Essay on Playing the Stock Market Game

Essay on Playing the Stock Market Game

Length: 670 words (1.9 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

There are many different ways to save money and there are different things to save for. A savings plan for an immediate want is apparently different than a savings strategy for retirement. One may choose to select stocks, bonds, or mutual funds for a savings strategy, however, my personal choice is to invest in bonds first, then mutual funds.
My savings strategy selection process for an immediate want includes taking a portion of my income and storing it in a money market bank account to cover the expenses, since the interest rate changes daily for money market accounts. My savings strategy selection process for retirement includes a combination of municipal bonds, mutual funds, and maybe a few reliable stocks. However, I would invest more of my money in bonds and mutual funds than stocks because stocks are riskier than bonds. Also, I could possibly stand a chance of losing a lot of money if I do not thoroughly research my choices.
“What makes the stock market risky?” is what you are probably asking. Well, my answer would be that the stock market is consistently going up and ...

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Video Game : Video Games Essay

- On the night of the November 14 2002, the video game world would change forever. This single night would lead a new generation of video game players into a world walked rarely in the past. Concept of online gaming through video game consoles has been used for several years but never adapted into the everyday minds of the general audience. The select gamers who took a chance on the wild card game console by Microsoft, called The Xbox, would begin shaping the future of the video game industry for years to come....   [tags: Video game console, Video game, Xbox Live, Gaming]

Better Essays
1471 words (4.2 pages)

Nintendo: Pioneers in the Video Game Market Essay

- Nintendo started as a small Japanese business by Fusajiro Yamauchi near the end of 1889 as Nintendo Koppai. Based in Kyoto, Japan, the business produced and marketed a playing card game called Hanafuda. In 1956, Nintendo’s president Hiroshi Yamauchi began to realize the limitation of playing cards business because it was viewed as a mere tool of gambling. In order to overcome the limitation, Nintendo struck a deal with Disney in 1959 which allowed them to put Disney characters on their playing cards....   [tags: Business Analysis]

Better Essays
991 words (2.8 pages)

Essay on Rising of a New Game because of The Great Depression

- Through neo-Aristotelian criticism, we can see how the logos, ethos and pathos appeals to the game and why, even though not entirely loved in the beginning, was soon the thing to talk about and get involved into in the 1930’s. It can be clearly seen that there are a lot of pathos involved in the concept of the board game Monopoly. Rather, the emotions involved with the realism of the game could be harsh to some but given the history behind The Great Depression, the harshness of the game is what made it exciting and somewhat daring to ‘play-along’ with the make-believe world most people get swept up in....   [tags: charles darrow, monopoly, board game]

Better Essays
703 words (2 pages)

Essay about The Economic Disaster in 1929

- The Great Depression represented the most horrific economic downfall the United States has ever experienced. The Depression lasted around 11 years, from 1929 to 1940s. Millions of people were effected from this disaster that couldn't be controlled by only one man. As a result, it has become one of the worst points in American history. One of the major causes of the Great Depression was the stock market crash in October of 1929. Every day Americans were buying into the stock market. Some winning big and others not so much....   [tags: great depression, stock market, bank run]

Better Essays
1279 words (3.7 pages)

The Difference Between Gambling And Investing Essay

- People always confuse that what’s the difference between gambling and investing. In this cartoon, Bob should set out in responding to Joe 's question by laying down this difference between gambling and Investing especially in the context of the stock exchange market. To begin with, investing in this market and gambling are two different things regardless of their similar outcome that seems to converge at making either gains or losses. Investing in the stock market involves a web of integrated legally accepted channels that are at the backstage of a decision made by a client of a mutual fund, investment bank or any other relevant institute....   [tags: Stock market, Investment, Mutual fund, Finance]

Better Essays
887 words (2.5 pages)

Essay about Stock Asset Returns Are Predictable Part 1

- 4. THEORITICAL BACKGROUND Since the originative works of Fama (1965 and 1970), where an efficient market from the informational execution point of view was defined as one where “stock prices ‘fully reflect’ all available information” (Fama 1970) and market efficiency was categorized into three levels: weak-form, semi-strong form and strong-form. First of all, the information set through weak form efficiency, reflects only the historical prices or returns. Second of all, the information set in semi-strong form efficiency, contains information available to all market participants....   [tags: finance, classifications, efficiency]

Better Essays
1969 words (5.6 pages)

Thoughts on Game Theory in Economics Essay

- According to Wikipedia, game theory is a branch of applies mathematics that is used in the social sciences (mostly economics). Game theory can also be defined as a theory of competition stated in terms of gains and losses among opposing players. Game theory tries to mathematically imprison behavior in strategic situations, in which a person’s success in making choices depends on the choices of others. Traditional application of this theory attempt find equilibrium in these games, in equilibrium....   [tags: Economics]

Better Essays
1937 words (5.5 pages)

If I Had One Million Dollars Essay

- If I had one million dollars. Before covering any curriculum in personal finance class I wrote a financial strategy saying I would use my million dollars to further my education. This would create a gateway to make more money in life because I understand that one million dollars is not enough to last me a lifetime. My goal now is still very similar to what it was at the beginning of the quarter. However, now I have a much better understanding of how I plan to manage my money in the near future to set myself up for the rest of my life....   [tags: Investment, Finance, Stock market, Loan]

Better Essays
1057 words (3 pages)

Analysis of Capital Market Efificiency and the Efficient Market Hypothesis

- Capital market efficiency is concerned with assessing the movements of security prices over different time horizons. In this paper, I will briefly discuss capital market efficiency and then finish with an extensive discussion of the Efficient Market Hypothesis (EMH), which is a leading theory in explaining some of the major reasons for fluctuations in security prices. From this perspective, we will examine the three forms of efficiency, supporting and opposing arguments of the EMH, alternative theories, and potential modifications to the model....   [tags: Information Continuum, Liquidity Position]

Better Essays
2757 words (7.9 pages)

Personal Experience : The Stock Market Game Essay

- Part 1: Personal Experience The stock market game is a great way to learn and understand how stocks work. I ended up learning that going all in and shorting stocks was the quickest way to make money. Unfortunately, it is also the best way to experience the slaughter when stocks go other than what you predict. In the beginning, I did not truly understand how to play the stock game. I was afraid and put clumps of money in different stocks. The cost was hundreds and hundreds of dollars that. Slowly as I tested shorting with Sunedison (SUNE) I began making up the money that I lost....   [tags: Stock market, Stock, Short, Share]

Better Essays
1971 words (5.6 pages)