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Stock Market Report
Stock Market Report
This year the students in my grade had to pick 3 stocks that they would like to invest in. The three stocks I picked are Macy's, Bank of America, and Aeropostale. There are things I would and wouldn't change investing in these stocks. Here are the reasons why.
There are 3 companies I picked for my stock market project, Aeropostale, Macy's, and Bank of America. I picked Aeropostale because it is a well known clothing store, I like the close and I shop there, and it is in most the malls across America. I chose Macy's because it is also is a popular and there are many Macy's in big city's. It has all different kinds of close styles for all different types of customers. Macy's also sells home supplies. My last company that I picked for stock exchange is Bank of America. I picked this back because it brings in lots of money from the customers. This bank is also as popular as the other places a picked. My last reason I picked Bank of America is because my parents go to that bank, and I have gotten good reviews from it.
There are many things I would change, and keep the same in the stock market exchange project. I would change my mind about picking Aeropostale for a stock sell. I would change it to another store that sells the same thing but a more popular clothing store. I would have changed it to a store that sells a different style of clothing. I would also change this stock for another clothing store that sold things at higher prices, that way they could go on more sales and more people would want to buy from there. I wouldn't change Macy's. I think that Macy's made a good amount of money, I do not regret picking Macy's. I would also keep Macy's in my stock exchange because it is in many good locations, it is popular and it makes good money! I would most definetley change the fact that I chose Bank of America. It is not a very common bank, in which case it doesn't bring in a lot of money. I also lost money from buying this bank.
I learned many things about stock market in the last 4 months, I made good and bad decisions, here is some advice about stock market! One thing that I would have done if I got to start over, I would buy more stocks. Because buying more stocks can get you more money, depending on the company. I would also make sure that it is a company that you like, or have interest in. That way it doesn't get boring when you are doing research. One more piece of advice is to pick a well known store. You should pick a popular store because, the better the store is at selling things, the more money that company will make!
As you can see there are many things I learned about stock marketing. This is a project I wish I could continue with. My favorite part of this was learning more about how to spend money.
Article posted May 23, 2011 at 10:10 AM •
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