We played game called'stock market' Our basic goal was to make more money than others. in order to make money we had to make large profit. Buy or sell the companies . But it wasn't easy as I thought. I knew how business is hard. We didn't know which company's cost will increase. So I lost my money many times. I felt happy when I gained some money and I felt sad and annoyed when I lost lot of money(obviously). In Mr.Coyle's tips, my best tip was second one ' You must spend money to make money' First time when I heard this, I didn't understood but during the game I could understand it. When you play, sometimes you lost lot of money. So you might think don't buy any company. But that doesn't help you. I knew that in order to get rich you need to spend enough money. After this game, I knew how businesses work in our world.
Thursday, September 4, 2008
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There is a great stock market game called Wall Street Survivor. You get $100,00 in virtual money and you get to buy real stocks in real time.
Plus, they give away over $20,000 (some of which I have already bagged) a month to top traders.
If you join, add me as a buddy: http://www.wallstreetsurvivor.com/Public/Members/Profile/mberger47.aspx
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