Million Dollars in Stocks
Congratulations! You have inherited $1,000,000 from your Great Aunt Sally!
She says you can keep all the money.
There is one catch though. You have to invest it in 10 publicly traded companies (stocks) so that they money can keep growing!
A stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings
In other words, you can actually buy a part of Apple or Microsoft or Caterpillar or Nike or Under Armour or Southwest Airlines or Harley Davidson or McDonalds or Coca Cola or Facebook or Twitter or Verizon or AT&T or….ok, I’ll stop. Just know there are thousands of stocks out there and anyone can buy a part of these companies!
Here is the deal your aunt is making with you. You have to buy 10 stocks, but you can buy as many shares of each of those 10 stocks. For example, if you choose Apple as one of your stocks, you can buy 1 share, or 10 shares or 100 shares or 1000 shares. But all of the shares from the 10 stocks have to be very close to $1,000,000 or you cannot keep the money (translation…you will not get a good grade on this assignment).
I’ll bet you are wondering how you will do that math. Easy! You have a secret weapon called a Spreadsheet (Microsoft Excel is a spreadsheet). It can do that math for you if you set up the formulas correctly.
Let’s get started.
She says you can keep all the money.
There is one catch though. You have to invest it in 10 publicly traded companies (stocks) so that they money can keep growing!
A stock is a type of security that signifies ownership in a corporation and represents a claim on part of the corporation's assets and earnings
In other words, you can actually buy a part of Apple or Microsoft or Caterpillar or Nike or Under Armour or Southwest Airlines or Harley Davidson or McDonalds or Coca Cola or Facebook or Twitter or Verizon or AT&T or….ok, I’ll stop. Just know there are thousands of stocks out there and anyone can buy a part of these companies!
Here is the deal your aunt is making with you. You have to buy 10 stocks, but you can buy as many shares of each of those 10 stocks. For example, if you choose Apple as one of your stocks, you can buy 1 share, or 10 shares or 100 shares or 1000 shares. But all of the shares from the 10 stocks have to be very close to $1,000,000 or you cannot keep the money (translation…you will not get a good grade on this assignment).
I’ll bet you are wondering how you will do that math. Easy! You have a secret weapon called a Spreadsheet (Microsoft Excel is a spreadsheet). It can do that math for you if you set up the formulas correctly.
Let’s get started.
Day 1 Video (Finding Stocks & Value)
Day 2 Video (Creating Formulas)
|
STOP! YOU MAY ONLY WATCH THE NEXT VIDEO
|
|