Harold George Wagner III Senior Economics Period 2 My Stock Portfolio Harold George Wagner III Senior Economics Period 2
My Stocks I chose to invest my $5,000 in Google Inc, Exxon Mobile Corp, and General Electric Co. due to the fact that I believed that these three companies would help me gain a nice amount of money over a certain period of time.
How Much I Invested I bought all of my stocks on March 14, 2007. I invested about three-quarters of my money into Google, Inc (GOOG) and spent $3512 on 8 stocks worth $439 each. I then invested about three-quarters of the money left into Exxon-Mobile Corp (XOM) on March 14 and spent $1114.24 on 16 stocks worth $69.64 each. Finally, I invested the rest of my money into General Electric Co (GE) on March 14 and spent $372.90 on 11 stocks worth $33.90 each. I spent a total of $4999.14 and was left with $.86, which I divided up and gave to my siblings.
My Profits I sold all of my stocks on January 10, 2008. Google had the most profit, due to the fact that it rose over $200 to $653.39 and gave me a total amount of $5227.12. My profit on Google was a whopping $1715.12! Exxon Mobile did pretty good, too, with a rise of about $20 to $90.99.
My Profits The total amount of money Exxon Mobile gave me was $1455.84, making my profit $341.60 Finally, General Electric did OK with a rise of only $2 to $35.89 The total amount of money General Electric gave me was $394.79, making my profit $21.89 My overall profits totaled $2078.61, giving me a total worth of $7077.75 (remember that I gave my siblings a total of $.86)
Stock Prices
Price History (Stock Growth)
March 14, 2007
January 10, 2008
Overall Overall, Google did the best and General Electric did the worst. As you can see by how much I made, you can do very well in the stock market. However, you can also lose a lot of money. Basically, you need to buy low and sell high and invest in stocks that would be most likely to gain money over a period of time.