Ishmael
project
Dec 3, 2008
When choosing stocks, I wanted to select stocks that were big in business. I felt big businesses that made a lot of money were to make a lot of money in shares of stocks. The three stocks I chose were Google, Honda, and Best Buy. Google and Honda were stocks that I thought were mainly made a lot of money. Google is a big and popular website online. I had a feeling that google would make money. Google is search engine, it came out with a phone, and its been a popular website for a long time. Honda is a good foreign car company that makes good long lasting cars. Best Buy is mainly an electronic store but it sells other merchandise. These are the reasons why I chose my stocks.
Google was my best stock, Honda and Best Buy failed me. Google is a good stock, a lot of people use google and that’s why I think it made money. Honda didn’t make a lot of money, maybe because sales were down or foreign cars became too expensive. Best Buy didn’t make money probably because there is other stores like Circuit City, that are in competion with Best Buy. Google would have been the only stock I would of kept, Honda and Best Buy is what I would of tried to trade. From this project, I learned that it is almost impossible to predict whether the stocks will be up or down or not, because my portfolio did not end up making a lot of money at all.
Share
Post comment
Like
