Transcript Budgeting: The Key to It All

The Stock Market Game™
Whitney M. Young Magnet High School
Who Was on Our Team
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Veronica Skital
Daniel Sterczek
Jolanta Szkodon
Joan Kane, Business
Teacher
Why We Won
27.22%
Our Stock Strategy
• Buy what we knew (Apple)
• Try a new stock (Baidu)
• Watch the price (First Solar
Energy)
• Look at your friends (RIMM)
Starting and Ending Prices
$400
$300
$200
$100
$0
APPL
BIDU
FSLR
RIMM
How We Won
• Stick to your strategy
• Avoid transaction
costs
• Focus on the big
picture
• Learn about the
uncertain times
Growth Percent
RIMM
FSLR
BIDU
APPL
0.0%
Percent Gain
10.0%
20.0%
30.0%
40.0%
50.0%
APPL
BIDU
FSLR
RIMM
41.4%
50.3%
16.9%
20.9%
60.0%
Which Stocks Did the Best
• Baidu did best overall
• First Solar Energy was a late leader
Growth in Stock Price
13%
18%
APPL
BIDU
FSLR
31%
RIMM
39%
What We Learned
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Buy more if it’s good
Luck helps
Use all the cash
Be patient
Research, research, research
Our Thanks
• We would like to thank the sponsors of The Stock Market
Game™ for providing this great opportunity for us:
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Cabrera Capital Markets, LLC
Chicago Tribune News in Education
HSBC
Chicago Mercantile Exchange
Illinois Council on Economic Education
• We would like to thank the following for their help:
• Our parents
• Ms. Kane