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.
No comments:
Post a Comment