Note: This assignment does not count toward the final grade.
Part 1: Choice of Investment
You are given $10,000 hypothetically
1. You need to pick to buy a publicly traded stock, ETF, currency, or bond. Submit your selection to the instructors before Sept 14.
2. The price you buy is at the close of Friday, September 13.
3. The price you sell is at the close of Friday, November 15.
You need to track on a spread sheet:
1. How many shares you have bought
2. Daily profit and loss in $ and %
3. After closing out on November 15, total profit or loss in $, sum up all daily gains (G) and losses (L), calculate (G –L) / (G + L)
Part 2: Optional Revision of Choice
You are given a one-time chance to switch your entire position on Friday October 11’s close, carrying the $ balance from your previous position and rolling it into a new stock or ETF. Update your decision by submitting your decision to the instructors before October 12.
Part 3: Spreadsheet with Performance
Share the spreadsheet of your performance with the instructors. At the end of the term, the instructors will announce the top three leaders.
