President Obama said the other day that, "What you're now seeing is ... profit and earning ratios are starting to get to the point where buying stocks is a potentially good deal if you've got a long-term perspective on it. Businesses are starting to see opportunities for investment and potential hiring," he said. "We are going to start creating jobs again." Obama said he wasn't focused on "the day-to-day gyrations of the stock market, but the long-term ability for the United States and the entire world economy to regain its footing." he compared the Dow Jones Industrial Average to a daily tracking poll in politics. "You know, it bobs up and down day to day," he said. "And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."
So, what you will be doing specifically today are three things.
A. register for an account at Virtual Stock Exchange. Please remember your user name and password as nobody will remember it for you.
B. After you have registered, you will follow these directions: Use the information and directions below to join the game.
Game ID: econblock1
Game Password: titans
1. Open this link and read the competition summary:
2. Click on the 'Join Game' link.
3. You are now an existing Virtual Stock Exchange member, so enter your Email address and Password in the login panel and get set to trade.
4. Follow the instructions and start trading!
Join now, and see if you can win my Economics Block 1 Stock Market Project competition! The more participants the higher the level of competition. Can you master the market?
C. By the end of the block, you should choose 4 stocks from different industry sectors. (You can change these later as you discover more about how to invest.) The best place to do research is right here: Research When you are here, you can look at stocks from the different industries. Choose one stock from an industry, look at four different industries, again 4 stocks.
You will be informed weekly on where you should be in this project.
As I am the administrator, I will be following your progress. Good luck, I really mean this.
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I chose to buy stocks in Google. I did this because they always do very good and I think it's smart for people to buy stocks in them.
ReplyDeleteI chose 2 stocks and those are bac and kim. I have been following those stocks for a while and those stocks seem as if they will make me the most money.
ReplyDeleteThe 4 companies I invested in Mcdonalds, Wells Fargo, apple and Microsoft. i invested in these companies because they are always used by the people. I know that their company wont go down because of the money that they earn everyday.
ReplyDelete-Mikhail dela Cruz
I bought stock in L'Oreal make up, Coke, Earthlink internet connection, and Quicksilver Reasource Inc (oil and gas). I bought these stock because I think they are doing well and will make the most profit for me.
ReplyDeleteJessica Robertson
i bought stock of jp morgan and google. i have been paying close attention to those srock and they are doing really good.i think they will do better in future and make me some money.
ReplyDeleteHarjot Sandhu
block 1