The Stock Market Challenge (FUBR1G)
The stocks I have invested in:
Alere Inc. (ALR)
Church & Dwight Co. (CHD)
The Walt Disney Company (DIS)
McDonald's Corporation (MCD)
Netflix Inc. (NFLX)
ADIDAS (ADS)
Hermes INTL (RMS)
How I picked my stocks:
I picked my stocks according to 3 rules; buy what I know, when it goes on sale and when the company is on the rise. Considering we were playing with virtual money, I was being a risk-taker and throwing money at companies. Going through that process, I've learned that many things could go wrong into putting tons of money into one stock. In the end of the game, I learned that there are many ways to play the stocks, you can either put small amounts of money into several companies or put all your money into one company.
How have my stocks been doing:
Alere Inc. (ALR)
$49.06 - $49.06 = $0.00 gained
$0.00 * 123 stocks = $0.00 gained
Church & Dwight Co. (CHD)
$50.33 - $50.32 = $0.01
$+0.01 * 50 stocks = $0.5 gained
The Walt Disney Company (DIS)
$113.76 - $113.85 = $-0.09
$-0.09 * 100 stocks = $9.00 lost
McDonald's Corporation (MCD)
$131.38 - $131.51 = $-0.13
$-0.13 * 110 stocks = $14.3 lost
Netflix Inc. (NFLX)
$147.27 - $146.62 = $0.65
$0.65 * 100 stocks = $65 gained
ADIDAS (ADS)
$177.76 - $177.73 = $0.03
$0.03 * 100 stocks = $3.00 gained
Hermes INTL (RMS)
$459.30 - $459.45 = $-0.15
$-0.15 * 25 stocks = $3.75 lost
Cover Image Citation:
http://www.moneygossips.com/wp-content/uploads/2017/02/Stock-Market.jpg
