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Dhla's Stock Market Portfolio Final Report
In math class, we did a unit on the stock market. Everyone got a fake $10,000 to buy our stocks with. I invested in three stocks; Wal-Mart, Exxon-Mobil, and Staples. I picked Wal-Mart for a couple reasons. One is that when we bought these stocks, the economy was bad and Wal-Mart has low prices, so people who needed to save money could go to Wal-Mart to get things cheaper. Another reason is Wal-Mart sells a variety of things. I chose Exxon-Mobil because everyone needs gas for their cars and gas prices were down when we got to pick our stocks. I picked Staples because people need to buy school and office supplies.
Since I’ve been watching the stock market, I would probably make some changes to my choices if I could. One of the changes is this time of year I would have picked something other than Staples because kids buy their school supplies in the summer, so I would have invested in Staples in the summer. While I’m glad I pick Exxon-Mobil (because it’s the only stock that made me any money) I think that a good time to invest in it would be around the holidays because people travel around the holidays. Also, if I could, I would have bought more stocks of Exxon-Mobil. Another thing is that it is good to invest in places like Wal-Mart because they sell a large variety of things, so they could be good all year round.
If someone asked me for advice on the stock market, there are a few things that come to mind. One is to always buy low. You should buy low because you won’t be spending as much money as you would if you bought high. Another is to sell high. You should do this because if you sell your stocks when they are high, you will get more money. One more piece of advice is to always keep track of your stocks. If you always check your stocks, you will know if you should or shouldn’t sell your stocks. Even though I lost some money (fake money!!), I learned a lot about the stock market in this unit and it helped me understand a little more about what has been happening in the economy lately.
Article posted March 3, 2009 at 09:07 AM •
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