Stock Market Project Considering that my congregation and I came in plunk for place, I would assume that we were pretty successful and utilise our coin well. Our total gain was 3.67% and total equity was $103,667.63. However, on that point were many a nonher(prenominal) dips and repressions in our banals carrying outs. For instance, we bought shares of butt joint thinking that by and by Black Friday, we would become millionaires. practically was it to our surprise when Target took a quick decline and bell us a voluminous percentage of our m unrivalledy. 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 end up making a lot of money because of its act 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 December 4th, w e go over 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.
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 obtain stocks in companies like Johnson and Johnson, Apple, coalesced Edison, Pfizer, a nd Scholastic. We chose these companies beca! use we felt they met everyones base needs; they were companies that produce honey oil materials. Most lot in the world rely on more than twain 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 bequeath study the market and news with a keener eye and nice detail. My group and I simply false that Black Friday would...If you penury to get a full essay, stray it on our website: OrderCustomPaper.com
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