Stocks

 

“Money” by AaronPatterson is licensed under CC BY 2.0

 

Hello! Welcome back to my news blog.  Today we are going to be talking about stocks and our project. We started it because of this story called Westing game. It is a very good book I suggest you read it. So first, our project was we had imaginary money and we spent it on companies and we saw if the companies were doing good or bad. Then we invested, I decided to buy more shares for cheaper companies and buy fewer shares for more expensive companies.  I chose these companies and this is why

Alibaba- because I thought I would do good because it is basically Chinese Amazon 

Microsoft- because Bill Gates owns this big company and everyone wants computers during quarantines

Zoom- because of quarantine people would do online meetings but it quarantine is over

Pfizer- because of corona lots of people will get the vaccine

Wells Fargo- this is a bank and people might want to put more money to it and secure their money

Ford- this is a company and people will want to travel and go to the country so they will buy bigger cars

Well, let’s just say I’m not the best when it comes to stocks. I lost the most money on zoom, it is a big company but people didn’t buy the paid version of zoom that much anymore. My most successful is probably Ford. Stocks is a luck and skill game without those two very important tools, you will fail. I failed. I lost so much money because of some of the companies.

Go try it yourself! See how far it will take you!