Personal Narrative: My First Stock Market

I tried Chevron Corporation because they seemed reliable compared to other oil and gas companies (Chevron). Chevron Corporation has been known to strive beyond expectations, and care for the safety of the workforce and environment (Chevron). Chevron products are recognized for their quality, performance, and technology around the world (Chevron). I decided to be on the safe side and only invest 1,000 dollars in Chevron Corporation because of the risk factor that comes into play with the oil and gas industry. Chevron Corporation actually did well after all. The share prices were high to start with. Chevron Corporation had one stock split within the ten years. In September of 2004, the 2:1 split helped my number of shares go from about 48 shares to around 97 shares total. In the end I owned a total of approximately 180 shares. These shares sold for a big $105.38 each. This nearly doubled the 10,000 dollars. The total after the ten years in Chevron Corporation was $18,982.67.

I chose three other stocks one is Volkswagen. I chose Volkswagen because it sells my favorite car the VW beetle and the VW van. Volkswagen has all the cute cars, in my opinion. Volkswagen is my favorite car place, I will most likely get my first car there. That’s why I chose to invest in Volkswagen. I chose Google because I am always using it even now (I am typing on google drive). Also I have my email on Google accounts and I have created websites on Google sites. Google is the best site in my opinion to search on. Also Google was making a lot of money at the time and Google is the second most money making stock I invested in. The other stock that I chose to invest in is Microsoft. I chose Microsoft because it was making a lot

The second stock I purchased for you is from Apple Inc. As you probably know apple is one of the leading designers, and makers of technology. I purchased fifteen shares of this stock for $1,686.30, each individually coming out to be $112.42. Prior to purchasing this stock, the price of it was $107.95. Over the

The first thing I would do differently the next time to be more successful is research a bit more about stocks and the stock markets.I think that I did not know that much about the stock market or how it even works.Maybe if I had a better understanding of it I would have been more successful, so the next time around I will learn more it and the things that surround it. The second thing that I would do differently is pick stocks that would benefits me more.Instead of just picking them because I like the company. I would probably look at their history and see how the stock been doing in the past,and I also think that I would maybe get someone else's opinion before I invest in that stock. So those would be the two things I would do differently

The lowest Dow Jones dipped lower than 16,000. My strategy worked pretty well in the beginning, I then decided to diversify my portfolio, which kept me in a rut and I wasn’t able to gain or lose any money. I learned that the stock market is very tough, it takes a lot of work to be successful. You have to research and dig deep for companies that are successful and unknown. I consulted with my mom, who is a stockbroker and she said that Eagle Pharmaceuticals has been performing very well. I bought a couple shares and it earned me a lot of money. We have the news on constantly in my house, I started to pay more attention to what companies are coming out with new products, the weather, new studies by pharmaceutical companies. The superbowl was also a great way for me to find a company that had a funny commercial or a sale going on. I also learned that diversification is not helpful, it doesn’t lose money, but it doesn’t give you any money either. If I didn’t diversificate I probably would’ve advanced and earned more money. Entering the stock market was a great learning experience and I am happy that it was just a simulation because in the real world I would be very stressed out if I went a net worth from $100,000 to

The first stock that surprisingly exceeded my expectations was team. After the second week started, Instead of investing in knowledgeable and consistent stocks I decided to alter my strategy of continuing to invest in consistent stocks but also investing in stocks that people high up on the market watch leaderboard were investing in. At the time, I was very hesitant about investing in risky stocks because prior to investing in team I had just lost approximately $18,000 from a stock called ATV. However after much consideration I made the decision to invest in Team at $28.15 and ended up selling it at $29.97. This drastic change in value was caused by a new software release called “bit bucket”, which allows people to Collaborate on code and build and ship

I originally purchased three different stocks to kick off my portfolio. First, I purchased Novavax Pharmaceuticals. It is a clinical

Chipotle started off as a great investment, but slowly began to deteriorate. With the money I received from selling my shares in Chipotle, I decided to purchase shares of Netflix, because it had been performing well. I purchased 60 shares of Netflix at $325.33 each. I also purchased 105 more stocks in Arcos Dorados Holdings because it was a great performer. A few weeks passed, and I noticed that instead of going up, my portfolio was continuing to go down. On March 22, I took note that Michael Kors stock had continuously been a “poor” performer, so I decided to sell my 279 shares for $17,434.71 total. With the money I gained from selling my shares of Michael Kors, I invested it into 8 more stocks of Amazon for $1,550.02 each. With my remaining cash, I decided to purchase 260 shares of American Eagle for $19.77 each, because it was the best performing retailer at that time. I held onto all my other existing stocks in hopes that they would reclaim themselves within the allotted time

The stock game was the hardest game I have ever played in. With so many things on the line such as grades, competition, and making money, I have made lots of mistakes on the way but also learned a lot of good lessons about investing and business. During the explanation before the game started, I thought it was really easy to buy, sell, short and cover stocks. However, when reality was set, there were so many choices to make from what company to buy, how much to buy, and determine the right time to sell or buy the stock. I lost about 300 dollars from my 10,000 dollars portfolio. That

I didn't always make good money with the stock market and I wish looking back on it now that an experienced trader passed on their wisdom. So, I've decided to do this for you.

Before the Stock Game began, we chose to put forth $60,000, which was 60% of our $100,000, towards the Apple Stock. We were led to believe from research that Apple would have the utmost success out of the two stocks so we chose to allocate more of our funds towards them. On October 4, 2016, the Apple stock opened at 113.00. By dividing our $60,000 investment by the 113.00 opening price we were able to purchase 530 shares of the Apple stock. By multiplying our 530 shares by the opening price, we were able to calculate that we spent $59,890 of our total $60,000 investment. The closing price of the Apple stock on November 1, 2016 was 111.49 meaning

Picture this. Standing there, hearing countless echoes of the words “sell” and “buy”. Huge TV screens with foreign numbers and letters everywhere you look. Then, a loud bell is rung to signify the end of the trading session. Feared by many and taken advantage of by few, this is the New York Stock Exchange. At the age of 11, I witnessed my mother and her company ring the bell to officially become public. Since then, I have been drawn to the investing world. For that reason, Investing in stocks, mutual funds, and potential start-up companies, not only for myself, but in order to aid others in becoming more financially independent is my dream.

Some of the other stocks that I owned at different times in the stock market game was AT&T, Verizon, Disney, Mcdonald’s, Nikes, and Home Depot. I made the decision to get rid of these stocks because they were having me to lose more money then I was gaining from them. At the end of having these stocks I losted more money then what I bought them for.

The stock market is always fluctuating. While watching the stock market for the last three months I have noticed that it’s a continuous guessing game. One day your stock might gain several point then the very next it could drop. Luckily enough my stocks never dropped tremendously, the outcome of my stocks wasn’t as great as I would have hoped but I also didn’t lose any money. Each stock varied a little different than the other.

I was lucky. The stock market crash took a big toll on everyone I knew around me. Many had lost their hard-earned jobs, their hard-earned homes, and their hard-earned cash because of the mistakes of speculators at the market. If I followed in the footsteps of those who invested all they had in the market, I would be in the same place they were. To say the least, yes I was lucky.