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As a class assignment, each student of our class is going to have the oppurtinity to "invest" in the stock market. (We are not actually purhasing shares for money) We will have a choice of investing $10,000 into (2-3) Mutual Funds and (3-5) Stocks. We will be holding on to these stocks and in two months, the student who has yielded the highest gain will recieve a $50 savings bond.

I believe I have what it takes to win, but I am seeking outside advice to help me in deciding which stocks and mutual funds to buy.

If you have any suggestions of stocks and mutual funds that will grow rapidly in 2 months, please tell me.

Any help is appreciated.
Thanks, Dusty

2007-02-13 16:16:21 · 4 answers · asked by Dusty 1 in Business & Finance Investing

4 answers

We have the exact same situation in my school. CAKE is very good but only when it is INTaCt. My dad's name is John Paul Morgan. If you look closely, there are three clues to happiness! I live in New Mexico in an ADoBE house. If you find any good stocks, please tell me. In code of course :-)

2007-02-15 06:42:03 · answer #1 · answered by Anonymous · 0 0

First of all many "Mutual Funds" are stock mutual funds. When you mentioned Stocks I believe you mean buying them directly outside of a mutual fund.
In order to win you have got to buy Stocks and the best chance to win would be to buy directly not in stock mutual funds. (while mutual funds are good and I believe strongly in them remember these mutual funds are made up of hundreds of stocks so the upside or downside is not as variable as a single stock.
BUT since this is just a contest go for the gusto and stay with risky directly purchased Stocks.
Which ones are your choice maybe someone on this site would give you the correct choices.
If you do have to buy some Mutual Funds make sure they are the Stock funds.

2007-02-13 16:39:47 · answer #2 · answered by Brick 5 · 0 0

Dusty, do not be discouraged by the olde fashioned investors who can't see short term or medium term as anything but gambling. Your big problem with stocks is that there are beelions and beelions of them. Winnowing them is a task. Some (me) use stock filtering services (cheap, adjustable, find good candidates). But, for you, I advise you to find a copy of Investors Business Daily. Its a newspaper. It is expensive (I pay about $250 a year for it) and is seldom found on newstands. Go to a local broker's office and look at a copy. Forget all of it except for the chart pages. One for NYSE and another for NASDAC. Pick the good charts that are not "rolling over" in the most recent weeks. Don't worry about odd lots, just pick about 5 that look good and spread your $10000 between them. Spend a few minutes and do the math to find the annual rate of return of your choices if their price continues. You will be amazed at the numbers you see. The difference between your assignment and the real world is that you cannot use stop loss orders to protect yourself and can't change your mind if you make a bad choice. But, friend, play the game, get the bond, and think "hey, there is something to this". Take your bond and buy "Come into My Trading Room", by Elder. Or get it from the library. Read it cover to cover. A good read, well written by a friendly guy.

2007-02-14 20:46:22 · answer #3 · answered by ZORCH 6 · 1 0

I can't beleive they would award someone for investing the wrong way.

Picking stocks and funds for short term gain doesn't work in real life

Please don't do this in real life. You are gambling doing this , not investing.

For you Mutual funds you want a European Growth Fund, An Energy Fund, And A Precious metals Fund.

For Stocks you want a Junior Uranium Stock, Goldcorp, and an energy service company stock.


You would never invest like this in real life because it is too concentrated and too risky, but to have a chance at best return in 2 months you have to do things like this

Good luck

2007-02-13 17:46:26 · answer #4 · answered by bob shark 7 · 1 1

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