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Investing in the Stock Market
The companies I invested in were American Eagle, Microsoft & Apple because they are popular and big companies. I invested in Apple because their products are extremely popular and Apple releases new products frequently or have new and improved versions. When we bought our stocks it was close to Christmas and people give Apple ipods, macbooks and other must have Apple items as gifts. Many popular companies make big profits during the holidays. American Eagle is a popular teen and young adult clothing store. I love to shop there. Again Christmas was getting close and a lot of people give clothing and gift cards from American Eagle. I chose Microsoft because I knew windows 7 was going to be released soon and they usually do well when they release new software. The Microsoft operating systems are easy to use and consumer friendly. Recently on TV, you see their advertisements for windows 7 frequently.
There are few changes I would make to my stocks. I would buy more shares in Apple because it increased over 60 dollars from the time I bought it and sold it. I would also do more research on the companies before I invest in them.Over all I thought I made good choices for my companies. Microsoft is the only company I would change for a different company because it didn't make much money while we were investing in the stock market. Microsoft stock was a good learning experience because the stock can be unpredictable. In the future, depending on how much money I could spend I would invest in more companies.
From what I have experienced I learned a lot and can offer advice to people who are interested in investing in the stock market. I found that if you do at least a little bit of research on the companies that you have in mind that it will make your decision easier. I also think that you should pick companies that you are familiar with and not ones that your don't know much about. I think that new investors should buy a stock when it's low and sell when it is higher than normal. Another tip would be to sell your stock when you think it will go down or when you think it wouldn't go higher for a long time. Depending on your budget you should invest in more than one company. As an investor you could have a company that isn't moving at all and have another company that is do well, this would allow you to not loose a lot of money. Another good idea is to try some of the company's products before you invest in them.
Article posted May 13, 2010 at 08:38 AM •
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