12/18/09 BR- Describe how “buying on margin” or “short selling” can be a risky, but profitable move. Today: - Explain buying on margin and short selling -Watch a short video - Calculate losses/profits from yesterday, hand in to me - get started on your consumer booklet Today: - Explain buying on margin and short selling -Watch a short video - Calculate losses/profits from yesterday, hand in to me - get started on your consumer booklet
“Risky Business” Buying on margin – borrowing money or using others money to buy hoping prices will go up. Short selling – selling stocks you don’t have with the idea of buying stocks at a lower price to replace the ones you sold. Buying on margin – borrowing money or using others money to buy hoping prices will go up. Short selling – selling stocks you don’t have with the idea of buying stocks at a lower price to replace the ones you sold.
In your Group Calculate how much money you earned (or lost) based on the closing prices (in parenthese).
Closing Numbers.. NKE (Nike)$64.05 ($63.25) MSFT (Microsoft)$30.10 ($29.60) GOOG (Google)$ ($593.94) SNE (Sony)$29.01 ($28.58) MCD (McDonald’s)$64.42 ($61.92) GE (General Electric)$15.69 ($15.79) XOM (Exxon/Mobile)$68.43 ($68.22) GD (General Dynamics)$69.45 ($68.51) WMT (Walmart)$53.32 ($52.76) AAPL (Apple)$ ($191.86) DELL (Dell)$13.70 ($13.74) BP (British Petroleum)$57.04 ($55.90 AMD (Advances Micro)$9.27 ($9.12) COKE (Coca-Cola)$53.97 ($54.94) PEP (Pepsi Co.)$60.94 ($60.04) PFE (Pfizer Corp)$19.24 ($18.22) NKE (Nike)$64.05 ($63.25) MSFT (Microsoft)$30.10 ($29.60) GOOG (Google)$ ($593.94) SNE (Sony)$29.01 ($28.58) MCD (McDonald’s)$64.42 ($61.92) GE (General Electric)$15.69 ($15.79) XOM (Exxon/Mobile)$68.43 ($68.22) GD (General Dynamics)$69.45 ($68.51) WMT (Walmart)$53.32 ($52.76) AAPL (Apple)$ ($191.86) DELL (Dell)$13.70 ($13.74) BP (British Petroleum)$57.04 ($55.90 AMD (Advances Micro)$9.27 ($9.12) COKE (Coca-Cola)$53.97 ($54.94) PEP (Pepsi Co.)$60.94 ($60.04) PFE (Pfizer Corp)$19.24 ($18.22)
Completing Your Booklet: 1.Start with the 5 topics (pages) 2.What 5 facts or tips will you put on each page? 3.What picture will you put on each page. 4.What materials do you need? - If you have questions about the project during break me. Remember this project is worth 100 points (part of your class grade) and will determine if you get your consumer ed. credit. - NO LATE PROJECTS WILL ACCEPTED! 1.Start with the 5 topics (pages) 2.What 5 facts or tips will you put on each page? 3.What picture will you put on each page. 4.What materials do you need? - If you have questions about the project during break me. Remember this project is worth 100 points (part of your class grade) and will determine if you get your consumer ed. credit. - NO LATE PROJECTS WILL ACCEPTED!