Thursday, October 24, 2013

Black Jack

Walking into class on Wednesday, Mr. Kapptie hands everyone a small stack of poker chips. We all sit down and start playing 21. We had to play a minimum of four hands. I felt that each hand I was dealt had potential. I played each hand up to sixteen or seventeen, but after that I felt staying was my best bet. I won some hands and lost but then I let emotion play in toward the end.

Tuesday, October 22, 2013

Buying Stocks

I chose to purchase Anheuser-Busch InBev. I believe that this stock will raise. This is because of the start of football season as well the World Series. Beer sales tend to be good around these times. Also Anheuser-Busch InBev, is the only publicly traded adult beverage company. Throughout time this company has stayed stable without too many dramatic dips or rises. I feel that this stock will rise two to four dollars. I don't think it will raise much more then that because it is a fairly expensive stock already.

Friday, October 18, 2013

Trading vs. Investing

Trading and investing are both ways to make money. The difference is the speed it happens and the commitment. Investing is long term and you have to have commitment to the stocks. Investments are usually steady and some pay dividends. The stocks usually aren't sold at a rapid rate. Trades however are short term. They are usually have a catalyst, or something that will cause the stock to rise dramatically, once the catalyst has happened the stock is sold at the new higher price making money.

Thursday, October 17, 2013

Candy Stocks

All over the floor there is candy and Monopoly money. After scavenging all the loot I could manage, I start to see that the classroom is set up to mimic the stock floor. Chaos is the easiest way to explain this. People were scurrying everywhere buying and trading candy trying to get ahead. It makes you realize the stress these people go through everyday.