BA 3120 SIMULATION

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INSTRUCTIONS ATTACHED

  • 2 years ago
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BA3120InvestmentPortfolioReflectionPaper1andTradingSimulation2024.docx

Hi, I just started my investment portfolio this week due to the fact that I did not know how to start the game, nor did I have anyone to help me prior to the assignment being due. I learned from a fellow student how to start a game and I am just now figuring out how to purchase.

 I randomly chose my investments. I was not sure exactly what to invest in so I chose Apple mainly due to me knowing the brand and expecting a higher return. The Ford company is a company that I know has been around for a long time, and I know will not go anywhere anytime soon. The Bitwise purchase was due to the fact, that I wanted to test the waters and purchase crypto.

I decided to go with the Apple Hospitality REIT Inc. at $16.48 a share in which I decided to purchase 195 shares. I believe that this stock has the potential to flourish. I also purchase 1 share of Bitwise Crypto Industry Innovators ETF in the amount of $13.42. I plan to buy mor shares next week. I also, purchased 1 share Ford Motor Co. I am nt sure why I purchased Ford because I am not a fan of Ford vehicles in general.

 So if I would have chosen these same shares last week then I would have had an increase in my profits from this individual stock. As far as the Bitwise Crypto Industry it would have been in the bracket as the Apple stocks that I had purchased and there would have also been an increase in profit. Both of these stocks seem to be increasing in value so I will definitely be buying more of these in the near future. As far as the Ford Motor Co. it is also beginning to increase in value although at this point it is still considered to be in the negative in the stock market. I would say that the Ford Motor Company has exceeded my expecttions.

I am not sure what factors are causing their stock to improve. I do believe that it will continue to do well. I can honestly say that none of the stocks that I have chosen underperformed this week. I believe that Apple and Bitwise are doing well because of  one; the Apple name speaks for itself. As far as Bitwise, a lot of individuals are trying to invest in crypto since the rise of bitcoin. Bitwise is one stock I will invest more into in the upcoming week.