2023-10-17 05:15:52
Who will win the big stock market game?
The Tamedia partner title “Finance and Economy” is looking for the best investors in Switzerland. The prize is 10,000 francs. It starts on Wednesday.
Shares from 145 Swiss companies can be traded during the game.
Bild: jacoblund/iStockphoto/Getty Images
The first steps on the stock market – without having to invest your own money: This is what you can do the big stock market game from “Finance and Economics”. The starting signal is given on Wednesday: newcomers to the stock market and financial professionals send their stock portfolios into the race. In return, they receive virtual starting capital of 100,000 Swiss francs. Whoever has achieved the highest return following eight weeks wins the main prize of 10,000 Swiss francs.
You can register now here.
The game starts on October 18th and lasts until December 13th. During this time, players can use their virtual capital to buy or sell stocks or increase or decrease their portfolio. For better orientation, the stocks are divided into nine categories, each representing an economic sector. Thanks to real-time data, players are up to date and can see how the value of their portfolio is developing.
At least five stocks
In total, stocks from 145 Swiss companies are available to choose from. These include large corporations such as Nestlé and Roche, but also smaller companies such as the semiconductor supplier Inficon or the Geneva Cantonal Bank. For once, common stock market rules can safely be ignored. The portfolio does not have to be diversified, full risk is not taboo. The only important thing is that the price of the shares increases to the maximum over the eight weeks of play and that at the end there is more money in your own account than before.
However, there are a few simple rules to follow: At least five and a maximum of 20 stocks must be selected. At least 75% of the virtual starting capital of CHF 100,000 must be invested; the rest can be held in cash. In this short playing time, it is advisable to invest all your money.
Players who want to compete with friends can join together in their own league or join an existing one. There are now over 580 leagues registered. The biggest league, FuW, accepts anyone who is interested.
Celebrities get involved
Among the participants there are several celebrities who try their luck. For example, model and former Miss Switzerland Dominique Rinderknecht is involved. Slalom star Ramon Zenhäuser is also invested. In an interview with “20 Minutes” he recently said that he had been interested in the stock market for a long time, but that he was not yet familiar with investing money.
The technology entrepreneur and investor Bettina Hein, who is also a juror on the show “Höhle der Löwen”, has also put together a portfolio. This includes, among other things, the shares of the train manufacturer Stadler Rail and the milk processor Emmi.
Other prominent names include Antoinette Hunziker-Ebneter, founding partner and CEO of Forma Futura and former head of the Swiss Stock Exchange, Marc Bürki, CEO of Swissquote, Thorsten Hens, professor at the Institute for Banking and Finance at the University of Zurich, and Angela Mygind, founder of the financial blog for women missfinance.ch.
Free access to fuw.ch
Participation in the stock market game enables an uncomplicated entry into the stock market. But dealing with stocks takes learning. That’s why all participants receive access to fuw.ch’s entire digital offering for the duration of the game. This means you are always up to date with the latest news, assessments and analyzes from the world of Swiss companies. In addition, FuW accompanies the stock market game with background articles on the stock market, tips for investment strategies and expert interviews.
In the end, the person who achieved the best absolute performance wins – i.e. whoever has the most money in their gaming account. The main prize of 10,000 francs will be awarded in the form of a trading account with the online bank Swissquote, the main sponsor of the stock market game. In addition, awards are given each week to those whose stock selection earned the most money in the previous trading week. It mightn’t be easier to win on the stock market.
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