Thursday, January 14, 2010

Seth F.

During the course of my economics class we had to track stock and make a pretend stock portfolio. We all got $10,000.00 to put in stocks. We choose five stock holders and invest $2000.00 in each of them. So I invested in Puma, Adidas, Asics, Nike, and Apple. I got 9 shares with puma that coast $234.78. Then I got 52 shares with Adidas that coast $38.63. I then got 2 shares of Asics that coast $850.00. I also got 31 shares with Nike that coast $63.50. Then I got 10 shares of apple that coast $192.60. Then on January 6, 2010 we sold our stock and I made a profit of $426.23. I was +$6.57 with puma, +$1.35 with Adidas, +$4.00 with Asics, +$4.13 with Nike, and +22.54 with Apple. With all of the shares I had, my profit went up. The reason I think that my stocks went up is because we bought it during the holiday season and people were buying new products and buying more that they get on average. So even though I had my stocks for about 4 weeks, I still had a good portfolio.

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