For school for extra credit for the next few monthes we have to do this virtual stock exchange thing online.... just the only thing is I know nothing about the stock exchange or how it runs. What are some good companies to invest in?
And i was on there and it asked if I wanted to have it as a day order or until I cancel it or something?
and tips on how to go about this and who to invest/not invest in.
I Know google is a good one but other than that I am clueless
theymos answered Friday October 12 2007, 1:42 am: You want to buy things that are very low, but will probably improve. Don't buy something high, or something that you think is doing as good as they possibly can.
After you buy, wait until right before you think they are going to fail, then sell it.
So, you a share of Microsoft at 15. They're doing steadily better. After it goes up to 25, you hear that there is a major security issue with Vista, and that will affect sales. At that point you should sell it. You made a profit of 10. [ theymos's advice column | Ask theymos A Question ]
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