After evaluating our investment behaviors, for the first two meetings of February we shifted our focus to a specific type of speculation: stock market. Speculation is a transaction in which you are uncertain about the profits. We started off by talking about risk and how it played a significant role in investing. Being able to identify risk would be helpful in crafting an effective investment plan. However, I would like to emphasize that investment in this case was not always stock market, real estate, mutual funds, etc. Instead, going to college or buying a new car were considered investments too. I shared a quote I found with the group:
“You have to realize that sometimes there will be inefficiencies or you will make the wrong move, but if you constantly work at improving yourself, you can be successful.”-Patrick Goldin I led the group to discuss about what could affect the stock prices, and the group came up with consumer tastes, economic conditions, the government, and media which was a really good start! They were asked to identify some that were occurring at the time. The group brought up the new presidency and cyber security trend. In addition, the next meeting was dedicated to share some news articles that each member found related to the current trends and the stock market. This information will be used in industry analysis later on.
1 Comment
Jon Calos
4/3/2017 10:27:51 am
You club experience has been a nice part of your project. I have been impressed with your leadership and planning. You seem to be in good shape to finish up the year with your club members!
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AuthorMy name is Nat from Emma Willard School. I am exploring and learning about the stock market! Archives
May 2017
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