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For my math class I have been buying stocks and checking them every week to see how they are doing. At the beginning I had no idea what stock I wanted but I chose mine by finding one stock that was high price, one a very low price, and another in the middle to see how they would change. I bought Macy's at sixteen point thirty, Walmart at fifty four point fifty seven, and Pepsi at sixty three point sixty five. By the end of having three stocks for twenty four weeks Macy's was at twenty four point sixty eight, Walmart at fifty five point seventy, and Pepsi at sixty six point twenty.
After you have a stock for a while you can see when its going to rise and decline. Some changes I've seen with my stocks have been if you but a high price stock at a low price then its most likely that your stock's price will go up. Some of the changes I would have made with my stocks was I would have bought more shares of Macy, because it was a higher price stock then Pepsi and walmart. If I made the changes before, I think will probably help me make a larger profit at the end.
Some of the advice I would give some one who was going to buy a stock was to research it before buying it. Like if its a place or one of your favorite companies, I would see if its actually high in quality. Then you can always buy a more high price stock after researching, and learning more about the stock. At the end of selling stocks its also nice to record what you have gained or loss in all.
Article posted May 13, 2010 at 08:38 AM •
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