Thursday, October 2, 2014

Stock Investment Summary

         On the 1st six week of indepent research, we did our stock markets and check them everyday. The steps we did for our stock market was :
  1. We chose which companies we want to invested in with 5000 dollars at total.
  2. We chose how many shares we want to buy but it must be the same everyday.
  3. We check the cost of the stocks and add them together for price of all of them.
  4. We check our stock everyday then subtract them for the previous day to see if we made profit or loss money.
           The companies I invested in was  Jc Penney, Coca Cola, Best Buy, Aeropostale, Abercrombie & Fitch, and RadioShack. I picked 50 shares for Jc Penney, 10 shares for Coca Cola, 20 shares for Best Buy, 100 shares for Aeropostale, 30 shares for Aberxcrombie & Fitch, and 1000 shares for Radioshack. I multiplied it by the cost and got 4644.1 dollars in total. I check my stocking everyday and record the data down to see if  I won or lost. When I was already done recording for about 21 times, I went back to all my data and saw that for the most part I loss money. At the end I got the price of 4011.5 dollars from the start of 4644.1 dollars I knew I lost a lot of money. I subtracted it and found out that I lost 632.6 dollars in all. If I would to buy the exact stocking I would wait until its the right time and make a profit not lose money like I did right now.
            

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