Friday, September 23, 2011
My stocks
So far I've invested in Apple, Starbucks, Limited Brands, and Amazon.com. I decided on buying 25 shares of Apple because they've created a lot of new technology that people use like the iphone, and macs but so far I've lost $155.53 and each stock is worth $410.62. Tomorrow I'm expecting my stocks to rise to $425.00 since it's the weekend and people go shopping so they'll buy more technology. I bought Starbucks because so many people feel like they need their coffee in the mornings, and Starbucks is a major coffee company in the United States. Their main competitor is Mcdonalds, but since Mcdonalds sells more than just coffee I decided to not invest but it's also doing better than Starbucks so I'm reconsidering. I bought 50 stocks at $41.01 each and our worth $38.55 but tomorrow it'll drop to $38.00 because not as many people need to wake up early and buy coffee on the go, since it's a Saturday and can make their own at their house.I bought 50 stocks of Limited Brands at $41.09 because they own so many branches of stores and the charts show they were increasing in profits in the last 6 months. It's now worth $39.64 a stock but will raise $41.00 tomorrow because they more people will go shopping since it's a Saturday. The last 35 stocks I bought for $237.32 is Amazon.com because on the charts it went up in the last 6 months quite a bit and so many people shop online I thought it would be perfect. Now it's worth $229.91 but it will go up to 230.50 because again it's Saturday and people shop more during the weekend. In all 3/4 of my stocks will increase tomorrow because it's a weekend and people tend to spend more and shop more.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment