I am playing an online stock game for my high school business class. We were given 100000 dollars in the be
I am playing an online stock game for my high school business class. We were given 100000 dollars in the beginning of the game. I invested all my money in 1737 stock of Nike. I'm winning but I don't think I'm playing the correct way. Please help thanks
Additional Information:
I am playing this online stock exchange game for my business class. We were given 100000 dollars, I spent all of money buying stocks from Nike. Somehow I'm in first but I want a safer way to maintain first. What other companies are safe to invest in? Thanks.
Answers
109 points
No1intheknow answered one month ago …
Diversify, move your dollars into at least 10 dif sectors, some safe, some risky, some companies that pay dividends and have for awhile. Choose 10-20 stocks from that info.
Read more from No1intheknow106 points
beachlvr0804 answered one month ago …
don't buy bank stocks..............too volatile......look at ARCC.....they pay a .35 cent dividend.......I bought 3300 shares at $9........has gone up 2+ a share plus paid $1,155.00 dividend payment last week.
Read more from beachlvr0804
904 points
jillybeansisme answered one month ago …
What are the rules of the game you are playing? If you are supposed to be learning something from this exercise, you might want to read a few of the articles here at Tickerhound about the different stock and commodity exchanges beginning with an introduction to them. You might want to browse the various questions from other people to learn. Read some of the "free" newsletters, such as stockgumshoe.com, etc.
You should never put all your eggs in one basket. Diversify. Figure out the up-n-coming sectors and invest in that sector. Figure out your risk tolerance. In order to diversify, you might buy ETFs.
104 points
ralis002 answered one month ago …
hey if you are up on every body get out! sell 90%!
Then I would re-invest a small portion of what eve you have in some smaller risky stocks:
FONAR
not sure if that is the ticker or not.
They are a medical group that are very very innovative! The governance of this group solid.
otherwise stick to dividends:
Dominion Power: D
108 points
Riccodirt answered one month ago …
Try Trend Technology Corp. (tret) and Worldgate Communications (wgat) and mask certain you do your research on any stock picks your looking at
Read more from Riccodirt
3963 points
MNSL answered one month ago …
If you want safe, you must invest in n massively undervalued global stock and assets now.
Remember always that there are opportunities in any types of market. For example, contrarian intelligent investors and intelligent investors know how to invest in the current market better than others.
Different people should invest in a different way according to their experience, knowledge about the market.
Some options:
Invest in undervalued defensive food stocks with great growth potential during next five years.
Invest in extremely undervalued dividend stocks
Invest in quality stocks with rising stocks prices, profit and growth
In short, you have to be global, sector oriented and rotating oriented in markets, sectors, stocks and currencies during next five years. We will see more and more volatility during next five years.
We will see biggest one-day rallies and biggest one-day drop time to time in the future.
We will see biggest rally in some months /quarters and we will see biggest drop in some months/quarters in the future
For example, market such as Honking can drop more than 500 points in a single day. Following day, it can go by more than 500 points. It has happened so many times in this market.
Always concentrate on next rotating sectors and neglected escorts. You will find hidden gems in those sectors.
