Ishmael
@ishbone aka fresh boy
32Following
32Followers
chi-town, IL USA
Joined Jun 6, 2007
The stocks I chose were, X (United States Steel Corp), CLX (Clorox Corp.), and RWT (REDWOOD TR INC.).One of my reasons for my choosing these stocks was the popularity of them. The other was their involvement with making items essential to everyday life. Seeming that X was a big producer with steel and CLX was big in the cleaning industry, I believed they would have been excellent choices.
With that being said my stocks turned out to be terrible investments.
The Uninted States Steel Corp. had to idle three plants causing them to affect 3,500 workers. This cause less production and cause their prices to lower due to the low sales. The Clorox Corp announced that its board of directors has declared a regular quarterly dividend of 46 cents per share on the company’s common stock. This caused them to loose out on a portion of their sales. The REDWOOD TR INC. suffered a a stress with customers mortgage and soon asked to lower their divedend $0.25. These were just.
Out of all my Stocks I would keep Clorox because it was the only one that showed potential. Clorox gained the most money out of all. With that being said I would sell The United States Steel Corp. because it was the highest and I lost most money in that investment. The total money lost in this project $321.68. This project taught me that popularity stocks are unpredictable and should be given more thought and closely watched overtime.
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.
My Music
Artist
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.
ayy watsz poppin get at mee ~misz emma