Select ten stocks and set up a watch account. Be certain the companies are in different industries;
Question:
Select ten stocks and set up a watch account. Be certain the companies are in different industries; you want a diversified portfolio to help manage your risk exposure! Invest $1,000 in each company starting with the closing price as of the day you set up the account. If the price of a share is $34.21, buy $1,000/$34.21 5 29 shares. A watch account at Yahoo! (www.finance.yahoo.com) will maintain the value of the account and your profit or loss on each stock if you enter the number of shares and the price paid per share. (If you prefer to use a watch account at another site, that is also acceptable.) For comparisons add an index such as the Standard & Poor’s 500 stock index (ticker symbol: ^GSPC) or the Nasdaq index (^IXIC).
StocksStocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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1 Microsoft Corporation MS FT 1 000 invested 34 21 shares 2 Johns...View the full answer
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
