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Monday, September 17, 2007

Feedback Sept. 10-14

In the stock market game, I did really well, receiving 309 dollars and getting an A-, third best in the class. I think one of the advice that really worked was, buy low sell high. It was true because, theres no reason to buy a stock that is worth 40 dollars, and have it go up to 41 dollars. Also, you shouldn't put all your eggs in one basket. Conor put a lot of investment into Comstock Silver, he has a gut feeling that it was gonna do good. He was wrong. In some cases though, if you were lucky, that might work. If you were to buy tons of Drexel and Morgan, you would be insanely rich, getting a 40 dollar profit per share you bought. Also, you need to spend money to make money. Thats just common sense. You cant just expect to make a profit without doing anything. Overall though, I made a 229 dollar profit. Hooray! Probably the let affective piece of advice was "don't let your emotion get the best of you." I didn't really find that necessary. It basically said that you shouldnt get sad and you shouldnt get happy. But overall, I think that the tips did help us. Thank you, Mr. Coyle!

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