Think you can't make money while stocks struggle? Here's how three of the top everyday investors did it in the Strategy Lab Open competition – without taking wild risks.
With recession on the forefront of investors' thoughts, those of us running the Strategy Lab Open thought it would be a good time to share some stock strategies from some of our top-performing contestants. These three contestants have shown that a volatile market is no reason to lose money.
Yes, these competitors in the tournament to win a spot alongside the pros in the next round of Strategy Lab are amateurs. But with five-month gains ranging from 34% and 49%, it's clear these stock pickers know what they're doing.
Below are the returns of three of the Strategy Lab Open's top performers compared with the major indexes:
Players | Indexes | ||
---|---|---|---|
Sayed Shah | 49% | Dow($INX) | -0.7% |
James Shao | 46.8% | Nasdaq($COMPX) | 4.1% |
Vad Yazvinski | 34.2% | S&P 500($INX) | 1.3% |
Not too shabby, right? Read on to learn about the strategies behind the gains....MORE