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Mr. Pruett’s Stock Market Simulation
Or it’s more famous name…“Get rich or die trying…”
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What is Stock? Buying stock is simply investing money to buy a portion of a business to make a profit. Stock ownership means you are a part owner of that company. If the business does good the value of your stock increases. If the business does bad the value decreases.
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January 1, 1926 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Johnson’s Gold Edison’s Electronics Price per share $10 $5 $15
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May 8,1926 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Johnson’s Gold Edison’s Electronics Price per share $15 $10.50 $11.50 $21.00 $20
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February 4,1927 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Johnson’s Gold Edison’s Electronics Price per share $25.75 $20 $25.25 $32 $22.00 $25
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June 2, 1927 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Johnson’s Gold Edison’s Electronics Price per share $20 $17.50 $20.75 $35.25 $25 $20.50 $38.25
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April 12, 1928 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Johnson’s Gold Edison’s Electronics Price per share $32.00 $26.50 $25 $40.75 $30 $35
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October 29, 1929 Name of Stock General Motors US Steel Coca-Cola
JP Morgan Bank General Electric Company Johnson’s Gold Edison’s Electronics Price per share $2.75 $1.50 $1 BUST $.50 $18 $.25
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Questions Percentage-wise, how much did you lose on 10/29/1929 compared to your original investment date? Why was “credit” your biggest enemy now? Thinking about the answer in #2, why did so many people go bankrupt?
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