Hellooooooo! I want to tell you about my stock market experience!!! Before that I want you to know what the stock market is? The stock market is stocks that companies made to earn more money. You invest in a stock and if the stock market is doing good then you earn money if it isn’t you lose money. Also it depends on how good the company is doing.
So in this stock market project we we’re given $20,000 ( we weren’t really given $20,000 ) to spend on stocks. We could pick up to 5 socks but they had to be NASDAQ ( New York stock exchange ). So now let me tell you what I picked, but before I tell which stocks I chose from the stock market I want to tell you that at that time I was a horrible stock picker. Now I am better, like a lot better. So I chose Facebook, Starbucks, Google, and wing stop. The reason I chose these was I just recognized them because at that time I wasn’t a good stock picker. But I did something crazy, I invested 41 stocks into wing stop. I don’t know why I did that but at the time I did it because I just loved wing stop and yeah. But that also meant that whenever wing stop did good I would earn a ton of money. So in the chart above (the first photo ) this is how it worked we would put in how much we invested in one stock. Then we would check every so often and we would put in how much the stock costs. Then we changed the date to the time we checked the stock and it showed us our total loss or gain.
So at the end of the stock market project I earned $583.85. Also the reason we did this stock market project was because the book Westing Game and a girl named Turtle in it. She loved stocks and that was her hobby, so that’s why we did the stock market project. At the beginning of this project though we had a teacher at this school ( Ms. Sprague) teach us about the stock market and she explained the whole project to us and it was great!
I hope you enjoyed my blog post about my stock market project experience. SEE YOU NEXT TIME BYEEEE!