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What to Do With $10,000
What do you do when you get handed 10,000 dollars? You invest in the stock market! All of the 7th grade students in math were given a pretend 10,000 dollars. Then they got to pick three stocks to invest in on yahoofinance.com. The three stocks I invested in were Starbucks, Walt Disney, and Nike. The reason I invested in Starbucks was because I love going to Starbucks and getting a chai tea soy latte. I thought it would interesting to know how well they are doing in the stock market because I know a lot of people love to go to Starbucks. I choose to invest in Walt Disney because I love all of the Walt Disney movies and Disney World is one of my favorite places to go to. The reason I invested in Nike was because Nike has Nike Dunks which are sneakers and those are my favorite sneakers. I also love Nike swim caps and goggles. When I invested in these I thought they were going to be really good stocks and keep going up and not go down. But, I was wrong.
If I could change things about what I did when I picked my companies to invest in, I would definitely change some things. The first thing I would change is I would pick something different then Walt Disney because Walt Disney didn’t do that well. I would pick Google instead because Google did really well. Another change I would make would be I would only want to invest in two stocks. The reason why is because you could focus better on just two and take more time on each of them. Those are two things that I would change about my stock companies.
If people wanted to invest in the stock market I would give them some advice that would help them. The first thing I would tell them would to make good choices of who you invest in. That way they make money and not lose a lot. Another thing is to always look at the historical prices. That way you can see if your company has lost or gained money in the past I would also tell people to invest in large companies. The reason why is because if you invest in really small companies you could easily lose money. 10,000 dollars, investing in stocks… could math class get any better!
Article posted March 3, 2009 at 08:19 AM •
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