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Stock Market Report
There were a lot of different stocks to choose from in this project. Every company you could think of. Apple, dell, staples, cruise lines, you name it, they have it. It was sort of difficult picking only three stocks, because there were so many to choose from. I didn’t have much of a reason for picking my stocks. I picked Sirius XM Radio, Amazon.com, and F5 Networks. I picked Sirius XM Radio because Ms. Harte said a student last year did really well when they had a lot of shares. I made $718.08 on Sirius Radio. I also picked Sirius Radio because I was curious to see how I would do if I invested in a smaller stock. I’m glad I choose this stock. I also invested in Amazon.com, a website you can buy things off of. I picked this website because it is a well-known website to buy books for kindles and other stuff, kind of like eBay, but Amazon was making much more money. I also profited in this stock because it was around Christmas time when we got to pick, and I had a feeling that a lot of people would be using this website to buy Christmas gifts. I have $894.88 on Amazon.com, so Amazon made the most money for me. The last stock I profited in was F5 Networks. I didn’t really have a main reason why I invested in this stock, but at the time, it was doing really well. In the end it didn’t do as well as I hoped it would have, F5 Networks made $424.20 for me. Overall, I’m pretty satisfied with the stocks I picked.
The good part of stocks is that your investment cans double your money if you choose wisely. The bad part is you could lose your entire investment if your stock doesn’t do well. I wasn’t sure how my stocks would do, but thankfully, they ended up doing pretty well, because I ended up not losing one dime BUT if I could make changes to my portfolio, I would probably wouldn’t have done F5 Networks because I don’t really know anything about the company so how was I supposed to know if it usually did well? I would have done something I knew was successful like Apple or something. Also, Sirius XM Radio did do pretty well, but I wish I would have bought more shares from it because then I would have made more money. I wouldn’t change anything about Amazon.com, because I made the most money and that was a smart profit. Thankfully, most of these were pretty smart investments.
When we started learning about the stock market and how it worked, I didn’t know very much about any of it. We learned a lot of new things. One of the things we learned was vocabulary for the stock market like bear, bull, loss, profit, broker, and much more which has helped me understand the stock market a little bit better when I see it in the newspaper or on the news or something. Also, when we were keeping track of our stocks, we learned how to make spreadsheets on the computer to track our losses and gains and how our stocks were doing each week. We used all different kinds of formulas and such and it was a cool experience and it was really easy and simple to do and now easy to keep track of your stocks. Another thing that interested me in the stock market was just the stocks in general. I never really knew anything about the stock market and never really cared. Most of the stocks reflect on how the business is doing and how much money they are making. I never really knew what it meant or how it worked or anything, so this project has been very helpful in teaching me new things that I never really paid attention to. I’m kind of glad I know the importance of the stock market now.
Article posted May 25, 2011 at 07:10 PM •
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