Investments
The Stock-Trak investment simulation program began on August 30th, which marked the first day that trading was allowed. A total available amount of $300,000 was used for investing. The objective of this assignment is to maximize the value of the portfolio through November 19th, which was the last day of the trading period. I began the process of choosing specific investments for my portfolio by taking an asset allocation questionnaire (appendix I). Since the objective was to maximize portfolio value, I made sure for each question asked that I chose the answer with the most risk. My reasoning being that having my money in risky investments will on average lead to a greater return than investments with lower risk. The objective did not mention risk tolerance, and I wanted a portfolio composition with a good chance of earning exceptional returns. After completing the survey, I ended up with an aggressive asset allocation plan (appendix II). This stated that 85% of my money should be invested in stocks, while the remaining 15% of my money should be invested in bonds. I had several basic strategies that I felt would lead to my port
Barnes and Noble's stock sold for almost $48 per share in early January. It went down to around $20 per share in July, which was at its 52 week low. I felt confident that this stock would continue its upward swing in the fall. The stock price, unfortunately, slowly declined after I bought it. Kroll O'Gara Company Ticker Symbol: KROG Shares Bought: 500 Sony's stock price was on a small downturn of a largely upward track when I bought it. At the beginning of the year the stock price was at $70 per share. It has since increased and is still increasing. I thought that this would be a good international stock to invest in even though it did not correctly fit my investment criteria. After I used the Wall Street Journal to find stocks that were near their 52-week low I monitored my stocks by viewing some time series charts that I found on the stocktrak homepage. I will now go into detail on each of my 29 buy decisions, all of them occurring on September 10th and each being held for 70 days. I organized my investments in order from the highest annualized holding period returns to the lowest, starting with stocks and finishing with bonds. Coca Cola Company Ticker Symbol: KO Shares Bought: 175 Beginning Stock Price: $54.9375 Ending Stock Price: $60.5000
Some common words found in the essay are:
Period Return, Stock Price, II Stock-Trak, Street Journal, Shares Bought, stock price, holding period, Holding Period, holding period return, period return, annualized holding period, annualized holding, Annualized Holding, Ticker Symbol, ticker symbol, Sears Roebuck's, Kroll Gara's, beginning stock price, beginning stock, shares bought, 52 week, week low, 52 week low, incorporated ticker, incorporated ticker symbol,
Approximate Word count = 2853
Approximate Pages = 11 (250 words per page double spaced)
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