H (original greeting – clap). So we did a thing in LA. And that thing had to do with the stock market. The thing we did (and are still doing) is a game where everyone starts off with (theoretical) $20,000, and “invests” it into 3 to 6 different stocks under a company that they “create”, and whoever has made (and lost) the most on their stocks by the end of the school year wins.
Why did we do this in LA? For a deep analysis of the mystery book we’re reading, The Westing Game. Basically, there’s this character, Turtle Wexler, and she likes the stock market.
The stocks I “invested” my theoretical $20,000 into were Moderna, Southwest, Johnson & Johnson, Pfizer, Delta, and Walt Disney.
Why did I choose the ones I did? Well, Moderna, Johnson & Johnson, and Pfizer are all pharmaceutical companies, so they’re working on a vaccine for a little virus you may or may not have heard of, Covid-19, which I think will really be in fashion around the time when we’ll check how much we’ve made/lost, so these companies will (hopefully) be doing well, and their stocks should reflect their success (right? I hope that’s how stocks work).
I invested in Delta and Southwest because they’re popular air lines companies, and I think (/hope) that once the vaccine starts being widely distributed to more people (at least those in wealthier countries, that is), so (hopefully) people will start traveling via airplane more, so air lines companies should have a boost in performance.
I invested in Walt Disney because, again, once places start opening back up, I think amusement parks (such as Disney world) will be a prime attraction that people start traveling to again, (hopefully) leading to a boost in performance of the parks’ companies.
Anyways, I will be “investing” under the “company” of Wonk. Here’s our (AKA my) logo.
I was thinking that Wonk’s catch phrase could be “You will regret not investing with us”, in more of a… murderous tone, but I didn’t have time to.
Anyway, so far (as of 10:15 AM, 3/4/2021, when I checked how my stocks were doing) Wonk has made a profit of $-1296.17.
So I’d say I’m on track to win this game.
Heh, this was so fun to read, and I like your logic behind each stock that you chose.