1.) Apple: I invested in Apple because it is the most high-tech, expensive, and all-around cool technology company I could think of. So since it’s all those things I thought it’d be a great company to invest in. (Plus if it’s expensive it must make a lot of money.)
McDonalds: I invested in McDonalds because; this is going to sound awful but… Since America is the fattest country in the world and McDonalds is one of the most popular fast-food chains I thought it was a wise investment. (Besides that place is always raking in new dough)
Walt Disney: I invested in Disney because it’s the most popular company for making movies and other means of entertainment. And everyone loves movies! (Plus I personally love Disney movies)
2.) One change I would make to my portfolio is that I wouldn’t invest in a company that makes things that people only use as means to entertain themselves because in a recession people will most likely stop buying them. Because people give up things when money is usually the one of the first things to go are frivolous stuff like movies. So it’s not really wise to invest in a company that makes those things for a living like Disney. Another thing I would change is to put more stock in Apple. Since Apple was the company that gained me the most money despite the times. The last change I would make to my stock portfolio is to maybe next time invest in some kind of grocery store. I’d pick a grocery store because no matter how hard the times are or how much stuff you let go of people will always need food.
3.) Advise I would give to someone interested in the stock market is that in a recession don’t put stock in useless things. I think this because when there isn’t a lot of money going around people will stop spending it on stuff they don’t need. All you’ll be doing is losing money. Another thing is, when it’s not a recession you can put your stock in nearly anything! This is because anything goes in a time when people are flourishing. I’d suggest investing in something that’s very popular or well used. Lastly I would say to spend your money wisely. Don’t throw your money around. If I were you I would spend it on something I know is worth it. If you do that you’ll be just fine.