Stock Market Lessons
I picked three stocks to invest in, Google, Apple, and TJX Companies Inc. I picked Google to invest in for various reasons. Google is a global company that is used a lot by people because it is so easy to use. When I looked at Google's background information it showed that according to the data Google's worth should go up. I also chose to invest in Apple because it is a very popular company that is always creating new things. Also when I looked up stock market information about Apple, I saw that the prices of its stocks had been growing rapidly. I also bought stocks from TJX Cos. Inc. because each stock was relatively cheap at less then $40 per stock, so I could get a lot of stocks. TJX also seemed to have a very good record because the prices for individual stocks seemed to be climbing. I picked all of these stocks for different reasons, but they all had one thing in common, optimistic background information.
After all of my stock market research, I have a few changes that I would have liked to make. When I finally sold Google, after 24 weeks, I was actually losing money on it. To change this, I would have either not bought Google to begin with, or I would have sold it on December 31, when it had temporarily rose up about $50. Now, after watching Apple for 24 weeks, I think it would have been better if I had bought more Apple stocks because they made me a lot of money. I also should have bought more stocks from TJX because all of these stocks have made me small amounts of money. I also would have sold TJX stocks at week 23, when it was at my record high of $47.69. Although I would change a few things about my stock choices, I still think that my original choices were fine because in the end I made a lot of money.
After watching these stocks for 24 weeks, I have learned many things that would benefit anyone interested in buying stocks. If anyone is interested in buying Google, I would suggest selling this stock whenever it is at a high price because this stock continually changes quickly. I think that Apple is a great stock to invest in because this company is always coming out with new stuff, that makes its worth even higher. TJX is also a very good stock to invest in because although each individual stock only rose about $8, when you have a lot of stocks, you make a high profit. Also, for any stock, it is always important to check the background, and reliability of each company before you make any decisions.