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stocks
PostPosted: Thu Feb 03, 2005 4:09 pm
by Swordguy
Well this is a game we are doing in one of my classes and it is fairly fun. basicly you get money, buy stocks, see who is on top when it is all said and done.
http://library.thinkquest.org/3088/
click on that link, then click enter site, after that click simulation. it will say that the simulation is no longer avalible but it will give you a link click that. then sign up for a user name once you have all that then go to join class.
class name: christiananime
password: caa
you will start out with 200,000$ and are allowed to borrow up to half of your total. 15$ commisions and minimum of 1 dollor stocks.
Sorry but it wouldn't let me chose world market so i chose US market.
PostPosted: Thu Feb 03, 2005 4:17 pm
by agasfas
Done, lets see if I can do as good as I have my senior year in HIghschool. Bring it on.
PostPosted: Thu Feb 03, 2005 6:07 pm
by Link Antilles
Interesting, we had a little contest like this in Highschool, also. Let's see if I can do better than last time.... which, trust me, it wasn't pretty...
Anyways, this time I am doing video game stock.... let's see how that goes...
PostPosted: Thu Feb 03, 2005 8:50 pm
by Zedian
That is so cool...I remember three years ago I actually invested some money in the NASDAQ by buying 40 shares of Sun Microsystems and Peoplesoft. Boy, would I consult with a broker next time, I lost close 500 dollars after that bear market fiasco of 2002.
PostPosted: Fri Feb 04, 2005 9:38 am
by Fsiphskilm
I'd re
PostPosted: Fri Feb 04, 2005 11:13 am
by kaji
I began investing in a few mutual funds last year. Some did pretty well in the last 12 months. Most picked up significantly in the 4th quarter of 04.
Call me silly, but most of my investments are in the Asian market through the Mathews Pacific Tiger fund. (MAPTX)
MAPTX wrote: Pacific/Asia ex-Japan Stock funds cover a wide geographic range. These funds can invest in any Asian nation except Japan, and they can also invest in New Zealand and Australia. Most of these funds focus on export-oriented nations such as Hong Kong, Singapore, Taiwan, and Korea. Because most of these nations are emerging markets, these funds tend to be very volatile.
Anyway, the fund doesn’t invest in any Japanese markets, but it did have a 35.2% rate of return last year. Which is just fine with me. ^_^
Though I don’t have tons of money to invest now, my company does match a portion of my retirement contributions so even if the stocks do bad, I still get free money.
I read some where that by the time my generation retires, we will need roughly $2mil to survive with out working… @_@ Crazy.
-kaji
PostPosted: Fri Feb 04, 2005 1:36 pm
by Fsiphskilm
[quote="ka
PostPosted: Mon Feb 07, 2005 6:04 am
by kaji
You many think it’s a scare tactic, but there is no way anyone could afford to retire today at the same amount of money they could retire at 50 years ago.
I’m sure you know what inflation is. On average, what would have cost you $1000 in 1950 would have cost you close to $7000 in 2000 as a result of inflation.
Even from 2000 to 2003 the average cost of goods and services has risen nearly 6%.
That’s just 3 years! Unfortunately we probably would have been better off in the latter example (1950-2000). Our economical growth is more exponential now, and inflation along with it. So don’t be surprised if what cost you $1000 in 1950, and $7000 in 2000, will cost you more then $50,000 in 2050.
-kaji
PostPosted: Mon Feb 07, 2005 6:18 am
by Fsiphskilm
Oh I'm well
PostPosted: Mon Feb 07, 2005 6:26 am
by Fsiphskilm
[quote="ka
PostPosted: Mon Feb 07, 2005 6:32 am
by kaji
Volt wrote: Along with the inflation of Prices, comes the inflation of Income. So to us $2,000,000 won't seem crazy if we're getting paid the same equivalent inflated income. Of course I see what everyone means by the old folks are going to have trouble. They've got a certain amount of $$$ in the Bank, and so they can't exactly adjust as well as the upcoming generations.
But that’s just it. If you are retired, you will not be getting paid from any one… You hope that what money you can spare to invest now will yield enough money to cover all your living expenses for the 20-30 years you live after retiring. The tough part is that you have to essentially pay to live your life now, and the life you will live in the future at the same time, while expecting your future life to cost more.
Hopefully by that point you would own capital, such as your home and automobiles. This will help save you some money in the end (as its one less inflated expense). If you begin investing early, the mountain doesn’t seam so high, but if you wait too long the summit may not realistically be attainable.
But it sounds like you don’t think $2mil seams so embroidered now.
-kaji
PostPosted: Sun Feb 13, 2005 6:58 pm
by Zedian
I never really took that into consideration but that makes a whole lot of sense -- our generation will need more money but as in now, $1,000 with a rate of inflation could come out to being worth $10,000 ten years from now.
I remember I did a study using a RIA quote, I think it was in one of my programming classes where I had to calculate the rate of return after 30 years.
If I invest $5,000 a year for the next 40 years, I will have a retirement pension of $150,000, take it that the interest rate remains the same during the course of inevitable inflation.
PostPosted: Mon Feb 14, 2005 7:11 pm
by agasfas
BEST BUY CO INC (BBY)
Purchase price: 55.31
Current price: 55.31
BLOCKBUSTER INC (BBI)
Purchase price: 9.77
Current price: 9.77
TIME WARNER INC (TWX)
Purchase price: 18.16
Current price: 18.16
Cash Amount:
Cash 159644.74
Total Interest Earned (4.00% APR) 17.74
Margin (99986.37 max) 0.00
Total Interest Charged (8.00% APR) 0.00
Long Portfolio Subtotal 40328.00
Cash Account Subtotal 159644.74
Portfolio Total 199972.74
But when Checking NYSE.com I found the stock prices are a bit different.
For:
BestBuy it went down to: 54.68 a share
BlockBuster it went down to 9.30 a share
and
TimeWarner down to 17.85...
So accordingly... I lost $944
Is this website up today on the stock prices, it seems off.