Aunt+Gussie's+Legacy

Stock Market Activity: Aunt Gussie’s Legacy

Great Aunt Gussie lived a comfortable life. Her late husband left her with a nice nest egg. She had her weekly Mahjong game, knit baby hats for the local hospital, and was never without a butterscotch candy in her purse. She took you out to brunch at least once a month, because you were always her favorite. She never behaved extravagantly, so when she died, she was able to leave each of her grand-nieces and grand-nephews $10,000.00. As a financially savvy person, you know that you can get more from that money than just that pair of Abercrombie jeans you had your eye on. You decide to invest the $10,000.00 and grow your money. Great Aunt Gussie would be so proud, such nachas.

Of course, Great Aunt Gussie had kind of a playful streak in her. So, in her will she also said that the one who had the biggest return from his/her $10,000.00 (or the smallest loss) by the close of trading on June 11, 2010, would win a rare family heirloom.

__The Rules of the Game:__ 1. You have $10,000.00 to invest, and you must invest all of that money. 2. You may invest in up to 5 stocks. 3. You must keep these stocks for the duration of the game. No trades. This is called the “buy and hold” strategy. 4. Come to class on April 30 with the names of your stock picks and how much of your $10,000 you want to invest in each stock. 5. You will be responsible for tracking your portfolio. We will update the standings every C-day.

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