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Sunday, October 13, 2013

Stock Market Project

Stock Market Project Considering that my congregation and I came in plunk for place, I would assume that we were pretty successful and utilize our coin well. Our total gain was 3.67% and total equity was $103,667.63. However, there were many a nonher(prenominal) dips and repressions in our channels cognitive processs. For instance, we bought shares of bell ringer thinking that by and by Black Friday, we would become millionaires. much was it to our surprise when Target took a quick decline and embody us a voluminous percentage of our m nonpareily. An separate stock that surprised my group, but not I, was our exchange-traded fund, Vanguard Intermediate stipulation Bond. We never lost and exuberant amount of money because of this ETF and we terminate up making a lot of money because of its death penalty during our experiment. For the first few weeks of our project, my group was ranked number one because we had the highest percent gain. However, on or around Dece mber 4th, we check out our portfolio and were quite upset. Although we did pick many great stocks to invest in, the performance of those stocks was not what we expected it to be. You see, in the beginning of our game, we chose to invest in a lot of commercialized stores like Target, Wal-Mart, and The Gap; in hopes of riding the Black Friday tidal wave.
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Yet this year, many stores, including those that we chose, merely made it out of the red. It was at this point that we, as a team, realized that we had to make a new strategy. We decided to procure stocks in companies like Johnson and Johnson, Apple, coalesced Edi son, Pfizer, and Scholastic. We chose these ! companies because we felt they met everyones fundamental needs; they were companies that produce honey oil materials. Most population in the world rely on more than 2 of these companies for their basic needs daily. In addition, they were companies that other groups were investing in and making big money from. In the future, I lead study the market and news with a keener eye and circumstantial detail. My group and I simply false that Black Friday would...If you pauperism to get a full essay, stray it on our website: OrderCustomPaper.com

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