Monday, December 21, 2009

What I've Learned

I believe our group participated equally in the Stock Market Game. We split up the posts evenly by rotating duties each week.

I have learned many things while playing the Stock Market Game and blogging about stocks in general. Some of the most prominent things I've learned include the difference between high risk and low risk stocks, as well as the different characteristics one must look at when planning to invest in long term stocks in comparison to short term stocks, and vice versa.

I would change the way we invested in our stocks. Due to the fact that the Stock Market Game was not played with real money, we chose to invest in very high risk stocks. If this were the case on Wall Street, we would all be out of a job. I would not keep much the same because I do not believe that the Stock Market Game is a very good representation of real-life investing. Furthermore, not many people have that much to invest, and if they did they would not invest it in the stocks we did, due to the risk factor.

Even though I was not high on the real-life aspect of the Stock Market Game, I believe it to be a wonderful learning experience, and I plan to use the information I've learned to propel me into my financial future.

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