. So, between play money and real money he has himself busy taking care of business. Congrats to Ravi on his successes thus far and I wish everyone a great week,

To the future,

Memorial Day Weekend Leader Board

Notes: The first few weeks of the contest were interesting and already some big trades have been made. The biggest to note comes from our current leader, Ravi Ramnarine, picking up 1,600 shares of KBH at a steal price of $61 (the stock closed friday at $66.26). Mark Zimmer, who placed second in the last contest, is also worth noting thus far showing about 6% growth in his portfolio. Matt Moss is currently sitting in third place with the competitive 14 year old, Spencer Toth, in his rearview mirror.

Traders have also been taking advantage of the new more realistic trading platform Investopedia offers by doing limit orders, stop limits, and sell stops, to name a few. The most activity by one trader is Dan Tucker who stands with 17 total transactions. Though currently sitting with a -.42% loss in his portfolio, he holds a big position in Southwest Airlines that he hopes proves to be flight worthy in the upcoming weeks. With no trades showing, there stands a few participants including myself, though I am not competing. Look for a long position in Microsoft from me next week.

Bench Marks:

# of Trading days the contest has now been running: 10

% change in S & P 500 during this period: 3.88%

# of Trading days remaining in the contest: 55

Sunday, May 29th 2005 Leader Board:

1. Rav $108,392.00
2. MDZ $105,940.00
3. MossFactor $102,250.00
4. spncr2 $101,624.10
5. thekilrrabbit $100,844.10
6. ATFstud18 $100,000.00
7. Afromegaman $100,000.00
8. coachkent $100,000.00
9. Stocktrading101 $100,000.00
10. bodysnow777 $100,000.00
11. MRaubinger $100,000.00
12. JeffBox $100,000.00
13. cnred $100,000.00
14. dtucker $99,583.08

Help: When it comes to questions regarding trading, the contest, or anything business related I am always open for emails. I love hearing from people and it is always awesome to find out where people are at in life. You can contact me day or night at Jawz142@Yahoo.com.

Concluding Notes: We have a very competitive and good environment established here in the Richdad 2 contest. And, with $150 in free prize money to be won, who would want it any other way? Also, stay in touch with the blog later this week as I interview and find out more information from our leader, Ravi Ramnarine. Happy Hunting and always

To the future,

Cash Prize Distribution

Well, the contest is underway and the next three months our traders will be attempting to take the best out of the market and run them for big gains. Our prize distribution is going to be as of follows:

1. $50 will be rewarded to the player who wins the actual contest without cheating. I am monitering the contest and all portfolios. Investopedia was pretty good when it came to making rules but needless to say it can happen. If you are caught by me you are automatically eliminated from this prize money. (Special thanks to R3I, LLC for putting up this prize money).

2. $100 will be rewarded to the person who can describe in 2000 words or less what they got out of/learned from the contest. Graphs, numbers, positions, etc. are all fair game for this. Once the contest ends you will be given a two week period to type up and submit your paper. I will give more details on this later on but keeping track of your trades and writing stuff down wouldn't be such a bad idea to help your memory bank since this is a three month contest. (Special thanks to Geneva Investments of Chicago, LLC for putting up this prize money).

The first day of the contest was yesterday Monday May 16th, 2005. I will be posting up the leader board every week and doing some other random stuff so stay posted. Have a great day and always

To the future,

Registration Form

Alright everyone, here is the registration form for the summer contest, Richdad II. I literally woke up this morning to find that someone had emailed me at 5:02 AM to get registered before I even released the form, lol. The faster you get this done and email me the better so you know you are in. Once I get your email I will respond with the contest password. My email is Jawz142@yahoo.com.

Title your email "Richdad Summer Contest" and include the following:

First Name:
Last Name:
Richdad.com User Name:
Investopedia.com User Name:
Email:
Age (I don't care what the exact date is):
If under 18, parents approval: yes or no:

(Optional Questions. I may post some of these on the blog)
What are you most excited about when it comes to the contest?
What do you want to get out of the contest?
What are your goals in regards to the contest?
Do you have an Investing Idol? If so, who?
Did you compete in the last Richdad contest? If so, what place did you get?

Important Notes about Signing up: The reason I want your Richdad.com and Investopedia.com name is so I can properly note you throughout the contest. The email address is so that I can email once you won the contest or update you on something big. When it comes to your age that is just to make sure you are in the right range; I don't care for your exact date. Parents approval is by you saying yes that means that your parents have agreed to allow you to receive money if you win (if 18 or over just disregard). Well what about address? I will not ask your address to send the money out to until after. I do not feel a need to know it nor do I want to until I have too [8D]. The Optional Questions are just some fun that I can post on the blog later on. Remember there is no late registration and registration ends Sunday, May 15th at 11:59 PM!!