Friday, March 23, 2012
Bridget's Best Picks
My team's stock portfolio made a capital gain of $794.78. The stock that increased in value the most was our Lions Gate stock, rising $316. It would've risen $988 if we had taken it out 1 week earlier, though. Our other good stock choice was Apple, and it rose by $248. These were good stock choices, as they steadily increased over time and made us a significant profit. In my opinion, this investment was a good decision overall, for we almost made $1000. Even though the stock market is risky, investing in it can be a worthwhile endeavor, provided you know what you're doing. If I had $5000 to invest, I would most likely put some of it in a savings account, and some of it in the stock market. There's always a chance I could lose all of my money, but if I have some of it in a bank, then at least I'll have a small sum of money to use as backup if my investments fail me. On the other hand, if the stock market is doing well, I could gain a large profit indeed.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment