investing in the stock market
2013
Mr. Acker
For the month of December, I was given an assignment consisting of $100,000 and four stocks to invest in. My four stocks were The Ralph Lauren Corp., Visa Inc., Master card Inc. and The Chevron Corp. As stated I was given a month to record my data and I ended up with a total capital gain of $5,518.36 for the one month period for my investments. I have to thank you Mr. Acker, this project was not difficult, but it did confuse me. Receiving this assignment scared me in a way, because I didn’t know what I was getting into. The finance world is scary and tricky, one minute the market is doing good and other days it would be low. While calculating my capital gains or losses I thought I would lose a larger amount of money due to the amount subtracted. When I added my gains it came out to a lower number. No one said the stock market would be easy, but I’m glad I got to experience the stock market without buying stock. Imagine actually losing or gaining money, I wonder how I would feel. I had a great experience and I would do it again if I had a chance to.
1. The first company I chose to invest $40,000 into was the Ralph Lauren Corp. Ralph Lauren’s Corporation is exchanged by NYSE. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York. It is in the fashion industry and it offers products, consisting of men’s, women’s, and children’s clothing; also accessories, footwear, eyewear, watches, jewelry, hats, belts, and leather goods, also known as handbags and luggage. The beginning stock prices were $153.76 per shares purchased and closed at $147.01, I lost $1,748 out of the $40,000 invested which left me with $38,252. The stock went up due to hurricane sandy.
2. My second company I chose to invest $10,000 into was Visa Inc. Visa’s corporation is exchanged by NYSE. Visa involves in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and
Mr. Acker
For the month of December, I was given an assignment consisting of $100,000 and four stocks to invest in. My four stocks were The Ralph Lauren Corp., Visa Inc., Master card Inc. and The Chevron Corp. As stated I was given a month to record my data and I ended up with a total capital gain of $5,518.36 for the one month period for my investments. I have to thank you Mr. Acker, this project was not difficult, but it did confuse me. Receiving this assignment scared me in a way, because I didn’t know what I was getting into. The finance world is scary and tricky, one minute the market is doing good and other days it would be low. While calculating my capital gains or losses I thought I would lose a larger amount of money due to the amount subtracted. When I added my gains it came out to a lower number. No one said the stock market would be easy, but I’m glad I got to experience the stock market without buying stock. Imagine actually losing or gaining money, I wonder how I would feel. I had a great experience and I would do it again if I had a chance to.
1. The first company I chose to invest $40,000 into was the Ralph Lauren Corp. Ralph Lauren’s Corporation is exchanged by NYSE. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York. It is in the fashion industry and it offers products, consisting of men’s, women’s, and children’s clothing; also accessories, footwear, eyewear, watches, jewelry, hats, belts, and leather goods, also known as handbags and luggage. The beginning stock prices were $153.76 per shares purchased and closed at $147.01, I lost $1,748 out of the $40,000 invested which left me with $38,252. The stock went up due to hurricane sandy.
2. My second company I chose to invest $10,000 into was Visa Inc. Visa’s corporation is exchanged by NYSE. Visa involves in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and