Tuesday, December 6, 2011
Why did I create this?
A while ago my economics teacher, Mr. Young, told my class we had to do a presentation on the stocks we invested in at the beginning of the year. How they did, what they're about, and everything else that involves each of our stocks. Personally I invested in 9 stocks, which include: Apple(AAPL), Gold Trust(GLD), Goldwin Inc(8111), Suburban Propane Partners(SPH), Transocean LTD(RIG), Weight Watchers(WTW), The Walt Disney Company(DIS), Time Warner Inc.(TWX), and Game Stop Corp. (GME). While I admit that I did not know what many of these were when I bought them, some of them made me some money and others didnt do much for me.
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AAPL:
ReplyDeleteApple Inc. is a company that makes electronics such as the I-pad, mac computers, I-phone, I-pod, etc… This company is very well known around the world. I invested in this company because I thought it would make me a lot of money with the new I-phone coming out, and Christmas coming up, however I ended up losing a bunch of money in Apple. Apple has 84 stores internationally, and 233 stores within the United States. Their Chief Executive Officer is Timothy D Cook. I invested 4,005 dollars in Apple and lost 117 dollars. Overall I lost money and should have sold when it was at its height. I also thought Apple would have gone up after the loss of Steve Jobs, the founder of Apple, however it didn’t go up by much.
8111:Goldwin Inc.
ReplyDeleteOne of my money makers was Goldwin Inc., I did not know what this company was, however it was doing pretty well so I invested in it and it made me some money. This company is a foreign company that is a Japan based company. It manufactures in the sale of sporting apparel. It contains four segments: the outdoor style, the active style, the athletic style, and the others segment. The outdoor segment includes climbing apparel and marine apparel. The active segment includes ski, snowboard, and motorcycle necessities. The Athletic segment includes basketball, swimming, tennis, and other fitness apparel. The others segment deals with the operation of golf courses, traveling agencies, and real estate related businesses. The president of Goldwin Inc. is Akio Nishida. I bought this stock for 2,590 dollars and gained 320 dollars.
WTW: Weight Watchers
ReplyDeleteI invested in Weight Watchers because I see so many commercials for it and it seemed to be doing pretty well. At first I got a lot of money from it but lately it has been doing very bad and ended up losing me money. Weight Watchers is a provider of weight management services. Weight Watchers provides a program to help people lose weight, the people sign up and pay a monthly fee for their services. The CEO of Weight Watchers is David P. Kirchhoff. I invested 29,550 dollars in weight Watchers and lost 620 dollars.
SPH: Suburban Propane Partners
I invested in this company because it was on one of those lists online that said it was doing well, and it actually ended up making me money. Suburban Propane Partners is a company that distributes propane, fuel oil and refined fuels, as well as the marketing of natural gas and electricity. This company also installs and services a range of home comfort equipment, in the areas of heating and ventilation. It has about 300 locations in 30 states across the country. The CEO of the company is Michael J. Dunn Jr. I invested 9,340 dollars and gained 48 dollars overall.
RIG: Transocean LTD
ReplyDeleteI invested in this company because it looked like it was doing well and I needed to spend my money. However this company turned out to lose the most money out of all of my stocks. The CEO of the company is Steven L. Newman. Transocean Ltd. Is a company that internationally provides offshore contract drilling services for oil and gas wells. The company has two branches: Contract Drilling Services and Other Operations. Contract Drilling Services includes contracting mobile offshore drilling business and related equipment. The Other Operations includes drilling management services and oil/gas properties. I invested 18450 dollars in this company and lost 2464 dollars. Overall this company lost me the most money out of every company I invested in.
TWX: Time Warner
Time Warner Inc. is an entertainment and media company containing three segments. The three segments are: Network, Filmed Entertainment, and Publishing. Network involves cable television networks that provide programming. Filmed Entertainment includes television and home video production and distribution. Publishing includes magazine publishing. Jeffrey L. Bewkes is the CEO of Time Warner. My main reason for investing in Time Warner was because one of my friends has Time Warner as their cable provider and it came to mind. I didn’t know whether or not it would make me money, either way I invested 15515 dollars in it and made 1390 dollars from it. Time Warner Inc. definitely made me the most money as of the end of this project.