This is the second of three stock journal assignments that you will complete during this course. For this assignment, you will add your work for Week 8 to your previous work from Week 3, following the instructions below. Two templates have been provided for your use. In one template, you will enter your chosen companies, the share prices, and the number of shares you will be purchasing given your budget of $25K. The other template is where you will write your rationale/summary. Please download both templates, then complete, save, and submit both templates to Blackboard.
Instructions
For this week's portion of the assignment, complete the following:
Record the current price of the stock for each company you selected in Week 3's Stock Journal.
You may use any price during this week (e.g., day one price, the opening, the low, the high, the close, or any price you find when you check it during the day).
Use the MS Excel spreadsheet or MS Word document to put your Week 3 and Week 8 stock prices side-by-side, to show your comparison.
Determine the current value of your total investment.
Do not make any changes to your investment at this time.
Calculate your total based on the number of shares and the new price per share, for each company.
Evaluate the results of your current investment to provide your opinion/assessment of your investments.
Consider the following questions as you provide your opinion:
Why do you believe the stock increased, decreased, or remained static?
Are you upset because your investment is worth less than $25,000?
Are you happy with the result and the trend?
Use at least two quality references. Consider using the sources of information ideas above or searching and locating resources from the Strayer University Library. Note: Wikipedia and other websites do not qualify as academic resources.
Submit two documents for your journal assignment submission by uploading them to the assignment submission area:
Completed Excel template with Week 3 and Week 8 complete.
Completed Word document template with your rationale with Week 3 and Week 8 complete.
This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course.
The specific course learning outcome associated with this assignment is:
Analyze the performance of an investment portfolio over time.
Resources
Weeks 3, 8, and 10 Stock Journal Project Excel Template 1 [XLSX].
Note: The above Excel template has been provided for your use for the stock journal assignment. You will notice that there are directions for your work in Weeks 3, 8, and 10. When submitting your assignment for each week, you may use the provided Excel template above, your own Excel template that you create or a Word document that you create as long as it communicates the requested information.
Weeks 3, 8, and 10 Stock Journal Writing Assignment Template [DOC].
You do not have to provide any analysis to justify your decisions. You must only provide some reason for picking that company. For example, you might invest in Ford because that company gets a lot of your money and you hear that Ford is doing well, and will continue to do well. Insert your rationale here. One paragraph is more than adequate to provide a reason why you have selected the 3 companies you have chosen.
Week 8 Instructions: Evaluate the results of your current investment. Are you happy with the result and the trend? Are you upset because your investment is worth less than $25,000. Feel free to speculate / guess at why you believe the stock increased, decreased, or remained static. Insert your update here. One paragraph is more than adequate to provide and update concerning the 3 companies you have chosen.
Week 10 Instructions: Provide your final opinion / assessment of your investments. Did you make money or lose money? Discuss your results and, based on hindsight, describe what you would do differently. Discuss what you learned from this assignment. Do you believe this assignment will help you in the future in any way? Insert your update here. One paragraph is more than adequate to provide and update concerning the 3 companies you have chosen.
*Use black, size 12, Times New Roman, Arial, Courier, or Calibri fonts. Double-space your paragraph. See the formatting instructions under the Strayer Writing Standards link in the Course Shell.
*AFTER COMPLETING YOUR WORK, DELETE ALL ITEMS IN RED. Your font must be black.
Sources
Sample formatting for an online source:
1. Anya Kamenetz. July 10, 2015. The Writing Assignment That Changes Lives. https://www.npr.org/sections/ed/2015/07/10/419202925/the-writing-assignment-that-changes-lives
You found the share prices for your three companies on websites. Please indicate where you found them here.
1. Website 1
2. Website 2
3. Website 3