Tuesday, May 17, 2016

Investing Experiment: 05/17/2016

I joined the "Start with $10,000" game in Investopdia's Stock Simulator.

The market was already closed, so I put in the order for the stocks I wanted in my simulator portfolio. I pretended I only have $1,000 for each stock and orders the following number of shares:

Stock # of Shares
MMM 5
PG 11
JNJ 8
DIV 38
O 15
EPR 13
LTC 20
STAG 46

There's an overall ranking system in this game. I applaud today's #1 person, who managed to earn $51,935.05 using just $10,000.

Since I placed 8 orders and the commission is $29.95 for each trade (expensive! I am so glad in real life my broker doesn't have this steep of a fee), then I just lost $239.60. Whelp, that will knock my ranking down right off the bat. Let's hope one or both of my strategies will eventually help recoup my losses.

Click here to see an overview of my investing experiment.
Next update: 05/18/2016

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