All Vocab

1.STOCKS-a piece of the company that we own.
I invested in the Walmart this stock this week because it should go up because of Christmas.
2.BONDS-a debt investment where the investor loans money to a buisness/corporate that borrows funds and returns money with interest.
My grandmother gave me bonds for christmas, but I won't be getting $20 for another 10 years.
3.DOW JONES-Add the component stocks prices and dividing by the number of componets
I decided against buying stocks from Disney because the dow jones has been bad for the last year.
4.EQUITY- ownership of an asset that is completly paid off
My parents have not paid off their equity to their house yet.
5.DIVIDENDS-a distribution of a portion of a company's earnings.
Since I helped start my brother's lemonade stand by loaning money, I get a dividend of their profits.
6.EARNINGS-amount of profit that a company produces.
Johnson and Johnson's earnings are large this quarter.
7.PRIVATE COMPANIES VS. PUBLIC COMPANIES- You have to work for a company to buy from a private companies stolks and public companies' stocks are open to the public to buy.
I can't buy private company stocks but I can buy Walmart stocks.
8.GROWTH STOCK-Shares in a company whose earnings are expected to grow at an above average rate relative to the market.
I'm glad gold stocks have been up so the growth stock is better.
9.RISK-The chance of losing some or all of the original investmesnt.
If I had invested in GM a few years ago, it would've been a horrible risk to take.
10.SMALL CAP- Stocks that have less than $2 billion in their capalization.
Parlor News my local small town coffee shop is a small cap buisness.
11.MID CAP-Stocks with an average market capitalization.
Starbucks is a midcap company because it has more than $2 billion but less than $10 billion.
12.LARGE CAP- A company with the biggest market capitalization.
Walmart is a large cap company because it has so much money.
13.EXPLAIN THE NUMBER OF THE DOW (UP OR DOWN) WHERE DOES THE NUMBER COMEFROM?The number of the dow represents the average prive of 30 of the largest stocks being traded and the number comes from what the prices of these stock are on any given day.
The dow is up today because the president fixed our economy.
14.WHAT IS THE S AND P 500?-Stands for standard and poors 500 and is an index made up of 500 differenct stocks and is the benchmark of the overall market.
15.WHAT IS THE RUSSELL 2000?Index measuring the performance of 2000 smallest companies.
The russell 2000 is doing horrible because all the smallest buisnesses ran out of buisness.
16. TREASURY BOND-A government loan with a fixed rate and maturity of over 10 years.
I'm about to cash in my treasure bond.
17.INFLATION-General increase of price for goods and services over time
Our ecomnomy is doing so well it's the best inflation we've seen in a long time.

18.GROSS DOMESTIC PRODUCT-When a brand new finished product is sold it contributes to the GDP, it’s dangerously used to show strength of our economy.
The gross domestic product has brought our economy up

19.CURRENCY-A form of exchange
CHina has a very different currency than the US.
20.INFRASTRUCTURE-Physical systems of a business or organization, they are often public systems, services, and facilities of a country or region that are necessary for economic activity
The infrastructure has been doing really well with the economy.
21.ECONOMY-The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated
Since everyone is buying things, are economy is doing great.
22.ECONOMIC SYSTEM-The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated
The economic system is low in production today, so the economy is down.
23.SUPPLY AND DEMAND- If the demand is high the supply is low
The supply in gold is down, so the prices have raised.
24.INTEREST- charge for use of money
My interest was so high at the bank that I lost money, instead of made some.
25.ASSETS- Anything that can sell.
I sold my assets today to make more money.
26.ACCOUNTS PAYABLE- An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors.
I have almost paid off my accounts payable but I'm about to miss my deadline.
27.ACCOUNTS RECEIVABLE- Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for
My company had a great accounts receivable this year, we increased by 10 thousand dollars.
28.AMORTIZE-The paying off of debt in regular installments over a period of time
I have to amortize for my car for the next 6 months.
29.ECONOMIC INDEX-An indicator on what's going on in the economy.
The economic index for the economy is the dow jones.
30.DEPRECIATION- Decrease of appreciation in value.
I depreciate Sierra hitting me everyday of my life.
31.GROSS MARGIN- Profits divided by net sales
If I sold $500 cats and have $1000 dollars my gross margin is $2.
32.EARNINGS PER SHARE-Net income-dividends on preferred stock/ average outstanding shares.
33.LIABILITIES-A company's debts or obligations that are due
34.OVERHEAD EXPENSE-Overhead ratio is a metric that allows companies to evaluate expenses as a percentage of income
35.OWNERS EQUITYThe capital employed in a company, computed by deducting the book value of the liabilities from the book value of the assets. Also called net assets, net worth, shareholders' equity, or shareholders' funds.
36.PRODUCTION COST-The costs related to making or acquiring goods and services that directly generates revenue for a firm. It comprises of direct costs and indirect costs. Direct costs are those that are traceable to the creation of a product and include costs for materials and labor whereas indirect costs refer to those costs that cannot be traced to the product such as overhead.
37. WORKING CAPITAL-. The cash available for day-to-day operations of an organization.
38.LOAN-Written or oral agreement for a temporary transfer of a property (usually cash) from its owner (the lender) to a borrower who promises to return it according to the terms of the agreement, usually with interest for its use
39.LOSS LEADER-Good or service advertised and sold at below cost price. Its purpose is to bring in (lead) customers in the retail store (usually a supermarket) on the assumption that, once inside the store, the customers will be stimulated to buy full priced items as well.
40.SCARCITY-Ever-present situation in all markets whereby either less goods are available than the demand for them, or only too little money is available to their potential buyers for making the purchase. This universal phenomenon leads to the definition of economics as the "science of allocation of scarce resources."
41.OPPORTUNITY COSTS-A benefit, profit, or value of something that must be given up to acquire or achieve something else. Since every resource (land, money, time, etc.) can be put to alternative uses, every action, choice, or decision has an associated opportunity cost.
42.EXPLICIT COSTS-Expense that is contractual in nature and definite in amount, such as rent, salaries, wages, or utility bills. Explicit costs are easily recognizable for classification and recording.
43.IMPLICIT COSTS-The costs associated with an action's tradeoff. It is related to explicit costs, which represent the actual costs of an activity, and represents a cost that is not recorded but instead implied. For example, an employee could take a vacation and travel. The explicit costs would include travel expenses, the cost of a hotel room, and costs related to entertainment. The implicit costs relate to the tradeoff, namely the wages that the employee could have earned if the vacation was not taken.
44.PRICE-An amount what an item is worth
45.RELATIVE PRICE-Price of a commodity as it compares to another. The relative price is usually presented as a ratio between the two prices.
46.INCENTIVES-Inducement or supplemental reward that serves as a motivational device for a desired action or behavior.
47.PROFIT-The surplus remaining after total costs are deducted from total revenue, and the basis on which tax is computed and dividend is paid. It is the best known measure of success in an enterprise.
48.LOSS-The amount that was deducted from the total cost
49.EQUILIBRIUMState of stable conditions in which all significant factors remain more or less constant over a period, and there is little or no inherent tendency for change. For example, a market is said to be in equilibrium if the amount of goods that buyers wish to buy at the current price is matched by the amount the sellers want to sell at that price. Also called steady state.
50.SURPLUS-Extent to which generation of goods, services, and resources (such as capital) exceeds their consumption.
51.SHORTAGE-Situation where the quantity available or supplied in a market falls short of the quantity demanded or required at a given time or price.
52.MINIMUM WAGE-the price at which the goverment chooses the price at the lowest an employee can be paid.
53.PRICE FLOOR-Limit beyond which a cost will not be allowed to fall.
54.BEAR MARKET-Period in which prices of securities or commodities fall by 20 percent or more. During such periods (1) investment interest is generally limited, (2) concerns about the state of the economy abound, and (3) dealers or speculators are more inclined in selling their investment portfolios than to increase their risk by holding
55. BULL MARKET-Securities or commodities market in which prices are rising, bulls are trading in high volumes, investment interest is high, and the public views the economy as strong and getting stronger. Some US bull markets (like the one that ended in the year 2000) have lasted for more than 15 years.
56.BOOM-Period that follows recovery phase in a standard economic cycle. A boom is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment, and a rising stockmarket, usually accompanied by rapidly increasing consumer prices (inflation).
57.BILL OF EXCHANGE-A written, unconditional order by one party (the drawer) to another (the drawee) to pay a certain sum, either immediately (a sight bill) or on a fixed date (a term bill), for payment of goods and/or services received. The drawee accepts the bill by signing it, thus converting it into a post-dated check and a binding contract.
58.BUDGET DEFICIT-Amount by which actual expenses exceed planned expenses. Opposite of budget surplus.
59.CAPITALFactors of production that are used to create goods or services and are not themselves in the process.
60.SHORT SELL-A trading strategy in which an investor borrows shares of a security or futures contract (typically from a brokerage firm's inventory) and offers them for sale to other investors. If the price goes down, as the investor believes it will, he or she will buy the position back at the lower price and return them to the lender. If the price rises, the investor will be forced to buy the shares or contract back at a higher price to return them to the lender, resulting in a loss. In either case, the gross profit (or loss) on the trade will be the difference between the buy and sell price.
61.SHORT COVER-To repurchase a previously sold contract.

Job Shadow

Job Shadow Expectations/ Phone Call

On December 7th, I will be going to Parkside Elementary School for my job shadow day. I will be spending the day in Mrs. Carter's kindergarten class. I am looking forward to spending the day with an age group of children that I'm usually not around. I have no siblings that young so it will be a new experience. I am expecting a fun day full of chaos and not much structure.
According to Google the average elementary school teacher makes about $52,240 a year. Their job is needed in practically every single place in the world. Teachers are the building blocks of the future and are a key component as to what type of person you will be. A kindergarten teacher must get a 4 year teaching degree to teach in a school.
I sent Mrs. Carter an email instead of calling her because there was no phone number given. This went very smooth and I got the same answers that I was expecting. I figured I would need to be at the school by 7:45 before school started. I knew I would have to dress professionally and I would get a short
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Week 8 Vocab/ Journal

1.) Accounts Receivable- Money owned to you.
Ex: This quarter was bad for the Nike store because the accounts payable was twice the
2.) Ammoratize- To pay off debt by
Ex:
3.) Economic Index- An indicator of what is going on in the economy.
Ex: The Dow Jones is an easy economic index of how the stock market is doing today.
4.) Depreciation- The decrease of price in something because of  a negative situation.
Ex: When Steve Jobs died, Apple's stock's depreciated.

Journal
This week i decided not to invest in anything because my stocks hadn't had any drastic changes that would cause me to take any action. One stock that i bought at the very beginning of the game was Randgold Resources. Randgold Resources belongs to the Basic Material sector. I thought this would be a good investment because gold seems to always do pretty good even when the stock market is doing bad. I bought this stock for $ 101.73 and i did this because according to their 52 week information, this was in the middle, leaving much room to grow.

Video

1.) What is your opinion about the video, explain!
I feel like it's unfair for the Senate and Congressmen to be able to buy stocks. They have insider information that gives them an unfair advantage of the public. This defeats the purpose of how the stock market works. If they can have this information then it should be fair for everyone else to have that same information, therefore Martha Stewart shouldn't have gone to prison for the information she had.

2.) What can you do about your opinion?
I can spread my opinion to people around me and hope they will also believe the same thing. This could cause enough people to come together to actually make a difference and put a stop to it.


3.) What is insider trade, what was the information that caused Martha Stewart to go to prison?
Insider trade is when you get insider information from a business about whether a stock will go up or down.  Martha Stewart found out that a certain business was about to sell all their stocks, she went to prison for lying about her infomation.

4.) What is Black Friday and when did it get its name, what is Cyber Monday?
Black Friday is the day after Thanskgiving when everyone goes shoping. It got its name on October 28th, 1929. Cyber Monday is the Monday after Thanksgiving where everyone goes shopping online.

Game Standards

3.2- Students formulate solutions to economic problems.You start off with a certain amount of money and as the game goes and you start to build houses, buildings, and businesses you begin to spend all the money that you originally started with. In order to stay out of debt you must start hiring people and building things that will gain you money. This helps you to proceed farther into the game and get higher levels. With the buildings you build you will start to get your money back thus helping solve your economic problems.
3.1- Students explain how different economic systems are organized for production, distribution, and consumption of goods and services.
I think it's important to keep my business away from the residential. This way the people are likely to take my public forms of transportation to go from their homes and spend money at the businesses. This way the whole town is gaining and earning money because of the way the town is set up. It is important for the systems to be set up according to production lines, distribution lines, and consumption areas in order to keep the structure needed to maintain a good system.

3.4- Students demonstrate an understanding of economic principles that influence individual financial planning.
In this game you have to plan according to how much money you started with and how much you must spend to keep your country going. You must know how much money you will get from each building at any given time to plan how you will spend your money. If you spend to much it is a very slow process to get enough money back to actually proceed on in the game. This entire process has to do with planning how to use your money for the most effective way.

4.3- Students evaluate the impact of technology and how it has shaped history and influenced the modern world.
In this game it is important to keep up with the most modern things in order to receive the most amount of money and experience points. This teaches us how to use this technology to get ahead. The technology that has been invented in the last twenty years has aloud us to expand much more than anyone thought possible. As my city is expanding i must continue to keep building electrical places in order to meet the requirements. This advancement in technology is slowly shaping how my city is ran and everything that is in my city.  You can do practically everything involving your business without actually moving from in front of your phone or computer. In the game i can click a simple button and have whatever i need to be done, instantly done. This is helping me expand and make further progress very fast.

4.2- Students analyze current events to better understand the world in which they live.
In the game i received a gift which gave me money and XP points. This event shows that i am doing good and its a positive thing. It helped me to understand that when i do good things that i get good things and rewards in return. When getting more friends on the game you receive money and gain having people to talk to about how to play the game the correctly. When new ventures happen that is considered a new event. This helps you to decide what you need to do next. In life sometimes you have a path laid out for you that if you follow it then good things will happen. In this game the same concept happens, if you follow the ventures then you will make good progress.



4.4- Students explain how past events impact the present and the future.
In the game on the very first day i choose to build a bunch of apartments instead of small businesses. This was a poor choice that is still impacting how my game is ran now. I am making a very small amount of money from the apartments compared to the large amount that i could be making if I had chose to build different buildings. This will continue to affect my game until i can make enough money to cover my mistake and build the right types of buildings to earn more money and continue on successfully in the game.

5.1- Students interpret charts. maps, and graphs to answer questions dealing with people, places, events, or environments.
In my country i have all of my businesses in one area and my residential places in one place.  This helps me keep things organized and keep the personal life and business life separate. This way people can go into the city part of my country to go to events and it will stay out of the way of them being at home. It also helps the environment because the parks are separate from the businesses. I also put my windmills far away from everything to save room for the environment.

5.3- Students demonstrate an ability to organize and process information about people, places, and environments.
I have everything grouped into sections. All of my housing is in one section then i have my post office and other things that are used for public use. I saved room between these two areas so that when my city started to grow i would have room for the expansions. I have my windmills in a separate area away from everything so there would be a separation by the environment and the wind could get to my windmills without my tall buildings getting in the way. My tall buildings have their own huge section of land because that's where i make the most money, thus i would need more space for these types of buildings.

Candy Stock

Yesterday we walked into this very dark room. The temperature in the small room was very humid feeling. There were pictures flashing on two of the four walls at a very fast pace that made it very hard to see exactly what was going on. The small space made the noise escalate and the environment continued to get louder and louder as people tried to talk over one another. The space was very cramped and as everyone was running around trying to trade and sell their stocks it made things frustrating.

Throughtout the period things began to run a little bit smoother as everyone started figuring out a pattern that worked best for them. People began walking around the room with motivation instead of just in a random pattern. By the end we had the system figured out and things were running as smooth as we wished the would have from the very beginning. At the very end we got to eat the candy that had been tempting us the entire time.

Kim's channel - 6th phonecast | ipadio | Talk to your World (week 5 journal)

Kim's channel - 6th phonecast | ipadio | Talk to your World

Stock Vocab Week 6

1.   ECONOMY-The production and distribution of goods in services in a country.

Ex:  The U.S economy is struggling, because have so many unemployed people.

2. ECONOMIC SYSTEM- A combination of agencies that provide economic structure.

Ex: The Economic System isn't doing very good because of our rescission and the chaos that is coming from it.

3. SUPPLY AND DEMAND- The higher the demand and lower the availability equals the higher the price for that certain thing.

Ex:  The supply and demand is controlled by the public people depending on what they decide to buy or not buy.

4. INTEREST- The charge for using money.
Ex: I pay interest every time i use my credit card.

Occupy Wall Street

I think there are good points on both sides of this argument. When talking about being against this movement you could definitely say that there is a large percent of people in this country who are taking advantage of this situation. Many people who are going to these protests are being lazy. They aren't looking for jobs and they would rather sit and complain about the large amount of student debts that they may have. But on the other aspect, some people are working very hard to make up for the debt that they have acquired over this period of time. They are making a good attempt to get jobs and working hard to not be one of the many people attending these protests who aren't doing anything. I can see why people would be apart or against the occupy wall street protests.

Stock vocab week 5

1. Inflation- The increase of prices for goods and services over time.
Ex: The inflation of the stock has been up over 50% in the last few months.
2. Gross Domestic Product- When a newly finished product is sold it contributes to the GDP.
Ex: The new IPhone contributed heavily to the GDP.
3. Currency- A way of exchange.
Ex: In America our currency is not the same as in Canada, therefore you can't trade things straight across.
4. Infrastructure- Physical systems of a business that are often public systems of a country that are necessary for economic activities.
Ex: Without infrastructure some businesses would fall apart from the lack of structure.

Ten comments

Taylor Hirsch
Brooke Nisely
Tchae Fike
JK
Zack Kienlen
Jared Nielsen
Alex E
Haley Malone
Tamara Connally
Tess Mitchell

 

Week Four Vocab/ Journal Entry

Vocab
1. Explain the number of the Dow Jones (up or down) where does the number come from? An indicator of stock market prices.
Ex: The Dow Jones read down 2.34% today because most companies were losing a little bit of money.
2. What is the S and P 500? The standard and poors 500 and the index made up of 500 different stocks and its the bench mark of the overall market.
Ex: The S and P 500 is at an overall gain today of $200.
3. What is the Russekk 2000? The Index measuring the performance of 2000 small companies.
Today the Russekk 2000 read an overall gain in income of 5.67%
4. Treasury Bond- A fixed interest loan from the government that has a maturity of over 10 years.
Ex: I bought a treasury bond with 1.5% interest today to hopefully earn triple what i bought it for in ten years.

Journal
From the very start i had decieded that Nike was just a trade for me because i bought it when it was in the lower part of the 52 week range at $ 87.32. I knew with all the sports and holidays coming that it would be a good stock to buy into for a short period of time. This week i decided to short sell Nike. I thought this would be a good idea because I am losing money and there is basketball season around the corner. I believe that with the up coming sports season this stock will go up atleast 5 dollars and I will be earning my money back. More and more people will be buying into this stock because they price will be so good and that will cause the price per share to go up. I bought Nike for $ 87.32. Already over the course of the last month this price has gone up to $ 92.97. I believe that as the sports season gets closer this price will continue to rise at a steady pace until it gets to about $95.00, which is the max for the 52 week chart.

Stock Vocab/ Journal Entry Week Three

1.   RISK-The chance of losing some or the entire thing of your original investment

Ex: The risk i have in losing everything from starbucks is high because of the high rise in coffee bean prices.

2.   SMALL CAP-Stocks with a small market capitalization of 3 million to 2 billion dollars.

Ex: Spreadtrum Communications is a small cap company because its income is less than 2 billion dollars.

3.   MID CAP- Stock with an average market capitalization of 2 billion dollars to 10 billion dollars.

Ex: Eagle Materials is a Mid Cap company because its income is between 2 billion and 10 billion dollars

4.   LARGE CAP-Largest market capitalization that's income is more than 10 billion dollars.
Ex:Apple is a Large Cap company because its income is more than 10 billion dollars.

Journal
This week i choose not to sell any stocks. I decided to do this because none of my stocks showed a big gain or lose that would set me off to sell them. I did some research to see if there were any catalysts coming soon for any of my investments. I have decided to keep Nike because basketball season is coming soon and according to the 52 week graph Nike's stocks go up in price around the middle of October because people begin buying basketball shoes. After the prices sky rocket for a few weeks i plan on short selling it to gain money.
Another stock i thought about was Goodrich. That is the only stock that I'm consistently not losing money on. Eventually when this stock is going up atleast 15%  i will try to short sell it to gain alot of money.

Stock Vocab/ Journal Entry Week Two

Vocab

1.   DIVIDENDS-The distribution of a portion of a companies earnings by the company itself.
Ex: Apple gave dividends to twenty people last week.

2.   EARNINGS- Money earned through paid employment, as profit, or from investments.
Ex: Last month my earnings at work increased a lot because i worked more.

3.   PRIVATE COMPANIES VS. PUBLIC COMPANIES- One that isn't accessible to the public is a private company. A Public company has stocks that are accessible to the public.
Ex: Google is a public company and anyone can buy into it. On the other hand USPS is a privately owned company.

4.   GROWTH STOCK-Shares in a company who's earnings are expected to grow at an above average rate.
Ex: Apple's growth stock is expected to increase 600% over the next week when the new I Phone comes out.

Journal
This week I decided to buy more stock from Apple.I choose to do this because the catalyst is the IPhone5 coming out on October 15. Right now Apple is losing money so it's a good time to buy more stock before the new phone comes out and the price goes up. In this case me buying the stock is a good transaction because in the end I will end up making money. After the I Phone 5 has been on sale for a couple weeks i think Apple will start going back down and that's when I'll short sell my shares. I think buying more stock now will definitely get me more money in the long run. I think that with the unveiling of the I Phone 5 Apple's sales will increase by at least $4.00 a share because everyone will go in all at once to buy the phone and everyone will want in on this stock making the demand much higher. According to the 52 week graph whenever Apple comes out with a new phone or computer the stock prices go substantially higher. Thus, I came to the conclusion that when the I Phone 5 comes out the pattern will continue and I will make more money because the stock prices will go up. Apple's leading competitor is Dell. According to my research Dell is selling its stock for more than $300 less than Apple is, therefore, they are losing less many and also making less money too. Dell isn't suppose to be coming out with anything new anytime soon so I think its safe to say that Apple is still good with getting money.

Another transaction I had this week was selling all 200 stocks of Starbucks. I choose to do this because that was a trade and i was losing money on it. There are no catalyst that I saw coming out anytime soon that would cause me to hold onto these shares so i sold them before i lost more money on them. I did some thinking and around late October is a good time to come back and buy back into Starbucks. That's just as the weather starts to get cold and the holiday season is around the corner, the perfect time to purchase coffee. Starbucks main competitor is McDonald's, and McDonald's has a solid profit and has had a solid profit for the last 52 weeks according to its graph. I think that Starbucks will continue to steadily lose money until the holiday season comes around.

Stock Vocabulary/ Journal post Week one

Week One

1.   STOCKS-a "part" of the company that we own.

Ex: He owns 100 stocks in the company Pepsi and he is making money by owning a part of this company.

2.   BONDS- A debt investment in which an investor loans money to a corporate. It borrows the funds for a period of time with interest.

Ex: She placed a bond on her car for 6 years so she could pay it off over time.

3.   DOW JONES-The system of telling how the stock market is doing on a certain day.

Ex: The Dow Jones is down 400% today but I'm sure tomorrow it will be better.

4.   EQUITY- Ownership of an asset that is completely paid off.

Ex: I need to pay off the equity on my car before i can buy a new one.


Journal:
For one of my companies i chose to buy 100 shares of Pepsi.I bought this at 61.03 a share. Over the course of the week since i bought it the price has down up to 60.34 a share. This company has continued to lose money since i bought it. It's down .58 % at this moment. According to the 52 week chart Pepsi has continuously fluctuated over the course of the year. Its peak was at 71.78 and its low was 59.99. There doesn't seem to be a specific pattern as to certain times that Pepsi does better and worse according to the 52 week chart.Dr Pepper Snapple Group, Inc, The Coca-Cola Company, and Molson Coors Brewing Company are some of Pepsi's competitors. In comparison to these companies Pepsi is losing the least amount of money right now. Another company i chose to invest in was Nike. This cost me 84.72 a share. Over the course of the week the price has gone up to 88.64. The overall value of this stock is up 4.46% right now. According to the 52 week chart Nike has had rough and good patches over the last year. There is never a spot that is a straight line. Its low was 75.45 and its peak was 93.24. Nike seemed to do exceptionally well right before Christmas indicating a lot of people probably bought Nike products as gifts. Adidas is the main competitor of Nike and it shows Nike as making more money than them.
Transaction
I bought 100 stocks from Limited Brands at 41.24 a share. I bought this mainly because i like bath and body works. After watching this stock over the past few days i have decided it was an okay investment on my part. The stock has continued to lose money steadily since i bought it but i believe that eventually it will start to gain money back. I think this because the holiday season is coming up and the chain of stores that Limited Brands owns are good gifts.


 

Kim's channel - 3rd phonecast | ipadio | Talk to your World

Kim's channel - 3rd phonecast ipadio Talk to your World
Kim's top ten brands

What's my cause?

I want to do something to help save money for people in 3rd world countries that don't have homes. I would also like to help collect items that they may not be able to get where they are located. I feel like we in America take advantage of all the things we have and are very wasteful. I would like to take all of our unused perfectly fine things and send them across the seas.

What are my expectations for this class?

My expectations for free enterprise is to learn a little more about the economy in the United States. I would also like to learn more about how the stock market works and the best way to be come successful when dealing with money.