we are playing a game at my school and all the money is fake and in exactly 16 days, the person with the most money will win an Ipod shuffle. plzzz tell me anything that might help. and advice will also be appreciated. thanks!
2007-10-20 08:03:34 · 5 answers · asked by Soccer lover 2 in Business & Finance ➔ Investing
US Stocks:
Johnson & Johnson (JNJ)
http://quote.fool.com/summary.aspx?s=JNJ&tks=JNJ
American Express (AXP)
http://quote.fool.com/summary.aspx?s=AXP&tks=AXP
BHP Billiton PLC (BBL)
http://quote.fool.com/summary.aspx?s=BBL&tks=BBL
COSTCO Wholesale (COST)
http://quote.fool.com/summary.aspx?s=COST&tks=COST
2007-10-20 11:13:41 · answer #1 · answered by Anonymous · 0⤊ 1⤋
First off I think its horrible that school's are still doing this... this is not investing & personal finance they are teaching, its gambling....
OK, whew... now that that's done... I've won a few of these but they were year long ones (repeat the following is not investment advice!!!!) What you need is a big percentage gainer. This becomes like swinging in the home run derby but its Johann Santana instead of a batting coach throwing.
Best bet is to hope a technical analysts gets one right. Look for a lower price stock, in short periods they tend to fluctuate more percentage wise. Basically, look around for that fat pitch you can nail outta the park (yes I like to use baseball metaphors with investments -- you wanna stock lineup?)
Buying Apple or Intel might make a good 10 year investment, but your looking for 16 days and to get a better result than the other 30 some classmates.
Another thought would be to short the heck outta something, since most of the classmates will go long... and hope the market keeps tanking...
Oh and tell your teacher, that as an investment professional I believe he/she is teaching bad habits... it would be better for them to have you spend your time learning how to read a Value Line or S&P Report to see what to look for in making investment decisions... (Just part of my continuing rant that what schools teach is out of date, and that personal finance needs to be taught better & more in depth. I mean I got a love of Shakespeare from my HS english lit classes but I really would be better off today if they had taught budgeting and basic financial planning and let me find old Willie on my own.)
2007-10-20 15:02:25 · answer #2 · answered by tiescore 6 · 0⤊ 1⤋
Its a good opportunity for you to learn as much as u can while playing for the stock game @ school. Basic Metals, Oil & Biotech stocks are doing well.. also the International (Chinese / Indian/Brazil) stock markets are having a very strong bullish trend. check out the site ----
http://screener.finance.yahoo.com/stocks.html and pick the stocks based on ur criteria.
Good luck.
2007-10-20 08:41:57 · answer #3 · answered by Sreenu 4 · 0⤊ 1⤋
Look and see where the money is going , stocks like
Google and AAPL are the stocks that are mostly held.
As far as good? like anything else if something else comes around that gets everyone excited, the money will move there.
2007-10-20 09:11:18 · answer #4 · answered by Grandpa Shark 7 · 0⤊ 1⤋
Look at some shorts DUG, DOG, couple longs DISH; ADM; INTC
Good luck
2007-10-20 08:15:22 · answer #5 · answered by crim 3 · 0⤊ 1⤋