The cost is $20 for members and registrations will be open soon. If you are not an NZSA member you can pay $145 which includes one years membership of the NZSA. On 1 July when the game starts we will email out all registered players a link to their personalised home page. If you want you can register more than once to have multiple portfolios at $20 each!
The rules of the game are pretty simple - you get $10,000 of virtual cash and you can use it to "buy" shares listed on the NZX, ASX, NYSE and NASDAQ. Each buy or sell will cost you 0.3% of the buy/sell amount in virtual cash for brokerage and the winner is the portfolio that is worth the most (cash plus value of shares) at 6pm on 15 October 2021. Net dividends will be credited to your virtual cash account on their payment date.
There will be prizes for the winner and other notable performers along the way. You can do nothing and leave it all as cash, buy an index, trade like a maniac, or any strategy you like. There are no limits other than the amount of virtual cash you have left to play with and it will be fascinating to see which strategies work the best.
To make it easy to use we provide a personal home page where you buy and sell shares and the excellent people at Sharesight have provided unlimited free portfolios which the Share Game uses to track the performance of each portfolio - they can do it much better than we can! Your home page has a link to your portfolio in Sharesight so you can use Sharesight to monitor and report on it and use the Share Checker for investments you are considering. Your home page also has a link to the Leaderboard which shows how all the portfolios are doing - don't worry we don't show names, just numbers!
Detailed information here.