Monday, October 28, 2013
Investment and Trade
I bought Toyota as an investment because always seems to be going up a little bit. They are a very solid investment I feel. They will go up 3 dollars in the next few days because they are started to sell more and people are findings out that they have very good trucks. I bought AGL Resources as a trade because they are going to go up I the next couple days by 3 dollars because of the increase of demand.
BlackJack
We played jack black and at first we weren't sure what to do really, it was my first time ever playing so I was super confused. But after a few rounds I started understanding it and it was a complete gamble I figured. It seemed like you could lose a lot but I started to win and I liked it. It would have been a little better if we knew how to play before we played but it was still pretty fun. I found that it was better to be safe then to just hope you win. Overall it was a great experience.
Thursday, October 17, 2013
The different between an investment and trade
A trade is short term (less then 6 months) and you want to know a catalyst is going to happen. Example: If the Apple stock went down and you know there is going to be a catalyst, like the new iPad coming out and you know the stocks will go up again, then that would be a good trade to get. If you buy a trade and know something is going to happen then you can either wait or buy more. Say you bought a stock at a good price and the price goes down and you know that it was a good trade you might want to buy more, but if not then you should just wait. When the event happens you need to decide when you want to sell and sell it then. If you keep waiting then you get emotionally attached and that's very bad, you usually don't make smart choices if you are emotionally attached. If you wait on your trade, if it goes down around 15% you should buy more, if you have the money, and if the catalyst hasn't happened yet. So then when you think its time to sell you most likely will make more money.
A investment is a long term (more than 6 months) and you think its a good company and know that it will keep growing over time, you don't need to know if a catalyst is going to happen or not. A dividend is when a company gives you money for being invested in them for a long time. The main goal you want to achieve is get the amount of money out as you put in. So once you get your money back you are really using their money. You want to keep waiting and not buy until you get your money back, once that happens you can buy a little at a time. Once it geos down 15% or whatever percent you decide, then you want to buy, if you want to and have the money. If you don't have enough money then you don't want to buy more and want to just wait. But you need to make sure you don't get emotionally attached, being attached could cause you to want to wait longer and longer and soon you would have waited too long and wont get you money back that you could have.
A investment is a long term (more than 6 months) and you think its a good company and know that it will keep growing over time, you don't need to know if a catalyst is going to happen or not. A dividend is when a company gives you money for being invested in them for a long time. The main goal you want to achieve is get the amount of money out as you put in. So once you get your money back you are really using their money. You want to keep waiting and not buy until you get your money back, once that happens you can buy a little at a time. Once it geos down 15% or whatever percent you decide, then you want to buy, if you want to and have the money. If you don't have enough money then you don't want to buy more and want to just wait. But you need to make sure you don't get emotionally attached, being attached could cause you to want to wait longer and longer and soon you would have waited too long and wont get you money back that you could have.
Tuesday, October 15, 2013
Candy Activity
We all met out in the hall and Mr. Kapptie told us to do what we thought was right. Giving us no real instructions we all entered the room at the same time. It was dark with two videos playing, looked like one was the stock market and the other one I wasn't sure. There was all kinds of different candy laying around the room, along with Monopoly money. Not sure on what I was suppose to do I started collecting candy, but then I seen there was 500 dollar Monopoly money laying around. So I quickly started picking up all then 500s and collecting all the candy I could. After piling it up on a table, we were told that we could go around the room to other people and trade or buy candy and candy was like stocks, some candy was worth more than others. At first I had absolutely no idea what was going on. I hardly had any candy but had a lot of money, I could see that some people understood what to do but I just stood there for a few minutes not sure on what to do. I decided I should get some more candy so I went around the room and tried to get at least two candies of each kind. Every two minutes there was a announcement and then the stocks would change, I got a hint from Mr. Kapptie that the tootsie roll pop would take a big leap, so I went around and collected a lot of them, at the time they were pretty cheep. Later I'm I found out that his hint was very right. Some of the candy went down in prices and people were trying to get rid of it. My plan was to get a little bit of each candy and then save my money witch turns out to be a good tactic. It was intense and very interesting, with everything happening at once and not having any real instruction on what to do, it really showed that we knew how or learn while doing and think on our feet. At the end people knew what to look for and trade so people were really knowing how to play the market. At the end I ended up with the most money over all, it might have been cause I got a lot of money to begin with but also I had good candy so it helped. Overall it was a good experience and I really enjoyed it.
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