What is the best way to play the stock market in the georgia stock market game?
(i am playing a stock market game for the state of georgia for my economics class what is the best way to get ahead of the game…..also is there a way to trade illegally for the game to get ahead….)
Answer :
The stocks you want to focus on is consumer staples, consumer discretionary, and healthcare. These are DEFENSIVE stocks that will survive through good and bad times. Most of my positions are in these stocks. Some names include 3M, Procter & Gamble, Kimberly Clark, Exxon Mobil, Walmart, Costco. Everybody’s got to eat and wipe their butts regardless of the state of economy. Many of these companies survived through the Great Depression.
That’s the benefits. You can sleep at night knowing your money is doing well. There are NO guarantees that you won’t lose money. It’s just that these stocks are the best. They pay good dividends too.
Posted: July 27th, 2010 under US Stock Market.
Tags: georgia stock market, georgia stock market game, play the stock market