In my economics class, we are playing the StockQuest stock market game. I started playing the day before the big 9% drop in the market - I got lucky. As part of my investment strategy, I've decided to wait out the storm. I could have bought stocks while they were going down in c0st, but it seems like a better idea to wait until stocks begin to clim again, then jump on while they are still relatively low.
My long term investment plan is to invest in companies that release hot new products. For example, Apple is soon to release the next version of OS X, Leopard, which is almost guarantee to increase the value of my stocks. I also plan to invest in stable stocks, like cerial and toilet tissue, that will always be in demand.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment