The purpose of using Virtual Stock Exchange
Project is to give you a better understanding of trading strategies and
portfolio management. You will also learn a variety of financial and investment
information that will help you to make important investment decisions in the
future.
"Well, first off, I would like to say that I have had a blast wth this project even though for the majority of the time, I have been in 2nd to last place. The most important thing I have leanred about investments and the stock market is that it most definitely unpredictable. At the introduction of this project, I thought that I had a prety good feeling about how I was going to do, and I thought I would know what would happen. Throughout the course of the game, I have learned the hard way that nobody, especially a novice incestor, can gage the every move of the stock market.
As I reflect on my experience, I think the biggest thing it did to me was humble me. I thought I could just come in here and make a bunch of money and then walk away. If there was one thing I could equate to trading in the stock market, it would be gambling. It is a very risky game and you have to know the rules!" ~ Cole Pliura
"Investing in the stock market can be extremely risky. The popularity of a company doesn't determine its success in the stock market (Facebook). Looking at a stock's history can help you determine whether you want to buy or sell the stock." ~Austin Matlock
"No matter how many revelations I have had, I have continued to remain in the low ranks of the stock project. I don't believe that I am cut out for being an investor but the immense difficulty of this project allows me to have a great respect for the people that are willing to actually go out with other people's money and invest it for them." ~Josh Pruser
"I have learned that it is important to know something about the stocks that I am investing in before I buy them. The stock market is very unpredictable and it is very risky to put real money into it. I am pretty careless and risky with the virtual money that we use, but I would have a hard time doing this with my real money." ~Chris Reinhart
"I have learned that it is important to buy stock when it is low and then turn around and sell it when it is at its high to gain a profit off of it. I have also learned that stocks are extremely unreliable and unpredictable. One minute, you can be in third place and feeling like you're invinvible because one stock brought up up that high; then, you can feel like the scum of the earth because the same stock brought you down to the following week." ~Alex Mears
"During this project, I have learned what an actual stock is. A stock is a share of ownership in a company that can be bought or sold. Before we ever started this project, or even this class, I didn't know what one was. I have learned that you shouldn't put all of your money into one stock and rely on it. You need to take changes and make smart choices on which companies to invest in. You do that by researching the company and seeing how well or how bad they are doing in the market. If their stocks are at a low price, you should buy them. That way, if the stock price goes up, you can make a lot more money than you initially spent." ~Taylor Green
"The main thing I have learned about the stock market and investing is to buy low and sell high. I have also learned it is better to wait when your stocks are low--do not sell them once they go down in price, wait until they go back up. I have also learned that penny stocks are very risky." ~ Briana Retter
"My attitude and opinion has been influenced by the VSEP in a couple of ways. FIrst, one can't just invest in a company just because one likes the company. One must make sure that the stock is doing well and will continue to do well. Additionally, if one invests in any stocks that are below $10, close attention must be paid so you can buy and sell them at just the right time." ~Andrew Litherland
"This project has changed my attitude as an investor in the way of taking it seriously. I never thought I would take this so seriously, but even with fake money, I'm scared to spend it and risk losing it. I understand now that with real money, you're taking a big risk and basically gambling with your money in hopes to earn a profit. I definitely don't think that I will be more open to taking risks later in life with the stock market and choosing my own stocks. I would like to have someone who knows that they are doing invest my money so that I don't make any poor investment choices." ~Taylor McDonald