Imagine you have $1,000 to invest. Choose what companies you want to invest in. Use the...

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Finance

Imagine you have $1,000 to invest. Choose what companies you wantto invest in. Use the search box to type in the company name to addit to your Watch List.

Looks at the current stock prices (i.e. Applelisted at $166.07). If you buy one share, that’s what it would costyou. Spend your $1,000 as you choose on any stocks you wouldlike.

Take note of each stock you buy, the price and how many shares. Thetotal should not exceed $1,000. But, you also do not have to spendall $1,000.

Example: You decide to buy 6shares of Apple listed at $166.07 per share that day. With your$1,000 budget, the total you can buy is 6 shares x $166.07 =$996.42. After two weeks Apple is listed at $156.15 per share. Your6 shares are now worth 6 x $156.15 = $936.90. You then take yourinitial $996.42 - $936.90 = $59.52. Because it went down, you lost$59.52.

Check your stocks each day and keep track of the increasesand decreases for 2 weeks. At the end of the 2 weeks, write areflection on the following:

  1. What stocks did you invest in, and for howmuch?
  2. Why did you choose these companies?
  3. What were your end results? Did you make or lose money?How much?
  4. What takeaways do you have from this investmentexperience?

Answer & Explanation Solved by verified expert
3.7 Ratings (314 Votes)
The stocks I invested in are Netflix and Walmart The price of Netflix on 2nd July is 37457 The price of Walmart on 2nd July is 11150 The number of shares of Netflix bought is 2 The number of shares    See Answer
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Transcribed Image Text

Imagine you have $1,000 to invest. Choose what companies you wantto invest in. Use the search box to type in the company name to addit to your Watch List.Looks at the current stock prices (i.e. Applelisted at $166.07). If you buy one share, that’s what it would costyou. Spend your $1,000 as you choose on any stocks you wouldlike.Take note of each stock you buy, the price and how many shares. Thetotal should not exceed $1,000. But, you also do not have to spendall $1,000.Example: You decide to buy 6shares of Apple listed at $166.07 per share that day. With your$1,000 budget, the total you can buy is 6 shares x $166.07 =$996.42. After two weeks Apple is listed at $156.15 per share. Your6 shares are now worth 6 x $156.15 = $936.90. You then take yourinitial $996.42 - $936.90 = $59.52. Because it went down, you lost$59.52.Check your stocks each day and keep track of the increasesand decreases for 2 weeks. At the end of the 2 weeks, write areflection on the following:What stocks did you invest in, and for howmuch?Why did you choose these companies?What were your end results? Did you make or lose money?How much?What takeaways do you have from this investmentexperience?

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