OnlineNursingOwl
← All nursing posts

Accounting · Studypool

Accounting Question

Overview

You have been given $10,000. Now where do you invest it to maintain or grow your money. Your options are; Stock Picking - You can select stocks from Nasdaq, S&P 500, and the Russell 2000. Index - You can select indices which are Indexed to Nasdaq, S&P 500, and the Russell 2000. Cash - USD only (we will not be forex trading in other currencies). Short Term 3 month US Treasury bill. Bitcoin - (no other digital assets). Gold Silver Great source of information for prices, charts etc. - TradingView — Track All MarketsLinks to an external site. ---- the first part of this assignment, you will select how you use your $10k, (it can be split among multiple assets), show how many share you can buy, the price at the time of your decision. Keep and inventory of your asset so that you can know in the future if you made profit or loss. Second Part - explain why you selected what you did. Third Part - provide a prediction. Do you think you will lose money, stay the same, or make money. Give a range. (examples;) (lose money - final amount between $5k - $7k) (same - I will still have $10k, but with inflation currently around 4% I will lose purchasing power) (make money - final amount between $12k - $14) 2. How’s the Market Doing Right Now? It’s easy to find out how the stock market is doing anytime during trading hours as well as its performance so far during, the current year. For example, if you want to see how the S&P 500 index is doing, go to http://www.bloomberg.com/quote/SPX:INDLinks to an external site.. You’ll be able to see how the index is doing and if you look at the “year-to-date” section, you’ll see what the S&P 500 stocks have returned so far in this year. Get a Quick Perspective on Your Asset Allocation: It’s important to have a good perspective on your asset allocation decision. Good, rough recommendations can be found at http://www.bankrate.com/calculators/ retirement/asset-allocation.aspxLinks to an external site. and https://personal.vanguard.com/us/funds/tools/Links to an external site. recommendation. Just answer a few questions about your investment horizon and attitude toward risk and you’re set—you can do it now. Track Your Portfolio for Free You can track your portfolio for free. And you can track a “paper” portfolio as well just to test out investment ideas. Just go to https://www.marketwatch.com/help/default.asp?page=... to an external site.

-----------------------------------------------------------------------------------------------------------------------

Now the above part is to explain the main idea. What needed to do is this part below:

"Check your stock price and report. Check the prices on December 4 not before that. Write and turn in a paragraph explaining the performance of your picks, would you hold the investment longer, would you sell the investment, and do you consider yourself a risky, or risk adverse investor.

Show information on your pick. Make sure to calculate your profit or loss and rate of return. Note these are not current prices."