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Ellie’s Stock Market
What would you do if someone handed you 10,000 dollars? Well if you were a 7th grade student in Mrs. Hearte’s math class you would buy stocks! I chose to invest Walt Disney because I love Disney World and their movies. I also chose to invest in McDonald’s because if the economy isn’t doing so great people would want to spend the smallest amount of money as possible and McDonalds is cheap. The last stock I chose to do is Verizon Communications because my cell phone is Verizon. Verizon is popular so a lot of people would have it.
If I could change or pick a new stock to invest in I probably would. I wouldn’t have chosen to invest in Walt Disney or Verizon because I didn’t make any money I actually lost some. I lost 510.51 dollars from Walt Disney and I lost 115.90 dollars from Verizon. If I could pick another stock I would have invested in Google because it made 750.00 dollars with only 16 shares! I should have taken more time to choose my stocks.
Some advice to people who are interested in investing in the stock market is that don’t choose a risky stock. If it’s a company you really like but seems to have its ups and downs don’t invest in it! Investing in a steady stock is a better idea. If you invest in a stock that is good and doesn’t seem to be going down then that’s probably a good choice. Some other advice is to not choose a low stock. Even if you think it will come back up that could be a very risky move. Spending 10000 dollars in the stock market was a lot of fun!!
Article posted March 3, 2009 at 10:10 AM •
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