Monday, December 19, 2011
Thursday, December 1, 2011
Job Shadow post/ Final Journal post 11/30/2011
For my job shadow, I will be going to Sleeping Giant Ski Area, to be with the Ski Patrol for the day. I will learn what the Ski Patrol does, and hopefully it will be a future job after graduating the USAF SERE school after high school. Ski Patrol's job is to ski all over the mountain looking for people to help if they are in need of help, EMT work on the mountain, and searching for lost skiers/snowboarders. I will be going with Scott Larsen, a Ski Patrol at Sleeping Giant. I am really looking forward to this job shadow because it will help me prepare for being in Ski Patrol later in life.
Vocab word #31 Gross Margin: A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. Example: A company would show its gross margin to show how much money was made from sales. Sentence: The formula for figuring gross margin would be Sales revenue-cost of goods/Total sales revenue=gross margin
#32 Earnings per share: The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Example: The earnings per share is a good indicator of how much money a company is making. Sentence: The company posted their earnings per share in the weekly newsletter
#33 Liabilities: A company's legal debts or obligations that arise during the course of business operations. Example: A debt could be considered a liability. Sentence: The companies liabilities were recorded after a federal investigation got them a fine for keeping track of them.
#34 Overhead Expense: Rent, utilities, labor, and other costs of a company. Example: The overhead expense was high because the rent had gone up. Sentence: The new furniture in the lobby was considered an overhead expense for the company.
Transaction: I bought 75 shares of Texas Instruments this week. texas Instruments is a producer of electronic components and electronics such as high end calculators. They are in the consumer goods sector, and the high in their 52 week information was $24.34, and a high of $36.71 per share. I predict the price to go up around christmas because more electronics will be sold with Texas Intruments parts in them.
Vocab word #31 Gross Margin: A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. Example: A company would show its gross margin to show how much money was made from sales. Sentence: The formula for figuring gross margin would be Sales revenue-cost of goods/Total sales revenue=gross margin
#32 Earnings per share: The portion of a company's profit allocated to each outstanding share of common stock. Earnings per share serves as an indicator of a company's profitability. Example: The earnings per share is a good indicator of how much money a company is making. Sentence: The company posted their earnings per share in the weekly newsletter
#33 Liabilities: A company's legal debts or obligations that arise during the course of business operations. Example: A debt could be considered a liability. Sentence: The companies liabilities were recorded after a federal investigation got them a fine for keeping track of them.
#34 Overhead Expense: Rent, utilities, labor, and other costs of a company. Example: The overhead expense was high because the rent had gone up. Sentence: The new furniture in the lobby was considered an overhead expense for the company.
Transaction: I bought 75 shares of Texas Instruments this week. texas Instruments is a producer of electronic components and electronics such as high end calculators. They are in the consumer goods sector, and the high in their 52 week information was $24.34, and a high of $36.71 per share. I predict the price to go up around christmas because more electronics will be sold with Texas Intruments parts in them.
Friday, November 18, 2011
Vocab and Transactions 11/16/2011
Word #26 Accounts Payable- Payments that you make to a person or company. Example- Accounts payable are the bills you pay, and the payments you pay for a good or service.
Sentence- You want your accounts payable to be low.
Word #27 Accounts Recieveable- Money made from selling or investing in something. Example- Accounts payable means the money that you are making. Sentence- You want your accounts recievable to be higher that accounts payable.
Word #28 Amortize- To write off an expenditure for (office equipment, for example) by prorating over a certain period. Example: To amortize someting, you would right it off as a business expense. Sentence- We amortized exhaust pipes as a business expense for our trucking business.
Word #29 Economic Indicator- Something such as the Dow Jones or NASDAQ that shows an overview of the stock market. Example- Check an economic index such as the S&P 500 to see how stocks are doing. Sentence- After seeing that the Dow Jones was down, I decided I should buy more stocks before they go up.
Word #30 Depreciation- To drop or take away in value. Example- Smashing a door on a car will depreciate its value. Sentence- The resturant's property value depreciated when a violent gang moved into the area.
Transaction- I bought 80 shares in Under Armour this week, at the time of purchase each share was $83.50, and it is now at $77.02. I expect it to go up to atleast to $85 in the coming month or so, because of winter clothing being needed more. Under Armour makes athletic and sports clothing that is popular among hunters for the lightweight but warm clothing they make. They are also favored by athletes because the clothing helps them stay dry and warm, or cool and dry, depending on sport and time of year. They are in the Consumer Good sector.
Sentence- You want your accounts payable to be low.
Word #27 Accounts Recieveable- Money made from selling or investing in something. Example- Accounts payable means the money that you are making. Sentence- You want your accounts recievable to be higher that accounts payable.
Word #28 Amortize- To write off an expenditure for (office equipment, for example) by prorating over a certain period. Example: To amortize someting, you would right it off as a business expense. Sentence- We amortized exhaust pipes as a business expense for our trucking business.
Word #29 Economic Indicator- Something such as the Dow Jones or NASDAQ that shows an overview of the stock market. Example- Check an economic index such as the S&P 500 to see how stocks are doing. Sentence- After seeing that the Dow Jones was down, I decided I should buy more stocks before they go up.
Word #30 Depreciation- To drop or take away in value. Example- Smashing a door on a car will depreciate its value. Sentence- The resturant's property value depreciated when a violent gang moved into the area.
Transaction- I bought 80 shares in Under Armour this week, at the time of purchase each share was $83.50, and it is now at $77.02. I expect it to go up to atleast to $85 in the coming month or so, because of winter clothing being needed more. Under Armour makes athletic and sports clothing that is popular among hunters for the lightweight but warm clothing they make. They are also favored by athletes because the clothing helps them stay dry and warm, or cool and dry, depending on sport and time of year. They are in the Consumer Good sector.
Wednesday, November 16, 2011
Journal 11/15/2011
In the candy stock simulation, we used different types of candy such as Laffy Taffy, Mr. Goodbar, and other candies to simulate money. For example, the marshmallow pumpkins were "$100", and the banana Laffy Taffy was "$5". We had to makes trades with other groups, depending on the changing prices. When we first walked in, the candy was scattered all over the floor, and when we were given the go ahead, we had to get as much candy as we could get in order to start with plenty of "stocks". We then had to watch the boards to pay attention to the prices of different candies and trade them accordingly. One of our best stocks, Krackle, split, doubling the value of our Krackle bars. After the trading, we added up all our "stocks" and came up with a total account value. Our group was a little over $3000, with plenty of diversity in our stocks.
(Vocab and transactions in separate post)
(Vocab and transactions in separate post)
Thursday, November 10, 2011
Game Standards
1. Students formulate solutions to economic problems
The game "My Country" on the iPad helps students formulate solutions to economic problems by making them build parks or electricity sources to fund/ support a building. It also helps them manage money by getting profits from businesses to pay for projects in the game.
2. Students explain how different economic systems are organized for production, distribution, and consumption of goods and services.
The game helps students explain different economic systems and how they work by showing how money is spent on different things and that money spent stays in the city, being circulated by being spent on different things, then made back from profits of businesses.
3. A student demonstrates and understanding of economic principles that influence individual financial planning.
This game helps the student learn how to conserve money for bigger and better things, but also shows that spending money can make you money. An exmaple of this is spending money to open a taxi center, and money is made by the use of the taxis.
4. Students evaluate the impact of technology and how it has shaped history and influenced the modern world.
Technology has impacted the world and shaped history by making information more accesible to everyone. An example is the telelphone. It made information easier to spread and the world became more connected and informed of current events.
5. Students analyze current events to better understand the world in which they live.
The game helps students analyze currents event by showing what is happening in a business or in another place. It does this by showing other cities and their cerrent events. It also helps students learn how to manage resources because of shortages and limited funds, much like the real world.
6. Students explain how past events impact present and the future.
The games helps students better explain the impact the past has on the present and future by showing that some business may work well and make the student profit, but others were not a good investment in the beginning and it can impact the student later in the game from draining money.
7. Student interpret charts, maps, and graphs to answer questions dealing with people, places, events, or environments.
The game helps students by showing an overview of their city, and showing charts and graphs of profits and other transactions. Students must use charts and graphs to move to a new era.
8. Students demonstrate an ability to organize and process info about people, places, and events.
Students must be up to date on their cities events and business contracts and other important events. An example is organizing buildings so that they are in the most efficient places, or windmills being placed in an open area.
The game "My Country" on the iPad helps students formulate solutions to economic problems by making them build parks or electricity sources to fund/ support a building. It also helps them manage money by getting profits from businesses to pay for projects in the game.
2. Students explain how different economic systems are organized for production, distribution, and consumption of goods and services.
The game helps students explain different economic systems and how they work by showing how money is spent on different things and that money spent stays in the city, being circulated by being spent on different things, then made back from profits of businesses.
3. A student demonstrates and understanding of economic principles that influence individual financial planning.
This game helps the student learn how to conserve money for bigger and better things, but also shows that spending money can make you money. An exmaple of this is spending money to open a taxi center, and money is made by the use of the taxis.
4. Students evaluate the impact of technology and how it has shaped history and influenced the modern world.
Technology has impacted the world and shaped history by making information more accesible to everyone. An example is the telelphone. It made information easier to spread and the world became more connected and informed of current events.
5. Students analyze current events to better understand the world in which they live.
The game helps students analyze currents event by showing what is happening in a business or in another place. It does this by showing other cities and their cerrent events. It also helps students learn how to manage resources because of shortages and limited funds, much like the real world.
6. Students explain how past events impact present and the future.
The games helps students better explain the impact the past has on the present and future by showing that some business may work well and make the student profit, but others were not a good investment in the beginning and it can impact the student later in the game from draining money.
7. Student interpret charts, maps, and graphs to answer questions dealing with people, places, events, or environments.
The game helps students by showing an overview of their city, and showing charts and graphs of profits and other transactions. Students must use charts and graphs to move to a new era.
8. Students demonstrate an ability to organize and process info about people, places, and events.
Students must be up to date on their cities events and business contracts and other important events. An example is organizing buildings so that they are in the most efficient places, or windmills being placed in an open area.
Friday, November 4, 2011
Friday, October 28, 2011
Thursday, October 27, 2011
Vocab 10/26/2011
Word #21 Economy- The amount of sales, supply, and demand in a country or region. Example: Economy means the amount of money through sales of goods across the country, where money is being circulated. Sentence: After WWII was started and the US became involved, our poor economy became better when jobs were created for the war effort.
Word #22 Economic System- What form of government defines the economic system, such as capitolistic or communism, ect. Example: If a country has a Communist government, they most likely have a communist style economic system. Sentence: Vietnam has a communist style economic system, while the USA has a capitolism style economic system.
Word #23 Supply and Demand: The amount vs need of a product or resource. Example: When drilling for oil is restricted, the supply goes down while the need stays the same or increases, raising prices. Sentence: The supply and demand of precious metals is high because of the increasing electronic use, while the available metal needed is decreasing due to mining laws and restrictions.
Word #24 Interest- A charge for borrowed money. Example: The interest rate was 2%, meaning after a certain amount of time, 2% more would need to be paid. Sentence: Interest sucks if you are paying it, but if you are being paid interest, its not so bad.
Word #25 Assets- A resource that can be traded or sold, such as goods or resources. Example: The company lost a majority of its assets when their largest warehouse was leveled in a tornado. Sentence: Assets are important to a business or corporation.
Word #22 Economic System- What form of government defines the economic system, such as capitolistic or communism, ect. Example: If a country has a Communist government, they most likely have a communist style economic system. Sentence: Vietnam has a communist style economic system, while the USA has a capitolism style economic system.
Word #23 Supply and Demand: The amount vs need of a product or resource. Example: When drilling for oil is restricted, the supply goes down while the need stays the same or increases, raising prices. Sentence: The supply and demand of precious metals is high because of the increasing electronic use, while the available metal needed is decreasing due to mining laws and restrictions.
Word #24 Interest- A charge for borrowed money. Example: The interest rate was 2%, meaning after a certain amount of time, 2% more would need to be paid. Sentence: Interest sucks if you are paying it, but if you are being paid interest, its not so bad.
Word #25 Assets- A resource that can be traded or sold, such as goods or resources. Example: The company lost a majority of its assets when their largest warehouse was leveled in a tornado. Sentence: Assets are important to a business or corporation.
Tuesday, October 25, 2011
My opinion of the OWS protests
My opinion of the OWS (Occupy Wall Street) is that they are all blaming someone who worked to be successful for their failure, when is it actually their own fault. If they think that successful people with jobs are preventing them from getting a job, they are wrong. It is their laziness of looking for a job. Maybe the job they want is a $25 dollar per hour career, but if there is a job available such as bussing tables or pushing a broom, they should take it. I think that they should start blaming themselves for not finding a job, instead of blaming Wall Street and big corporations.
Thursday, October 20, 2011
Journal post 10/21/2011 (Vocab)
Word #16 Treasury Bond- A debt security by the U.S. Government that is paid over a period of 10 years. Example: Gene had 5 Treasury bonds in place to save money for his son to pay for college. Sentence: After 10 years, Steve's treasury bond was paid back, giving him more money than he started with, which helped pay the last payment on his new house.
Word #17 Inflation- An increase in price for a product, comes when supply is lower than demand, such as crude oil. Example: The price inflations of food products made it harder for the poor family to put a meal on the table. Sentence: When the early snow came, it damaged many crops, cause grain price inflation, raising foor products prices.
Word #18 Gross Domestic Product: The general number of a countries economy, based on sales and profits. Example: A country such as Burkina Faso in Africa has a lower GDP than a country such as the USA. Sentence: After a new government was established, the new country's GDP went up to one of the top 5 in the world.
Word #19 Currency- A form of money, such as a peso, US dollar, or Euro. Example: In Japan, the currency used is Yen. Sentence: The US Mint produces our currency, the USD.
Word #20 Infrastructure- Any system of roads, railroads, mail delivery, or any other thing that connects and holds a country together. Example: Russia's infrastructure fell below the standard when the fall of communism neared, because of the governments lack of funds for upkeep. Sentence: The interstate system in the USA is an example of an infrastructure.
Word #17 Inflation- An increase in price for a product, comes when supply is lower than demand, such as crude oil. Example: The price inflations of food products made it harder for the poor family to put a meal on the table. Sentence: When the early snow came, it damaged many crops, cause grain price inflation, raising foor products prices.
Word #18 Gross Domestic Product: The general number of a countries economy, based on sales and profits. Example: A country such as Burkina Faso in Africa has a lower GDP than a country such as the USA. Sentence: After a new government was established, the new country's GDP went up to one of the top 5 in the world.
Word #19 Currency- A form of money, such as a peso, US dollar, or Euro. Example: In Japan, the currency used is Yen. Sentence: The US Mint produces our currency, the USD.
Word #20 Infrastructure- Any system of roads, railroads, mail delivery, or any other thing that connects and holds a country together. Example: Russia's infrastructure fell below the standard when the fall of communism neared, because of the governments lack of funds for upkeep. Sentence: The interstate system in the USA is an example of an infrastructure.
Friday, October 14, 2011
Comments
#1- Frankie Vogt
#2- Seth Gilmore
#3- John Bjornstad
#4- Corianne McKearney
#5- Zach Kienlen
#6- Haley Malone
#7- Tamara Connally
#8- Marissa Sanders
#9- Chase Wellner
#10- Brandi Voss
#2- Seth Gilmore
#3- John Bjornstad
#4- Corianne McKearney
#5- Zach Kienlen
#6- Haley Malone
#7- Tamara Connally
#8- Marissa Sanders
#9- Chase Wellner
#10- Brandi Voss
Thursday, October 13, 2011
Journal entry 10/12/2011
Word #13 Dow Jones- The Dow Jones is an indicator of the stock market, it consists of 30 blue chip companies, that include giants such as Disney. If the number is up, it means that the stock market is up, depending on different factors. Example: The Dow Jones is an indicator of the stocks of 30 of the largest companies on the market. Sentence: The Dow Jones dropped around 120 points today.
Word #14 S&P 500- The S&P 500 is another overall summary of the stock market as a whole. Example: The S&P 500 was down because of a new law put into act, preventing large companies from doing as much business as they would like, dropping the values of the company's stocks. Sentence: Atticus saw that the S&P 500 was staying level, so he decided to invest in a few companies included in it.
Word #15 Russell 2000- An index of the stock market such as the Dow and S&P 500, that has 2000 of the smallest companies in the Russell 3000. Example: 2000 small cap companies are included in the Russell 2000, an indicator of the overall stock market. Sentence: The Russell 2000 showed that the new big box stores that were opening damaged the value of the 2000 small coompanies in the Russell 2000.
Transaction: I bought 200 more shares of the Stillwater Mining company, and 100 more shares of Pandora media. I bought more of these stocks because of their rise in value, and have had extremely good luck with Pandora. Over the week, it had a 27% increase in value, and has dropped slightly but has not fallen far enough to affect my portfolio. I believe that the value of the stock will go up because more music may be listened to on the site in the winter when not many activities are available. The high in the 52 week cycle of Pandora was $9.33, and the high was $26.00. Pandora is in the entertainment catagory, providing customers with a radio station they create and personalize to their taste.
Word #14 S&P 500- The S&P 500 is another overall summary of the stock market as a whole. Example: The S&P 500 was down because of a new law put into act, preventing large companies from doing as much business as they would like, dropping the values of the company's stocks. Sentence: Atticus saw that the S&P 500 was staying level, so he decided to invest in a few companies included in it.
Word #15 Russell 2000- An index of the stock market such as the Dow and S&P 500, that has 2000 of the smallest companies in the Russell 3000. Example: 2000 small cap companies are included in the Russell 2000, an indicator of the overall stock market. Sentence: The Russell 2000 showed that the new big box stores that were opening damaged the value of the 2000 small coompanies in the Russell 2000.
Transaction: I bought 200 more shares of the Stillwater Mining company, and 100 more shares of Pandora media. I bought more of these stocks because of their rise in value, and have had extremely good luck with Pandora. Over the week, it had a 27% increase in value, and has dropped slightly but has not fallen far enough to affect my portfolio. I believe that the value of the stock will go up because more music may be listened to on the site in the winter when not many activities are available. The high in the 52 week cycle of Pandora was $9.33, and the high was $26.00. Pandora is in the entertainment catagory, providing customers with a radio station they create and personalize to their taste.
Friday, October 7, 2011
Journal post 10/7/2011
Word #9 Risk- The chance of a investment falling through and not coming out as high expected. Example: Risk is the chance that investing in something will not come out as a good investment.
Sentence: The risk of investing in certain areas is very high, because of constant dropping and raising of prices.
Word #10 Small Cap: A business that has a market cap between $300 million and $2 billion per year. Example: Any business that has a market cap bigger than $300 million, and $2 billion during a year.
Sentence: The company went from a small cap, having a market cap of 500 billion dollars per year, and rose to become a mid cap in a small amount of time.
Word #11 Mid Cap: A business that has a market cap between 2 billion and 10 billion per year. Example: Thor Industries is a mid cap company, because it has a market cap in the range of 2 billion and 10 billion. Sentence: I bought 70 shares of Thor Industries, and this company is a mid cap.
Word #12 Large Cap: A company that has a market cap larger than 10 billion. Example: Facebook is a large cap company. Sentence: After the potential of the uses of the new metal, the pioneering mining company became a large cap in a very short amount of time.
Transaction: I sold all the stocks I owned in Google, because the shares i owned had not made me money, and actually had never done anywhere close to as good as I had hoped. I bought 50 shares of Molson Coors brewing company, because I have already bought 50 shares of its competitor, Anheuser Busch brewing company. Molson has a low in the 52 week cycle of $38.34 per share on October 3rd, 2011, and has had a high of $50.93 on December 23, 2010. Its top competitor(s) are Anheuser Busch, and Heineken brewing company. i have had good luck with the stock in both companies, the current prices at the time of this post are Anheuser is down from yesterday, and Molson is up a decent amount, making me gain $98 for all the shares.
Sentence: The risk of investing in certain areas is very high, because of constant dropping and raising of prices.
Word #10 Small Cap: A business that has a market cap between $300 million and $2 billion per year. Example: Any business that has a market cap bigger than $300 million, and $2 billion during a year.
Sentence: The company went from a small cap, having a market cap of 500 billion dollars per year, and rose to become a mid cap in a small amount of time.
Word #11 Mid Cap: A business that has a market cap between 2 billion and 10 billion per year. Example: Thor Industries is a mid cap company, because it has a market cap in the range of 2 billion and 10 billion. Sentence: I bought 70 shares of Thor Industries, and this company is a mid cap.
Word #12 Large Cap: A company that has a market cap larger than 10 billion. Example: Facebook is a large cap company. Sentence: After the potential of the uses of the new metal, the pioneering mining company became a large cap in a very short amount of time.
Transaction: I sold all the stocks I owned in Google, because the shares i owned had not made me money, and actually had never done anywhere close to as good as I had hoped. I bought 50 shares of Molson Coors brewing company, because I have already bought 50 shares of its competitor, Anheuser Busch brewing company. Molson has a low in the 52 week cycle of $38.34 per share on October 3rd, 2011, and has had a high of $50.93 on December 23, 2010. Its top competitor(s) are Anheuser Busch, and Heineken brewing company. i have had good luck with the stock in both companies, the current prices at the time of this post are Anheuser is down from yesterday, and Molson is up a decent amount, making me gain $98 for all the shares.
Thursday, September 29, 2011
Journal post 9-29-2011
Journal Entry 9/28/2011
Word #5 Dividends: The multiplying of the money made from a stock or share. Example: My stocks in Mars food company payed me dividends when it went up during the Halloween season.
Sentence: After buying 60 shares in a mining company, Justin was payed dividends when the company skyrocketed after the metal became more and more valuable.
Word #6 Earnings: Money made from investing, selling, or buying. Example: my earnings were squandered when my bank account and identity was stolen.
Sentence: Earnings means the money made when investing or selling.
Word #7 Private company Vs. Public company: Private means stocks are not for sale to the public, public means that stocks are open to public. Example: Facebook is still a private company, while Anheuser Busch is a public company.
Sentence: I could not buy stocks in Utilikilts because it it a private company, while I was able to buy stocks in Pandora because it is a public company.
Word #8 Growth Stock: A stock in a company that grows rapidly or faster than expected compared to other companies that are similar. Example: I bought a stock not realizing it was a growth stock, and I made money when the value went up compared to similar companies.
Sentence: A growth stock increases in value faster and higher than similar companies.
Transaction: I bought 50 shares in the Anheuser Busch drink company, after looking at the 52 week cycle because it has its ups and downs, but has not suffered a huge drop in the past year. The company’s lowest was $49.72 per share on August 10, 2011. Its highest was $63.93 on May 3rd, 2011.
Word #5 Dividends: The multiplying of the money made from a stock or share. Example: My stocks in Mars food company payed me dividends when it went up during the Halloween season.
Sentence: After buying 60 shares in a mining company, Justin was payed dividends when the company skyrocketed after the metal became more and more valuable.
Word #6 Earnings: Money made from investing, selling, or buying. Example: my earnings were squandered when my bank account and identity was stolen.
Sentence: Earnings means the money made when investing or selling.
Word #7 Private company Vs. Public company: Private means stocks are not for sale to the public, public means that stocks are open to public. Example: Facebook is still a private company, while Anheuser Busch is a public company.
Sentence: I could not buy stocks in Utilikilts because it it a private company, while I was able to buy stocks in Pandora because it is a public company.
Word #8 Growth Stock: A stock in a company that grows rapidly or faster than expected compared to other companies that are similar. Example: I bought a stock not realizing it was a growth stock, and I made money when the value went up compared to similar companies.
Sentence: A growth stock increases in value faster and higher than similar companies.
Transaction: I bought 50 shares in the Anheuser Busch drink company, after looking at the 52 week cycle because it has its ups and downs, but has not suffered a huge drop in the past year. The company’s lowest was $49.72 per share on August 10, 2011. Its highest was $63.93 on May 3rd, 2011.
Monday, September 26, 2011
Journal 9-22-2011
Word #1 Stocks- A share of profits from a company owned by a shareholder. Example: Juan bought 85 shares of GM, and received a portion of the companies profits.
Sentence: In the Investopedia game FE Spring 11, I have purchased stocks from 8 companies.
#2 Bonds- Where an investor loans money to a company or corporation, and is paid back after a certain amount of time with interest. Example: Cody issued a bond to Anheuser Busch, which was paid back with interest, giving him more money than the original loan.
Sentence: After I established a savings bond, I was paid back with interest over a given amount of time.
#3 Dow Jones- 30 blue chip stocks showing a summary of the overall stock market.
Example: Rachel was watching the Dow Jones ticker to make sure her stocks in Microsoft were not losing value.
Sentence: My stocks in the Stock Market Game FE Spring 11 are affected by the Dow Jones because a few companies are one of the 30 large companies it is made up of.
#4 Equity- On a company's balance sheet, the amount of the funds contributed by the owners (the stockholders) plus the retained earnings (or losses) Example: The equity of the comapny was recorded on the balance sheet, made up of the shareholders.
Transactions- I bought 50 stocks Marathon Oil, because it had rising value in the 52 week cycle, but then it had a major drop during the month of June, but then leveled out at the low point. Their high was $32.95 per share, and their low was $23.37.
Sentence: In the Investopedia game FE Spring 11, I have purchased stocks from 8 companies.
#2 Bonds- Where an investor loans money to a company or corporation, and is paid back after a certain amount of time with interest. Example: Cody issued a bond to Anheuser Busch, which was paid back with interest, giving him more money than the original loan.
Sentence: After I established a savings bond, I was paid back with interest over a given amount of time.
#3 Dow Jones- 30 blue chip stocks showing a summary of the overall stock market.
Example: Rachel was watching the Dow Jones ticker to make sure her stocks in Microsoft were not losing value.
Sentence: My stocks in the Stock Market Game FE Spring 11 are affected by the Dow Jones because a few companies are one of the 30 large companies it is made up of.
#4 Equity- On a company's balance sheet, the amount of the funds contributed by the owners (the stockholders) plus the retained earnings (or losses) Example: The equity of the comapny was recorded on the balance sheet, made up of the shareholders.
Transactions- I bought 50 stocks Marathon Oil, because it had rising value in the 52 week cycle, but then it had a major drop during the month of June, but then leveled out at the low point. Their high was $32.95 per share, and their low was $23.37.
Thursday, September 15, 2011
Top 10 companies
1. Carhartt
2. Cabelas
3. Gerber
4.Maglite
5. Pelican
6. John Deer
7. Case IH
8. Zune
9. Hi-Tech
10. Sturm Ruger
2. Cabelas
3. Gerber
4.Maglite
5. Pelican
6. John Deer
7. Case IH
8. Zune
9. Hi-Tech
10. Sturm Ruger
Monday, September 12, 2011
9/11 blog post
Ten years ago today, Bin Ladens terror group attacked a center of U.S. government (Pentagon) and attacked the World Trade Center. I believe that the U.S has won because we did not give up on our search for Bin Laden and fighting terrorism. Our economy has faltered, but, if you look at Iraq, Pakistan, and Afghanistan, they are 3rd world countries. Their economy did not get better, and their attacks only got them into a war where they fight as faceless cowards. That is why I believe that the U.S.A. has won.
Wednesday, August 31, 2011
What is my cause and who will I pick?
My cause is skiing and I am not sure yet about who I will pick.
Thursday, August 25, 2011
What do I want to learn and get out of Free Enterprise?
I want to learn to be a successful business owner in the future and learn the monetary skills needed to make money from working hard for it.
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