Black Jack

My experience while playing the game yesterday was kind of confusing. I didnt really understand the game since i had never played it or seen it played. I did do alright though. I started with 12 chips and ended with 13.

My investments

I invested in Apple and Nike because i identify with both. Apple was a trade because i waited for the Apple event on the 22nd. I just sold it for a gain of 74. Nike is an investment because they have had a very steady increase in their stock. They give a quarterly dividend of  1.11%.

Trade vs Investment

A trade is a short term investment that is waiting for a specific catalyst to make the stock go up. If the stock goes down you can either wait it out or buy more since the stock is on sale. Wen the catalyst happens the stock has to be sold otherwise emotion gets involved and money will probably will be lost. An investment is a long term commitment, like a marriage. Your looking to make money through earning dividends. Again when the stock goes down (around 15%), you want to either wait it out or buy more. This is mainly 4 to five year investment.

Stock market simulation

When we first came to class, we waited anxiously for Mr. Kapptie to tell us what we were doing. When it came time for us to enter the classroom, the only instructions were to take off our jackets because it was warm in the classroom. Once we entered, chaos erupted. There was a lot of obnoxious noises clouding our minds while we all scrambled to gather as much candy and money as possible, which was made even more difficult by the lack of lighting. As the game progressed the prices of each "stock" went up and down. I was given the hint to get rid of all my sweetarts. Unfortunately i could not utilize this since i had no sweetarts to get rid of. Later i bought the hint that tootsie pops would come out with a new product. However, just as i went to buy more the new product came out, making the price skyrocket. It seemed like it was extremely difficult to trade anything. The other students were pretty attached to their goods. In the end, I as not the most successful, having only $2000. This simulation worked really well to help understand how the stock market works and how/ why prices fluctuate.

20% project

I am doing my project with Kaitlyn, Carly, and Rachael. We are trying to get a day with no technology at the school because of the permnant attachtment to it that kids these days have. in september we brainstromed different activities that we can do. we got a prospective date as well.
In October we plan to have the day somewhere around the 23.