nun bet

This Invest in Israel weekly update is going to be short and sweet. I have lots of work to do and this darn cafe closes in a couple of hours. You know how the internet is such a time suck. If you’re new to the Invest in Israel series - WHERE HAVE YOU BEEN?! Seriously, welcome and check out this first post to learn more about the whole deal. Basically, Invest in Israel is a series of blog posts where I am tracking the performance of two stock simulations. One game (Invest in Israel) is tracking an $1000 investment divided about equally among eight stocks. In the other game (First Israel Fund Game), I have invested almost $1000 in the First Israel Fund which is a “non-diversified, closed-end management investment company that seeks long-term capital appreciation by investing primarily in Israeli securities.”

Here’s where we are this week:

Invest in Israel Game: This group of stocks fell slightly overall from last week. Right now we’re seeing a gain of 4.04% on this group of stocks since the beginning of the game. Fundtech Ltd is our leader again this week with a gain since the beginning of the game of 10.81%. Elbit Systems follows closely behind at 9.23%.

First Israel Fund Game: I am pleased with the performance of this fund. It has made a slight gain again this week. It is up 10.76% since the start of the game.

It’s beginning to be pretty clear that even without a business degree or any experience in the stock market that you can make money by investing in Israel.