First of all, each student or, in other words, future investor in my class was given a budget of 1,000$, which was supposed to be used for purchasing the stocks. Since I am a careful person, instead of putting all my money into one company, I decided to divide the budget my school, QSIB, gave me between three different companies. I did not want to risk losing 1,000$ just because of one unfortunate decision. However, marketing and investing is all about speculation and even though I split money, there is still a chance that I will not make any profit.
I am planning to purchase my first stock in the middle of October depending on the economic situation. My second stock should be purchased by the beginning of November and the third one by the end of December.
It is important to say that I am not only allowed to invest money into different companies, but also I am able to sell my stocks during the 9 months period. This might be very essential as it might help me maintain the revenue and later, maybe, the profit.
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