Monday, December 21, 2009
Things I Have Learned in the Stock Market Game
This game taught me that the stock market isn't something to do unless you understand what you're doing, and even what can happen. It is a very tricky bussiness to get into. Even some of the experts get it wrong sometimes. I've learned that you can't expect to make money right away. Investing i the stock market is a process that takes a lot of time. I learned that you should research the companies and also the competitors before investing. Anticipating the launch of a new product would be something to look for, and a product that a competitor puts out to compete with your company. Checking on the overall economy is a smart idea that i learned too. Seeing wheather people are buying, selling, or if the NASDAQ has dropped are things you constantly should pay attention to if you're really going to get involved in the stock market. I'm glad i got to learn all of these different things about the stock market through this game, it really gave me a little experience of what the real thing is like.
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