Stocks, the twisted and ever-changing stocks. The thing that keeps people up at night, all night. Why do people work on stocks? Is it worth it? Well yes. People can possibly make millions of dollars investing and selling stocks. As I said earlier, the stock market is ever-changing. A share trader, someone who works with stocks, watches stocks like a hawk. Lucky for me I got to become a share trader.
In Language Arts, my class and many other 6th grade classes did a stock market project. Each person had 20,000 (fake dollars) to spend. Each student could pick six companies to invest their money in. One important exception to being a share trader is that every student couldn’t trade stock. Every student couldn’t trade stock because it would make the stock project so much more complicated for the classes. We used google sheets as a place to record gains and losses which everyone would lastly put on a company card. Here are the stocks I invested in and why.
I invested in The Walt Disney because sometimes the business makes movies that draw lots of money. I invested in Apple because Apple makes products a ton of people buy. I invested in The Boeing Company because the company was on the main page of the app stocks. I invested in Starbucks because it came to mind when I thought of where people spend money. I invested in Nike because tons of people, and athletes, shop from Nike. Lastly, I invested in Kroger because I thought people would buy important things in Kroger.
With all of these stocks combined, by May 12, I had lost $3544.61. I had lost a lot of (fake) money. One valuable lesson I have learned from stocks is that you might lose tons of money. However, if you do research about where money is being put and why you might have a chance at getting rich. I never did any research on my investments. This project was actually inspired by a character from the book The Westing Game who is obsessed with stocks. The character’s name is Turtle and she uses stocks to get money in the story. One really fun thing that went along with this project was the company card. Every student in my class made a card for their earnings that derived from their data from their sheets. Along with the data everyone got to make a picture and name for their company. I have a picture of my card above. My company is called The Route To Go. I really enjoyed the stock project. I don’t know yet who has made the most money out of every class. I have a final photo of the big process of my stocks if you want to see more detail. It is above just like the company card. All I know is that I am never going to invest in stocks until I know what I’m doing.