Pre-Project Questions
Being new to stocks, the market and how they work I don’t think I will do so well in this assignment. I don’t know much about stocks and how they work so I will have some trouble knowing what to invest in, when to do so and the selling part of the virtual stocks game. However my dad does have some experience so I hope he will be able to give me some advice so I don’t loose all of my 10,000,000$ in one day. I have been thinking about what I should invest in and the best conclusion so far is: cocoa beans, tea, coffee beans and milk. I have recently heard that cocoa beans and tea leaves will be going up in prices so I hope it will be a good investment. Thinking about what people enjoy as raw material I thought that coffee is something a lot of people enjoy drinking so it wouldn’t be a bad idea to invest in that. The last one is quite unordinary but in a recent conversation with a friend we came to the understanding that milk is something people drink in their everyday life. Other foods, such as cheese, butter, yogurt are all made from milk, so there seems to be no reason to bet against it. This is my plan for now, but i don’t know if i will stick to it or if it will work but all I can do is hope for the best.
