Stock Market Project – BBI 20



Stock Market Project – BBI 20

This project is designed to make you familiar with the Stock Market and experience its daily fluctuations first hand.

You will be given $100 000 CAD which you will then use to buy 5 stocks. It is up to you how many shares of each company you would like to buy.

For this project, you will use the website . This is the website that you will use to track your stocks daily. Attached is a sheet with the step by step instructions for using this website.

Trading will begin on Tuesday, May 7th, and will continue until May 28th .

Your first task will be to choose 5 companies to invest in, and how many shares you are going to purchase. You are required to hand this in to me (on the sheet provided) at the end of class on Monday, May 6th. You should have your company (including the LETTER SYMBOL), the stock exchange it is listed on, the amount of shares you are buying (in Canadian Dollars) and the total $. If you wish to buy shares in another currency, you must convert it to Canadian Dollars when reporting it to me. You can use the website to convert currencies.

Sample Share Purchases:

|Company Name |Stock |Ticker Symbol |# of shares |$ per share |TOTAL $ |

| |Exchange | | | | |

|Sony |NYSE |SNE |1 000 |$15 |$15 000 |

|Nortel Networks |TSE |NT.TO |2 000 |$7 |$14 000 |

|Toyota |NYSE |TM |1 000 |$10 |$10 000 |

|Coca-Cola Co. |NYSE |KI |1 100 |$10 |$11 000 |

| | | | | | |

TOTAL : $100 000

NOTES: DO NOT GO OVER THIS LIMIT! Share prices will be different than this example. Be sure your TOTAL does not exceed $100 000!

IF you decide to sell shares (due to a big gain or loss) from one of your companies and invest in another, you will be able to do so! There are a few rules for this.

They are as follows:

1. You may sell your shares in a company, but YOU MUST SELL ALL OF THE SHARES IN THE COMPANY YOU CHOOSE. You can only have your money invested in 5 companies at any time.

2. If you do choose to do this, you may invest your money in another stock. This works both ways:

a) If you make money on the shares you sold, you can invest all of that additional money in another stock. (You could also save the money you made, and add it to your final TOTAL at the end of this assignment!).

b) If you lost money, you can invest the remainder of your money into a company’s stocks.

c) YOU CAN ONLY DO THIS ONE TIME! So choose wisely!!

You must tell me on the day that you sell your shares. Make sure you include the price per share that you sold at, and the total $ amount!! I will record this information on the ‘Your Shares/TOTAL’ .

Steps for Using Yahoo Stock Finder

Use the steps below to find the symbols for the stocks you wish to track.

1. Go to Yahoo Finance

2. Go to “Symbol Lookup”

3. On the “Symbol Lookup” page, type in the name of a company that you would like to look for.

EXAMPLE: type “Toyota” which will give you the symbol “TM” and the “New York Stock Exchange – NYSE”

4. This will be the symbol that you use whenever you would like to log on to track your stocks.

5. To get information about this company, such as the stock price simply click on the ticker symbol.

Instructions for Daily Stock Tracking

Whenever you would like to check up on your stocks, follow these steps:

1. Go to Yahoo Finance

2. Go to “Symbol Lookup”

3. On the “Symbol Lookup” page, type in the name of a company that you would like to look for.

EXAMPLE: Type in “SNE” for ‘Sony’.

4. You will be directed to a page that contains all of the stock information for the day.

5. Click on “Historical Prices” and use the “Close” price for the particular day you are looking up. Be sure to convert this to CAD if you are using an American stock exchange such as the NYSE.

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