In math class, we were given ten thousand dollars to invest into stocks. We could only choose stocks from the NYSE or NASDAQ. Many of my friends picked familiar stocks such as Apple, Wal-Mart, and Google. That is exactly why I chose different stocks than everyone else. The stocks that I invested in were Amazon.com, Southern Copper, and Hallmark. In the following paragraphs, you will learn about why I picked those stocks, what I would have done differently to them, and advice that I would give to people about buying stocks.
The companies that I invested in were Amazon.com, Southern Copper, and Hallmark. I picked these stocks mostly because my dad had invested in all of them and told me that they were all rising. I picked the stock Hallmark because it was on the bullish list, which meant it was predicted to rise dramatically. I also picked Amazon because I thought ahead for the holidays, which meant that a lot of things were going to be sold. These are the reasons why I invested in these companies
Every stock was different, so I would change different things to the different stocks. For the stock Amazon, I could have invested more into this stock because it rose $40 from its original price. For the stock Southern Copper, I would keep it the same because it was rising but kept losing prices as well. I should of invested less in the Hallmark stock because it went down two dollars. These are the changes that could of been made.
The advice that I would give to people who are about to buy stocks are listen to the bullish are bearish reports, think about upcoming holidays, and penny stocks. You would want to listen to bullish and bearish reports because they are almost always right. Upcoming holidays are big times for businesses with selling products, so try and buy them when Christmas or Easter is near. The last one is never buy penny stocks because more than likely they will never raise in price. This is the advice that I would give to the people who are about to buy stocks.
Now that I know all this information, I will know what to invest in if I ever were to invest in a stock. The information for bullish and bearish stocks are very important to know, and holidays are a great way to gain money from a stock. I feel that I know a lot more than I did before about stocks, actually I never knew about stocks. This project has taught me a lot about this subject. I hope that in the future this project will be something very useful in life.