$10k to invest

[LtPage1]

no, i dont actually have ten thousand dollars to invest- its for an econ class. we get $10k in imaginary money, $5k of which has to be in stocks, which well track over the course of the semester.

we dont get graded on how well we do, so i can go crazy and put it all in the market.


any suggestions? i know ill be getting at least some apple stock, although thats probably topped out for now.

 

[WhiteWonder]

Originally posted by: LtPage1
no, i dont actually have ten thousand dollars to invest.

Crap, nevermind. Guess i'll never build my time machine.

 

[JoeKing]

I remeber doing this in high school, getting lazy, putting it all in yahoo.

Never followed the stock, didn't care, not real money.

Fast forward to the end of the semester. Internet boom had just begun, I win the "contest" and recieve the $100 prize econ teacher was giving.









later spent it all on pot

 

[NumbaJuan]

sbux
nflx
ssd
fdx

might try some of those

 

[Anonemous]

Originally posted by: JoeKing
I remeber doing this in high school, getting lazy, putting it all in yahoo.

Never followed the stock, didn't care, not real money.

Fast forward to the end of the semester. Internet boom had just begun, I win the "contest" and recieve the $100 prize econ teacher was giving.









later spent it all on pot

Ditto (cept for the pot part), except I didn't think much of yahoo (altavista was the best search engine back then).

Everyone fudged their data since the project didn't say you could monitor stocks and go back and buy other ones. We just kept a modest portfolio with the tracking of stocks and came out positive while other groups really got into it and cooked their books to show a profit of 10000%.

 

[Toki]

Originally posted by: JoeKing
I remeber doing this in high school, getting lazy, putting it all in yahoo.

Never followed the stock, didn't care, not real money.

Fast forward to the end of the semester. Internet boom had just begun, I win the "contest" and recieve the $100 prize econ teacher was giving.









later spent it all on pot

dang. i had a similar assignment, and i totally out did everyone in my class, but no prize

 

[Zenmervolt]

Mirror a Vanguard fund.

ZV

 

[Zim Hosein]

any suggestions? i know ill be getting at least some apple stock, although thats probably topped out for now.

ATYT

 

[lobadobadingdong]

the guy that won in my high school class just found one of the cheapest stocks he could. (~$1.50 a share or so) the stock went up 50 cents in 6 weeks.

 

[bdude]

Get a Roth IRA

 

[Pepsi90919]

invest it in ATOT members; preferably those numbered 1202 and below.

 

[Zim Hosein]

Originally posted by: bdude
Get a Roth IRA

$5k of which has to be in stocks

 

[AgaBoogaBoo]

Look for some nice penny stocks

 

[Zim Hosein]

Originally posted by: Pepsi90919
invest it in ATOT members; preferably those numbered 1202 and below.

 

[Pepsi90919]

Originally posted by: Zim Hosein

Originally posted by: Pepsi90919
invest it in ATOT members; preferably those numbered 1202 and below.

fine, enough to pay off zim's tab

 

[LtPage1]

how bout i just counterfeit some imaginary cash and invest it in you guys?


here, hows $2.7 billion sound? its yours.




no funds! how boring is that.

 

[Zim Hosein]

Originally posted by: Pepsi90919

Originally posted by: Zim Hosein

Originally posted by: Pepsi90919
invest it in ATOT members; preferably those numbered 1202 and below.

fine, enough to pay off zim's tab

Someone's gonna be broke in 2 days!

Cheers Pepsi90919 :beer:

 

[HalosPuma]

Originally posted by: LtPage1
no, i dont actually have ten thousand dollars to invest- its for an econ class. we get $10k in imaginary money, $5k of which has to be in stocks, which well track over the course of the semester.

we dont get graded on how well we do, so i can go crazy and put it all in the market.


any suggestions? i know ill be getting at least some apple stock, although thats probably topped out for now.

You have only 6 months to show a profit? Buy ChevronTexaco, ExxonMobile, BP, ConocoPhillips, Bunge, and Halliburton.


I'd like to see this thread bumped after the end of your semester to see how you (and us) did.

 

[mwtgg]

Originally posted by: HalosPuma

Originally posted by: LtPage1
no, i dont actually have ten thousand dollars to invest- its for an econ class. we get $10k in imaginary money, $5k of which has to be in stocks, which well track over the course of the semester.

we dont get graded on how well we do, so i can go crazy and put it all in the market.


any suggestions? i know ill be getting at least some apple stock, although thats probably topped out for now.

You have only 6 months to show a profit? Buy ChevronTexaco, ExxonMobile, BP, ConocoPhillips, Bunge, and Halliburton.


I'd like to see this thread bumped after the end of your semester to see how you (and us) did.

This man has the right idea.

Edit: Kerr-McGee, BP?

Since it's short term, oil companies seem to be the way to go. Long term? Haha, not a chance in hell I'd keep my money (if it were real) in their stock.

 

[glenn1]

You have only 6 months to show a profit? Buy ChevronTexaco, ExxonMobile, BP, ConocoPhillips, Bunge, and Halliburton.

Actually, in most school-type stock picking contests, dividends aren't considered so high-yielding stocks like the oil majors and integrated oil services companies put you at a disadvantage when they go ex-div and the stock price gets marked down by the yield. It sucks because in real life dividend paying stocks tend to outpeform over time, but those are the rules you have to work with in a contest like this. Better to pick a small-cap wildcat driller or offshore platform company (stocks like NBR, KEG, NE, and GW might be worth a look) since they tend to have more leverage to the oil cycle and no dividends to drag down performance. Same deal with financials, basic materials, consumer staples, capital goods, utilities, REITs, and most other low-beta stocks.

If you want something which might be a sleeper candidate, consider shipping stocks (i.e. waterborne freight carriers such as oil tanker or drybulk cargo companies). They're in a sweet spot right now; not enough capacity, ships being decommissioned faster than they can be built, great pricing power, and the tsunami has completely hosed the shipping lanes in the Malaca Straits, which means the biggest shipping companies will be able to squeeze out the marginal players and pad their bottom line even futher. Try TK or FRO.

 

[AgaBoogaBoo]

Originally posted by: HalosPuma

Originally posted by: LtPage1
no, i dont actually have ten thousand dollars to invest- its for an econ class. we get $10k in imaginary money, $5k of which has to be in stocks, which well track over the course of the semester.

we dont get graded on how well we do, so i can go crazy and put it all in the market.


any suggestions? i know ill be getting at least some apple stock, although thats probably topped out for now.

You have only 6 months to show a profit? Buy ChevronTexaco, ExxonMobile, BP, ConocoPhillips, Bunge, and Halliburton.


I'd like to see this thread bumped after the end of your semester to see how you (and us) did.

What's the reasoning for oil companies?

 

[LtPage1]

k, heres what im going with:

10 of apple
30 of nokia
25 of toyota
10 of nvidia
30 of texas instruments
50 of frontline ltd
50 of teekay shipping

the last two came from glenn1's advice- sounds good to me, well see how it turns out. thanks guys!

 

[MikeMike]

i had 100K and could spend something like %50 borrowed, and i had maybe 2 months, i ended up around $400k after starting daytrading the last 3 weeks. thats key if you dont get charged outrageous amounts per trade.

MIKE

 

[axelfox]

buy options if you can. of course, your losses will be equally as large.

 

[HalosPuma]

Originally posted by: glenn1

You have only 6 months to show a profit? Buy ChevronTexaco, ExxonMobile, BP, ConocoPhillips, Bunge, and Halliburton.

Actually, in most school-type stock picking contests, dividends aren't considered so high-yielding stocks like the oil majors and integrated oil services companies put you at a disadvantage when they go ex-div and the stock price gets marked down by the yield. It sucks because in real life dividend paying stocks tend to outpeform over time, but those are the rules you have to work with in a contest like this.

Then what's the point of the stock-picking contest other than going by real-world situations? I'm guessing that slippage and commissions will not be considered in this contest?

Originally posted by: AgaBoogaBoo
What's the reasoning for oil companies?

You've never been to ATP&N I take it. But seriously, the price models that analysts are using are based on $30 oil, $35 tops. Crude oil ran up to over $55/barrel, then dropped down to $40 be running up to $50. There is still nowhere near the numbers that analysts used to estimate Big Oil's quarterly earnings. There is no difference, expense-wise, in pumping oil if it's $10 or $55. That means all of the additional money after the fixed costs is pure profit. The oil industry has very low P/Es and pays dividends unlike tech which still has sky-high P/Es and don't pay dividends.

Put it this way - you don't need tech to live. But you do need oil on a daily basis to. The deman from China and India will keep oil at these prices for years to come. That's the sign of a bull market and one you want to be in.