In this investment portfolio simulation, you and the bean counters, will invest and manage a

fictitional amount of $$1,000,000$ during next three weeks. The simulation includes two fictitional

accounting periods. The first period is from April $19$ to the end of April $30$; The second starts on

$2$

May $1$ and ends by May $10.$ Assume that these investments in equity securities provide your

company less than $20\%$ of interest over the investees. You will invest and manage your fictitional

$$1,000,000$ pursuant to the following rules.

Portfolio Rules:

At least $80\%$ of your fictitional $$1,000,000$ must always be invested in equity securities $($not

debt securities nor derivatives$).$ You may leave up to $20\%$ in cash.

You need to begin with at least three but no more than ten equity securities in your portfolio.

Start simple but don$$t put all your eggs in one basket.

You make market orders $($not limit orders$)$ in the simulation. You can find real time share prices

of different equity securities on the internet, for example, Yahoo Finance and Google Finance.

You are not required to research companies to form your investment portfolio or to make

trading decisions. You may research if you wish, but you may simply choose companies whose

logos you like or randomly throw darts to select companies.

You may make as many trades as you wish. Flat commission and other fees will be charged at

$$100$ per transaction in the simulation. While you may have many trading activities, you will be

assessed on a specified set of transactions as described in Assessment Rules.

Accounting Rules:

You need to keep a complete description of your investment activities, including $(1)$ transaction

date, $(2)$ nature of the activity $($i$.$e$.,$ purchase, sale, or holding of equity securities$),(3)$ name of

equity securities$,(4)$ number of equity shares bought or sold or held, and $(5)$ share prices.

For accounting purposes, assume all your investments provide holdings of equity securities of

less than $20\%$ ownership of the investees. If you have any cash in your portfolio, cash is cash $$

its value does not change.