hey, we are playing a game in my consumer class at my high school. any suggestions for some quick money stocks

Question

we are playing this game for 8 weeks and we need to make the most money... we have 100,000 to work with. need suggestions for best profit

Answer 1

I don't want to give stock advice here, but in 8 weeks with an initial investment of 100K, you could very easily be well on your way to being a millionaire. I made 8K on a stock yesterday, sold it before the price fell, then reinvested my capital and profit from the previous sale into another stock that was at the bottom swing of its price range, but rated to give me a substantial profit on the upswing.

I would recommend checking Google or Yahoo Finance for stock picks and check the financial news.

Answer 2

The unfortunate thing about your project is that 8 weeks is very short term. Your chance of picking stocks that will make huge profits in a such a short time is possible, but very unlikely as the stock market (and a single stock) is subject to a lot of variance in day to day and even month to month pricing.

Most investments stocks are usually for longer periods of time (think years or decades), however there are people who attempt to make gains based on day-to-day fluctuations. This is much more risky than long term investment.

As for suggestions, check out a financial news website like Motley Fool (http://www.fool.com, my favorite) and read a few articles. They should list some companies that may interest you. Other than that, try to keep your money diversified (put a little bit into a lot of different kinds of businesses),or just invest in companies you're familiar with, and hopefully you'll beat your classmates!

Answer 3

Just check out what the best investors are buying and selling at http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can read posts on investing from the best traders, as well as share your own investing ideas. There is a charting feature, so you can see how your portfolio performs compared to the S&P 500. Also, you can create your own "group" so that you can see how you are doing compared to your friends.

Here are this month's best traders:

http://www.top10traders.com/Top10Standings.aspx

Good luck.

Answer 4

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/4ed13

Answer 5

For a short term GAME like that your BEST odds of winning are buying 1 - 5 really small company stocks priced below $5 (Penny Stocks)

This is extremely RISKY and you may lose the most money also. But in a short term GAME like this it doesnt pay to be conservative and INVEST. Its fictional $$$ so you can GAMBLE! Penny stocks are like roulette (Can lose it all or WIN BIG!).

Answer 6

look in the paper for stocks with a new high for the year. see what they are doing and pick some of them and wait to see what happens. The object of the exercise is to watch and learn. Thy to get stocks where you understand what they do,