Need help with a Stock market game!!!!!!!?

Question

I have a project for my business class, and I don't know anything about stocks....!!!!
I don't know how it works, and what to do after i bought my stocks!!!! I've been surffing on the web and I didn't find anything.
I REALLY NEED HELP!!

OK! LEMME EXPLAIN YOU SOMETHING, IT'S A GAME; A SIMULATION!!! it's a class project ok?
www.stockmarketgame.org

Answer 1

Here's a couple of sites that try to explain " investing" for beginners:
http://moneycentral.msn.com/beginnerguide.asp?page=introduction
http://finance.yahoo.com/education/begin_investing

Basically you are trying to buy shares of companies that you believe will do well in the next few months.... you make your decisions on what to invest in by thinking about what companies make, sell, or handle... then you read about what areas in the trading world are doing well or have a little better chance of doing well in the near future... ( the " home" pages of yahoo/finance or moneycentral/msn have all kinds of articles re-printed from financial papers/mags...just to get an idea of what " investors" look at.)
In a contest or game, usually the winners are someone who picks some stock that's been a loser for awhile, but suddenly gets " hot" or maybe gets " bought-out" by another company.
...but if you just want to create a " portfolio" of stocks that will at least make some money during the course of the game, stick with the essentials and basics of life...energy, drugs, agricultural products, even tobacco... those kind of things just go along and make a little money even when times are bad.
Lately one area that is doing well is " shippers"..they handle all the world trade that's going on...also basic metals, for the growth in China ,India, etc.
If you enter some of these symbols in the " quote" box on one of those pages you will have a list to choose from...
PCU.. BHP..FRO..TBSI..NM..EWA..EMC..MELI..HMIN..MO..TSO
I hope this was clear enough to understand...good luck.
...more: MELI..TSO..MO..HPQ..UTX

Answer 2

What you need to know isn't on the net. Read, "The Intelligent Investor," by Benjamin Graham. You can find it in any Barnes and Nobles, Borders etc. It was last published in 1972, he died shortly thereafter. It will be in print in 2072. The second richest person in the world became the second richest person in the world using this book. He started with $10,000 in 1956. I use it and I get 20% per year pretty much every year. It is simple and it works. Read the introduction and prefaces too.

Stocks are proportionate ownership claims on businesses. If you buy a share you own one fractional claim on all future income and any assets in the event of dissolution. So, if a company is expected to make $1 per share forever and you pay $10 then you are going to make a better return than someone who pays $12 for precisely the same opportunity.

If you bought your stocks well, then you do not need to do anything with your stocks except sit on them. Trading requires a tremendous amount of experience which you do not have. You need to select stocks well and then do nothing except sit back and watch them.

The single largest component of investing is minimizing mistakes. Sounds obvious but it is very hard to do. It is impossible to know which stock will do well, but it is relatively easy to figure out which ones will do terrible. Simply excluding the terrible excludes most of the stock market.

Go to the university library or to a book store and read. It is the 442nd best seller on Amazon. That may sound low, but that is over Amazon's existence and it is on a narrow topic, how to make money.

Answer 3

I suggest that you check out http://www.investopedia.com/beginner.asp

This website has a lot of free articles and information for beginners in stock trading. This site also has a stock-trading-simulator similar to the one you are using in your game.

But what to do after buying a stock is the same question every investor is trying to answer. And quite often it is a very difficult question to answer even for stock-trading professionals.

Answer 4

What are you talking about? I just ran a search "what is a stock?" You should try it? This is where you should start

http://money.cnn.com/magazines/moneymag/money101/lesson5/index2.htm

Also, I would not refer to the stock market as a game. This is something serious and something that you have to commit to, unless you are rich or like you said a classs project.