Stock Market Portfolio Assignment:
The first step in this assignment is to sign up for a new account at investopedia.comLinks to an external site.. Next, click on “Simulator”. Please click on “Register”. Please use your first and last name as your username. After you have “Registered” – please refer to Step 2. Click on the following links “https://www.investopedia.com/ask/answers/108.aspLinks to an external site.” and https://www.investopedia.com/investing/basics-trading-stock-know-your-orders/Links to an external site.. This will help you familiarize yourself with the game (PLEASE DO THIS BEFORE ASKING HOW TO BUY AND SELL STOCKS).
Please go back to the homepage, and click on the tab “Simulator” on the top of the page.
Click on “Games”. Click on “Join Game”.
The game name is BUS110FA2024 (type this in the box where it says “Containing Words”). The password is BUS110CC.
After joining the game, you can click on “Trade” to buy or sell stocks.
Please only purchase stocks that are listed on the NYSE, NASDAQ, or the American Stock Exchange.
I would advise to not purchase Penny Stocks (those under $5 per share) – these are volatile investments – and can be deemed to be very risky.
YOU MUST include a minimum of 10 stocks on your portfolio.
To get full credit for this assignment you must execute 10 trades (buy or sell).
If you want to gain more knowledge or are uncertain about how to invest I highly suggest that you click on this link to learn more the fundamentals of investing – http://www.investopedia.com/university/buildingblocks.aspLinks to an external site.
In a short paper (length is not important as long as you answer the questions), please answer the following questions:
What prompted you to pick the stocks that are currently in your portfolio?
What stocks decreased and increased in value? What were some factors that may have caused this?
In your own words, explain the attributes of a stock transaction (or trade). This is a good article explaining this
(https://www.thestreet.com/investing/stocks/how-do-stocks-work-14726850Links to an external site.).
What did you learn from this assignment? Do you see the benefits of the stock market?
IMPORTANT – PLEASE INCLUDE A SCREEN SHOT OF YOUR TRADE HISTORY (SHOWING THAT YOU HAVE MET THE MINIMUM NUMBER OF TRADES).
Please include your Username on your submission. Extra Credit – Each student who has a gain of 5% or more on their portfolio will receive 20 extra credit points. Note on Assignment Submissions:
Assignments must be turned in through Canvas as directed. If the assignments are not showing for the instructor, they cannot be graded. Remember to always “submit” your assignments. You can tell if it is submitted properly by going to the grade center and looking at the icon that’s contained in the assignment column. If nothing is there or there is a note pad, contact me immediately. Do not ask the instructor to check to see if it has been properly submitted – that responsibility lies with the student. The problem will arise if the work was submitted in the wrong format. In that case, resubmit the work with an explanation. Each written assignment can be submitted twice if necessary***