Stocks can be dangerous to your economic status. Stocks can improve your life style by letting you make money in a click of a button. Its a risky business. Stocks are all public companies that give human a decision to invest in the companies and you with earn money if it is doing well. The fallowing paragraphs are all about the stocks I decided investing in.
Investing in stocks is a tough decision to make without preparing. It is to make money but also allows you to become more aware of what company's are doing poorly or succeeding. During the 24 week period we “bought” the stocks of our choice, I finally decided on “buying” Steris Corp, SPDR Gold Shares, and McDonald’s. I choice Steris Corp. for one main reason; it was flu season. Steris Corp. is a company that make healthcare products including hand sanitizer. I also chose to take part in SPDR Gold Shares. Gold has always been in high demand and it seemed to be a good money maker. Last I decided to invest in McDonald’s. I chose McDonald’s because it has always been popular around the world and many people enjoy their food. Overall I believe my stock choices were a pretty good decision for the circumstances.
Stocks can change in a flash, some people win and some regret. There are many changes people (including me) would make only if they could. Steris Corp. is a company I regret buying. I would have wanted to invest in Steris at a different time due to the fact I bought it when it was doing pretty well. SPDR Gold Shares is the one stock I was delighted to have bought. If I had one regret with SPDR gold shares, it would be that I would like to continue to own my shares because they are continuing to go up. McDonalds Corp, is a stock I hugely regret investing in, it went down while I owned it and I probably should have not chose McDonald’s in the first place. If I could go back in time and change, I would have spent more time researching while stocks to buy and not have gone with stocks.
There is plenty of advice to give to people who are interested in stocks, but they have to also follow what they want because there is no right or wrong answer. Stocks go up and down (normally without warning.) Stocks can be surprising and unhelpful. There were a few things that made life easier while doing this stock project. The spreadsheet on the computer was the most helpful. Using formulas helped to show the math that was involved in stocks, and I was able to see what was making and losing money and how much. At the beginning of the project we used vocabulary that was used in the stock market. It helped me understand the summery of the company and words that were unknown to me. Throughout this project, every Friday we used yahoo finance to collect information on the last trade on our stocks so we could compare it to when we bought it in the first place. Yahoo finance was consistent and helpful. Overall, that stock projects was informing and helpful for understanding stocks and what they are for.
In the long run, overall I would have invested in these companies for a longer time and would have spent more time exploring my options in the stock market. In the stocks I invested in, which were Steris Corp., McDonald’s and SPDR Gold Shares, I would have invested in SPDR Gold Shares because of what I have learned. The other stocks did not progress as much as I would have liked. It is a live and learn lesson.