Sunday, October 27, 2013

Stocks

On the stock simulator I first bought a few stocks just to see how it worked and to figure out the basics of the game. After I got a pretty good idea of how the system worked and how I should be buying stocks I started to buy stocks for certain reasons. I bought Starbucks as a stock as an investment, but only a short term one. I did this because the winter months are approaching so naturally Starbucks is going to be selling more coffee as the weather gets colder and people want a warm drink. Also in the December Christmas time roles around and many people give gift cards as gifts. I figured Starbucks would seek quite a few of these gift cards. By march I feel my stock value will go up roughy 12% (from the value I bought it from) and the value will increase 23 dollars. I feel that it will do this because it is currently going up at a constant rate and if it continues this all the way to march this would be the relative value of the stock increase. In the spring however I plan on selling the stock. I also bought the national oilwell varco as a winter investment as well because in the summer gas prices usually increase but more people get around on bikes and walking as opposed to driving cars so gas isn't sold as high of a rate was winter were everyone is driving to get to destination to escape the cold. From this stock if it continues to increase the way it is the stock values will go up 14 dollars by march. 

6 comments:

  1. I'm so glad you have such good reasons for buying these stocks! I don't so I admire you! Starbucks is a smart idea, I just might jump on that train.

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  2. It sounds like you have thought this out well, and you are going to be rich! :) Wouldn't these be considered trades, though, with the catalyst being winter?

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  3. I like how you break down your logic behind buying Starbucks and that you have a set goal.

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  4. Starting by analyzing how the game work was an excellent idea. Good work breaking down the logic behind the reason you bought Starbucks

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  5. All of your details and reasoning for buying shares of this stock sounds very intelligent and thought out. I love how this blog post is set up, good job!

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  6. I like how much detail you put into your post. It looks like you know what your doing buy telling everyone buy breaking it down.

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