Investments

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After seeing our gains we started trading more aggressively we went from going from $50,000 purchases to $100,0000 purchases. At this point the market started to slow down instead of $3000 and $4000 we had gains of $1000 and $2000. This is a positive return but not the type of return we were looking for or thought we would get with putting more money in the stock market. With the moderate gains we grew more aggressive later in the month of October purchasing $250,000 worth of Tesla and Amazon stock. These are two very high growth companies. Because these stocks posted good earnings in this period We received a great pay off and return. due to these stocks The risk and return in a short amount of time especially for the stock track game is pretty high overall. In real life both companies have highs and lows but are a safe return on investments. We learned a couple of things during this game that may or may not be true in actual life all of the time. Netflix, a pretty dominate company in its field and one of the first to offer online streaming . Being dominate and being first does not always guarantee a great return. At one point we lost $20,000 on this investment due to the company raising rates and losing licensing for some of its shows. We had faith in Netflix though and even though it was losing money we stuck with it. As of today Netflix is just over where we purchased it at $113 to $114 after 3 weeks. This stock seems as though it will even out eventually.

One of the biggest mistakes we made is going with a pharmaceutical stock