Introduction The focus of this challenge was to undergo extensive research and then use that knowledge to invest responsibly into six stocks. We were given $100,000 to to invest. This challenge taught me how unpredictable stocks can be, and how tricky an investment can become. The six stocks I chose to invest in were Tesla Motors, Air Canada, Apple, Audi, Tim Hortons and Netflix. All together I made $10,530.63. The stock that made me the most money was Tim Hortons (invested $10,000 and has a current value of $21,038.36). The stock that lost me the most money was Audi (Invested $30,000 and holds the current value of $26,829).
Corporate Profile: Audi (NSU.F)
Audi is a German motor company owned by Volkswagen founded July 19, 1909 by August Horch …show more content…
For instance, I always thought it was very easy to invest into stocks, after this challenge i realized that it is not as easy as it looks. When making the decision on what to invest in, I found I had very little idea on what I would like to invest into. Investment takes a lot of research and it is incredibly difficult to have a thorough grasp on what to invest in just by looking at the price. One has to accumulate past, present and future prices, news and ideas in order to ensure the best stock has been chosen for investment. I learnt to do my own research as it is not a good idea to invest in something just because a website suggests it or my friend has invested into it. This did not end very well, as for some of my stocks, I had no research for. Another thing I learnt through this simulation was that a great track record does not at all guarantee a strong performance in the future. Yes Audi did well the previous year, but that clearly did not happen this year. Although I am not entirely sure how to overcome this, I have learnt what goes up, will come down. This works the other way too, unless the company is bankrupt, the stock can go back
Corporate Profile: Audi (NSU.F)
Audi is a German motor company owned by Volkswagen founded July 19, 1909 by August Horch …show more content…
For instance, I always thought it was very easy to invest into stocks, after this challenge i realized that it is not as easy as it looks. When making the decision on what to invest in, I found I had very little idea on what I would like to invest into. Investment takes a lot of research and it is incredibly difficult to have a thorough grasp on what to invest in just by looking at the price. One has to accumulate past, present and future prices, news and ideas in order to ensure the best stock has been chosen for investment. I learnt to do my own research as it is not a good idea to invest in something just because a website suggests it or my friend has invested into it. This did not end very well, as for some of my stocks, I had no research for. Another thing I learnt through this simulation was that a great track record does not at all guarantee a strong performance in the future. Yes Audi did well the previous year, but that clearly did not happen this year. Although I am not entirely sure how to overcome this, I have learnt what goes up, will come down. This works the other way too, unless the company is bankrupt, the stock can go back