At school in finance class we are playing the stock market game and we are in the hole like -$6,267 and we invested in google and i think that brought us down alot! Does anyone have any ideas?? We need help does anyone know anything about this stuff????!!!?!?!?!?
2007-11-13 02:10:46 · 5 answers · asked by åmöµr ê† lå mµ§ïqµê❤ 2 in Business & Finance ➔ Investing
invest in Best Buy, Target, basically any sales boutique because after thanksgiving, everyone will be buying stuff for the holidays.
2007-11-13 02:14:28 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Utilities. These are sort of like bonds, with stable return.
Oil / Energy stocks might go up, at least as much as the dollar goes down.
With a recession on, people are may scale back on luxuries, so you might avoid stocks for companies making (or selling) high-priced items.
If you keep picking losers, you may wish to see if the simulation allows "shorting". This lets you make money when the stock price *drops*.
2007-11-13 10:16:43 · answer #2 · answered by A Guy 7 · 0⤊ 0⤋
Right now, South America is hot. As long as commodities rise, so will South America.
Try investing your virtual dollars in ILF and EWZ.
Also, China is good right now. China Mobile has just entered India and has had a recent correction. CHL is a good investment to recoup that loss quickly.
2007-11-13 10:15:30 · answer #3 · answered by AlexAtlanta 5 · 0⤊ 0⤋
Google was way up today, stay with it, tech stocks are back. If you want to track stocks for free, go to yahoofinance.com.
2007-11-13 22:15:51 · answer #4 · answered by liorio1 4 · 0⤊ 0⤋
good gone down then the best thing is to wait till the stocks rise up.Mean while buy berkshie hataway shares.
2007-11-13 10:27:34 · answer #5 · answered by mani k 1 · 0⤊ 0⤋