Stock Market Project

In the last two months of school, my Language Arts class did the stock market project. The reason we did this project is because one of the protagonists in the book we are reading, The Westing Game, Turtle Wexler also follows the Stock Market. The Stock Market is a form of gambling. What you do is you buy a share of a company and hopefully the company will make more money than it did when you bought the stock. Then you sell your stock and make a profit. The trick is to buy low and sell high. Seems simple right? The problem is knowing if a stock is going up or down. What investors do is they look at the news and other sources to try to find out if they will make a profit on the stock. In our game, each person had an imaginary $20,000 to pretend to spend on stocks. We then kept track of our stock on a spreadsheet that looks like this

As you can see these are the stocks I invested in. By the first week not much changed, I had made $30. Then things started to go down. Tesla started losing money and their stock started going down super fast. Also MOMO and GoDaddy were not doing so well. Although Apple and Amazon did cover up for some of the damage, I lost about $650. This was the same with the second week. Tesla, MOMO and GoDaddy were all doing even worse, but Apple and Amazon were doing pretty well. The third week came and things were slightly better. Tesla started recovering, but MOMO and GoDaddy were still doing terribly. The good news is Apple and Amazon were doing great and they were covering up for my losses. In the end, I lost only $170. Finally, it was time for the stock market game to end. Things have gone great! Tesla was doing insanely well and was almost up to $200 dollars per share. Sadly MOMO and GoDaddy did badly, but Amazon and Apple also did super well putting me at a total of +1107 dollars!

In fact I won the most money in my class so I got a handful of candy! I would recommend the stock market for anyone willing to spend money to get more money in the process.