Monday, December 21, 2009

Reveiw of the stock market game

What I did in the group is my share of the blogs and I had a large part in, investing in companies. A lot of the time one of my partners would find a company that looks good and I would be the one the would tell them to invest or not. With Trever gone I would be the one trying to keep the other guy on target. We all did the same amount of the blogs and we were even all the way through the game.

The things that I learned where don't put all your money into one company. The thing with this is we heard of a company that was coming out with a new game that was going to be a best seller so we invested 1000 shares. A week before the game came out we heard some more good news that the company was going to raise 8 point when the game comes out so we invested 3300 more shares. The worst thing was the company didn't go up at all infact the company went down.

What would I do differently? That's an easy answer I would have never invested in Activition we would have saved so much money. We could have spent that money on tons of different companies that could have earned us some money. Another thing that I would have change would be short sell Genral Motors. One more change would be have a new partner someone that is going to work in class so we could get a little more done.

What would I keep the same? There is not much that I would keep the same. The one stock that I would keep the same would be Visa we earned $2023 with it. If any thing I would spend more on Visa. There isn't any thing else that I would have kept the same. We didn't have that much that I would keep the same all the other stocks that we had lost money.

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