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I chose Starbucks, Apple, and Netflix. I decided to invest in these stocks because they all had new products out which would increase their popularity with consumers which would help the stock rise. I also chose these stocks because of their previous sales record which convinced me that I had a good chance of earning money.
I chose these stocks because of the the information I found through research. I chose Starbucks because we bought the stocks in the winter which is when Starbucks' stocks always rise. They also started selling a new coffee that was becoming very popular. I chose Apple because they started selling the iPad and new laptops. They also had just started their business relationship with Verizon which now carries the iPhone as well as AT&T. I chose Netflix because they just introduced a new initiative to be able to subscribe to Netflix and get movies directly from your TV. They have also become a more reliable company and have gained more costumers. These are some reasons why I chose these stocks.
I would not make many changes to my stock choices. There are only two things: buy more shares and change apple to caterpillar. I would buy more shares in the stocks I gained a lot of money from so I would get more. I would change Apple to Caterpillar because Caterpillar was a cheaper stock and gained much more money than Apple. Besides these changes, I would keep my stock the same way it is now.
The best advice I can give is to use a spreadsheet, get well known stocks, and do research before you buy. Spreadsheets are very useful because they do all the math for you. They are reliable and very efficient. Get well known you know and trust because they are much easier to research and find. Most importantly, do research to check how the stocks have done on the last year or so and use that information to estimate how the stock will so in the future. See if there are good reasons to buy the stock and expect to gain money.
I took all this in consideration when I bought my stocks. I decided to invest in these stocks because they all had new products out which would increased their popularity. In all,, I gained over $2,600 when this project was over.
Article posted May 23, 2011 at 12:57 PM •
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