Select an internet source

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Reference no: EM13791735

1. You have $100,000 to invest in ten stocks, $10,000 in each (no mutual funds). You may not alter your selections during the semester, and cash is not an option. (Sorry; the purpose of this assignment is not to teach trading. Additional material will be added as the semester progresses.) Select an Internet source and set up a "watch account." Possible websites with in- formation on companies include the following: Bloomberg: www.bloomberg.com CNN/Money: money.cnn.com Forbes: www.forbes.com Google: www.google.com/finance MarketWatch: www.marketwatch.com Morningstar: www.morningstar.com MSN Money: money.msn.com Reuters: www.reuters.com Yahoo! Finance: finance.yahoo.com The watch account will help you follow the stocks over time and keep track of your gains or losses. 2. One successful portfolio manager, Peter Lynch, has suggested that you should buy stock in companies that you know or whose products you use. Since this strategy may be as good a starting point as any to learn about investing, I have selected five stocks I know or whose prod- ucts I use. You should select five and track your five against mine. Using the information in the previous assignment, set up a watch account that includes both sets. My stocks and their ticker symbols are Coca-Cola (KO), ExxonMobil (XOM), Merck (MRK), Tupperware (TUP), Washington Real Estate Investment Trust (WRE), Since disclosure is important in investments, you should know that I had a position in each stock at the time this text went to press Mayo, H. B. (2008). Investments: An introduction (11th ed.). Mason, OH: South-Western, Cengage Learning. https://everest.vitalsource.com/#/books/9991285291123/pages/222064714 Chapters 1 and 2, 6

Reference no: EM13791735

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