The 5th Annual Intro to Marketing $25K Stock Challenge
Let's see who can own the Market! Will it be a member of the Kostman Krew or one of Rogan's Renegades that shows financial genius by capturing the 5th Annual Intro to Marketing Stock Challenge?
Each of you will be participating in an activity that simulates the buying and selling of stocks and the creation of a portfolio, a diversified group of stock investments. You will work individually and will have $25,000 of hypothetical money to invest. You will compete against each other to grow a mock stock portfolio, with the goal of creating the highest net worth in a simulated stock market environment.
Minimize your risk...Diversify!
Diversification means owning a number of different stocks in various industries that perform differently under a variety of economic conditions. An investor can diversify their portfolio by purchasing a number of different stocks. By diversifying one’s investments, a person minimizes their risk. For example, if an investor only buys stock in one company and its stock decreases in value, the investor would lose a lot of money; if, however, the investor owns stock in a number of companies, in a variety of sectors, odds are they will perform differently. Our hope in this simulation is designed to create long-term investors, rather than speculators.
Rogan has invited periods 2 and 3 and Kostman's 4 and 5 . You will have to set up a login with Wall Street Survivor
- Click on Wall Street Survivor Intro to Business Challenge to get to our challenge
- Click on Sign Up> then click on sign up for WSS>Register with your email address (use your school one and use your school password)
- Fill out the information - First>Last>User Name (First Initial _ Last Name - for example, M_Rogan)
- Agree to the terms and conditions (you do not need to check mark Sign me up for the WSS Newsletter)
- Click Register Now
- It will then prompt you to log in to your account > Login (I think it is a good idea to click the Remember me box) Use your User Name and Password
- Click LOG IN > then click Continue on the Welcome Screen
- Far left tab is the BIS MKTG Contest for our Class.
- You will also get an email asking you to confirm your email address - do so.
Next - Find and join our league:
Once you are logged in - the top bar>click Leagues> you will then see an image like this:
Search for our league by typing in Introduction2BIS in the search bar
It will show up and click>VISIT THIS LEAGUE (in Blue) - Then type in the group password (I2B2016) and press Join This League
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When you are logged in and you mouse ove on the shortcut dashboard (see image below) you will see the dropdown menu for how to access the Introduction2BIS portfolio. It is important to know you will have two different accounts - to be in our challenge you need to use the Introduction2BIS portfolio (you can practice in the other).
Info:
During Kostman's classes the market is closed - all trades will be made when the market opens in the morning in NY.
Day One - Each of you need to:
- spend at least $5,000 today on stock purchases
- diversify those purchases by buying at least (minimum) - 2 different stocks
- each trade will cost you $10 in commission
Day Two - Each of you need to:
- spend at least $8,000 today on stock purchases
- diversify those purchase by buying at least (minimum) - 2 other different stocks (you should have at least four now)
Day Three - Each of you need to:
- spend at least $8,000 today on stock purchases
- diversify those purchase by buying at least (minimum) - 2 other different stocks (you should have at least six now)
Day Four - - Each of you need to:
- spend at least $4,000 today on stock purchases
- diversify those purchase by buying at least (minimum) - 2 other different stocks (you should have at least eight now)
How to Trade:
Bit of a walk through will be done to explain how to trade - Rogan and Kostman will show you how to buy stocks.
Remember to use your previous assignment where you did a bit of stock research - Reading Stock Charts - you can also go to yahoo finance or just use the research tab right on Wall Street Survivor
Each of you will be responsible for following your stocks during the simulation and we will have periodic checks to show what decisions they have made regarding their portfolios. In addition, a project, analyzing the portfolio's performance will be due at the end of the simulation.
