Ask HN: Quick Help with Investment Competition
Hi Everyone,
Looking for some quick advice. I'm in an investing competition and here are the rules.
-Start with 100k -Must own 5 different stocks at a time -No transaction costs -Must sell/buy one stock a week -Goes on for 10 weeks.
I need to maximize my return. Should I just buy some on-the-rise stocks and ride em multiple weeks, and sell when they start to drop? This doesn't last long obviously, so no reason to try to grab something trending down.
Any stocks in particular you think of as good for these first few weeks? Small consistent safe bets are what I'm looking for.