Any advice for my simulation stock market project?
（I’ve got a stock market project in my econ class, and I’m not exactly familiar with it. Any advice on what to invest in so I can make a profit in 20 weeks?）
Answer：
If you are looking to beat everyone in the class then go for something that is volatile (e.g. FSLR/GOOG). You may lose money, but they are the type of stocks that may have the biggest gains over that period of time.
If you are looking to just make a profit – I would advise purchasing a utility company that pays a high dividend. For example, GXP – Greap Plains Energy. They pay high dividends and with short term interest rates going down people are looking to purchases where their return is high and utility companies have attractive dividend rates compared to interest rates offered by banks.
Posted: July 30th, 2010 under US Stock Market.
Tags: stock market project