In math class we invested in 3 or 4 stocks and we were given $10,000 to do that. We fallowed those 3 or 4 stocks for 14 weeks and wrote down the closing prices every Friday for them. At the end of the 14 weeks we will make a huge portfolio on all the things we did with the stock market. We also fallowed the Dow Jones Industrial Average as well.
I picked Apple as one of my stocks because a lot of people buy Mac and Apple laptops/desktops even not on special occasions. So I thought that apple would have a lot of money invested in it. Another one of my stocks is Aéropostale and I picked that stock because its buy price wasn’t that high at the time and I tried to use up as much as my $10,000 as possible. I know what Aéropostale is because it is one of my favorite clothing stores as the mall and I was trying to look for another stock and that just came into mind. The last stock I picked was Wal-Mart. I picked Wal-Mart because Wal-Mart has everything to food and clothes to home furnishings. I thought that if a lot of people go there and bought their products, they would receive a lot of money.
Now that I researched my stocks I know a little bit more about them and there is some thing that I would probably change if I kept on going in the stocks I have. I probably buy a bit more stocks in Apple because it turned out that I didn’t lose anything in Apple and I gained $406.35 from when I bought it the first week to the last week. I would probably add a couple more stocks but not a lot in Aéropostale because I gained $1092.00 since the first week to the last week and I didn’t lose any money. So if I added more stocks then I would gain a bit more money. I would probably invest/switch to Exxon Mobile instead of Wal-Mart because Exxon stock prices increased over the 14 week period and Wal-Mart lost $296.46. Then that way if I invested in Exxon then I wouldn’t have lost any money.
Since we have been learning about the stock market for about 14 weeks now, I know it bit more about them then I did before and some things to look for. Look into the stock first, research it. You always want to research a stock before you pick it because you might not know how well it is doing or how well you think it might be doing. Even if you assume something about that stock still try to get a bit more information on it. Invest in a stock when the economy is going a good and steady pace. When you invest in a stock you would want to invest in it a right time, not when the economy is falling because the stock will probably lose money. The last thing, stocks can be pretty tricky so don’t invest in to much or too little stocks. You won’t want to invest in too many stocks because if you invest in too much and the stock loses money your in debt, if you invest in too little and the stock gains money you probably wouldn’t get as much. But again, stocks are tricky and risky and it could be on how the economy is going and your luck