Investopedia Simulation
Comm 200
Investopedia Simulation Assignment
Executive Summary
The purpose of this report is to illustrate my experience of participating in the Investopedia simulation. It will outline my initial strategies as well as changes in my investment methods as the simulation progressed. Essentially, the report will capture my assessment of the knowledge gained from my experience with investing in stocks.
The report includes my background with regards to the stock market and past experiences in related fields. In addition, it illustrates my initial purchases and strategies in investing as well as how these strategies progressed as the simulation went on. Furthermore, the report outlines what external sources I used to help enhance my knowledge and investment abilities and overall, what I learned from this entire process.
The majority of my research was done through online sources to analyze trends in the market in order to decide which stocks to buy and which ones to sell.
In the end, I found that the stock market is a dangerous place. Investing in companies takes mountains of research in order to decide which one is worth your money. It is essential to know the ins and outs of a company before putting your money in harm’s way. Otherwise, it is essentially gambling your money at a casino.
Report
Before the launch of the Investopedia simulation, I had no prior experience or exposure to the stock market. I did not have the chance in secondary school to enroll in an introductory business course and have not had the opportunity to manage a portfolio prior to Comm 200. However, following day to day news, I have encountered the majority of the terminology presented in the market sector as well as the existence of stock exchanges. However, I would not go as far as referring to myself as ‘investment savvy’.
Knowing this, the simulation started and the initial purchases needed to be made. From appendix 1 and 2, the initial purchases can
Investopedia Simulation Assignment
Executive Summary
The purpose of this report is to illustrate my experience of participating in the Investopedia simulation. It will outline my initial strategies as well as changes in my investment methods as the simulation progressed. Essentially, the report will capture my assessment of the knowledge gained from my experience with investing in stocks.
The report includes my background with regards to the stock market and past experiences in related fields. In addition, it illustrates my initial purchases and strategies in investing as well as how these strategies progressed as the simulation went on. Furthermore, the report outlines what external sources I used to help enhance my knowledge and investment abilities and overall, what I learned from this entire process.
The majority of my research was done through online sources to analyze trends in the market in order to decide which stocks to buy and which ones to sell.
In the end, I found that the stock market is a dangerous place. Investing in companies takes mountains of research in order to decide which one is worth your money. It is essential to know the ins and outs of a company before putting your money in harm’s way. Otherwise, it is essentially gambling your money at a casino.
Report
Before the launch of the Investopedia simulation, I had no prior experience or exposure to the stock market. I did not have the chance in secondary school to enroll in an introductory business course and have not had the opportunity to manage a portfolio prior to Comm 200. However, following day to day news, I have encountered the majority of the terminology presented in the market sector as well as the existence of stock exchanges. However, I would not go as far as referring to myself as ‘investment savvy’.
Knowing this, the simulation started and the initial purchases needed to be made. From appendix 1 and 2, the initial purchases can