H3a got a project for economics to get to know how to work with money and how to understand the stock prices. You had to buy a minimum of 3 stocks with fake money. You had a total of €1000,- to spend on these stocks of companies in the Netherlands or the United States. You had a maximum of 10 stocks of companies to buy. You could buy the stocks or sell stocks you already bought in the period you had. When you bought a stock or sold it, you had to explain why you bought or sold the stock of that company. In 1 period you had to write down a minimum of 5 changes that happened, for example you bought a stock of ABN Amro for a price of €15,- and the price goes up with 3.78% then you should find out why the price went up. So you found out they made a good deal with another bank. Then you write that down, and afterwards you calculate how much money profit you made. Every period ends on the first day of the test week. On that day you have to sell all the stocks you bought. If you made a profit you keep that total money for the next period and if you mad a loss you start with €1000,- again.
We thought it was a nice assignment because we learned a lot from it and because we learned to deal with stocks and price changes. For example I bought ING and ABN amro bank and I found out when the price of ING went up also the price of ABN amro bank went up because they are both banks
Profit or loss:
Joeri € 2.50 loss, so € 997.50 left
Stijn € 134.20 profit, so € 1134.20 left
Made by: Joeri de Keijser and Stijn Gerritsen