Mary Sue Williams, waitress and former welder from St. Clairsville, Ohio, is the winner of the Million Dollar Portfolio Challenge, CNBC announced Friday. Williams, who has never owned a stock, was placed sixth overall in the last ranking, but prevailed after disqualifications resulting from verboten after-hours trading and manipulation of real stock prices for simulated portfolios. She will receive $100,000 upfront and $36,000 per year for 25 years, the Associated Press Reports.
Williams, 46, says she looked for stocks of companies with low debt levels and picked one stock a day to buy.