Saturday, August 27, 2005

 

The Details

Welcome to the Richdad3 official blog! As you probably know Richdad III is a trading contest sponsored by R3I, hosted by investopedia.com. Each contestant will recieve $100,000 in play money to start with, and through the course of the contest can grow their accounts by:

-trading stock
-shorting stock
-buying on margin
-trading options (NEW addition)

There is no experience necessary; whether you are a professional trader or just starting off, the contest is designed to help you either expand your current horizons, or start fresh and learn! The contest does not start till October 3rd, but getting yourself registered early is still important. You can trade through investopedia till the contest begins.

How to get yourself Registered:

1. Go to investopedia.com and register your stock simulator username (a link is given on the side of the blog).
2. Submit your registration email form (below)
3. Recieve contest password
4. Start trading on October 3rd!!

Registration Form:

Title your email "Richdad 3" and include the following (please email to Blain at Jawz142@yahoo.com):

First Name:
Last Name:
Richdad.com User Name:
Investopedia.com User Name:
Email Address (please make sure it will be around till Jan. 06):
Under 18? If so, parent’s approval: yes or no

1. What are your goals in regards to the contest?
2. How did you find out about our contest? Friend, Richdad forums (if so, which section?), other: _______
3. Did you compete in the last Richdad contest? If so, what place did you get?

What about personal information? R3I does not need to know any personal information such as address, phone number, etc. until you are declared a winner. Prize winners will be contacted via email at the contest end. This setup was used for Richdad 2, and will be used for Richdad III; thank you.

Other Important Information:

The official list of prize money will not be released until the contest begins. R3I currently has $100 in prize money to be rewarded. If you would like information regarding how the prize money will be dispersed, please email Mark Zimmer for more information.

The trading rules can be found once you join the contest. Shorting, buying on margin, options, etc. are all going to be allowed for this contest. If you would like any of the rules to be better explained feel free to email me. We will be explaining the new rules on the blog later in September.

Questions?

If you have any questions at all please feel free to post up a comment or email Mark or I directly. Our emails can be found in our profiles, on the Richdad site, or within the blog. If would like to sponsor or would like to obtain information on sponsoring, please email me at my corporate account to recieve more information. Thanks and have a great day!

To the future,

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