Final Report Stock Project
In November 2008, our math classes started working on a project called the Stock Market Project. In it we had to fake buy 3 companies and watch the company’s progress over the following of 14 weeks. I decided to invest in the companies First Solar, AT&T, and Google. I bought 34 shares for First Solar, 72 shares for AT&T, and 13 shares for Google. The total money spent on these stocks was 9991.58$. The reason I choose the stock First solar was because it had to with the selling and production of solar energy products. I thought with Obama coming into office he would try to find other resources that were good to our planet for energy. The company was also doing very well in the situation are economy is in. I picked the company AT&T to do because it was one of the largest phone producers in the world. Many people in business use AT&T because there coverage is more spread out than any other coverage. One of the minor reasons was because the blackberry storm was coming out and I thought that once it hit the stands it would raise AT&T stocks way up. The last but by far the biggest company in my list is Google. I choose Google because it is the largest search engine in the world. Also I choose it because I use it lot and I believe you can apply things from your house to help you in school.
I f I was to make any changes to my stocks there would only be about three. One of them would be to delete AT&T from my investments. AT&T never really went up and when it did go up it was only by a couple of cents. It also made me lose money which I do not like in the slightest. If I was to change anything about first Solar it would be to put more stocks on it. First solar got the most money and has the best chances of going up. Google is going solid and I would probably just add a couple more stocks on it. Just to do a little better, but I would not spend that much because Google’s stocks are very expensive. I liked what I did with the fake money I got and if it was my real money I feel it would turn out to the best.
My advice to other people is to invest maybe in some of the companies that will have a break through soon. The smaller companies tend to rise and when the rise you will be the one getting all that cash. Try all different types of stocks to the big the large the medium too. You never know which one will surprise you. Also I suggest that you buy some of the new solar energy or resourceful things that are healthy to the Earth. More and more people are become conscious of waste and things so garbage companies and stuff is not the best. Do things you feel are best and use a little knowledge but really just trust your instincts.