Wednesday, May 13, 2015

Stock Market Game


My overall experience with the stock market game has been positive despite that I lost a lot of money. One of the lessons I learned is that I shouldn't invest in stocks that are priced over $50.00. In the beginning, many of the stocks I purchased were from companies that I am familiar with, such as Apple, Facebook and Twitter. However, I lost a lot of money on these companies because they were overpriced. I learned that it is better to invest in companies with low stock prices, so when I end up facing a loss, it will not be too severe. 
With that said, I lost about $5000 in the game. I am at ranking 35, with $495,148.67