This is a video tutorial and trying stocks. We had actually investing any money.
Just to see how much money you would have gained if you had invested something like $10,000.00. So, I am just going to type finance to Google, you are gonna go to Google finances. It is financestockgoogle.com and Google if you are logged in, if you have a G-mail account or any other type of Google account, they allow you to use a portfolios option. Here, I can enter the symbol, the shares and the price.
So, I thought it was especially in need to learn about what if I invested in the top movers, the ones I gained the most or that ones that I lost the most. Which one is better? To invest on average is a better to invest on the ones that are showing high revenue or is it the one that has recently lost a lot of money. And the interesting thing about Google Finance is you can click any of this company still water mining or something. And I can see similar companies, how much similar companies have lost? So, I can see if it is just the industry, if it is just the mining industry in this case or is it really just the company? Sometimes you get companies that have fraud or accounting fraud, some kind of something really bad happens, their CO leaves or something and you get real problems. You should not invest on those types of companies, but if the whole industry is down. The whole industry is losing money. It is probably a good idea, it is maybe investment.
But again, you can try it without any risk you can add stocks to your portfolio. How many you would have bought, but I like to save $10,000.00, say you only have $10,000.00 you are going to use that fixed budget to buy as many stocks as you can research. So, buy the stocks, I am just gonna take a random one ARP or something. And their price is 30.80, I do not know. I am not going to take the time to divide it right now but I am going to go to the portfolios. I am going to enter the stock name which was ARP. I am going to save 100 shares or something and 30.80. Again, it is best if you limit yourself to some imaginary limit like $100,000.00 or 10,000.00 than that, but I add it to my portfolio. And then, I can track it in weeks to come to see how much money I would have made. Had I put money in their stock?
It is a very useful trick once I want to get rid of the stock. I just go back to the portfolios. I can add a portfolio and delete. Just click remove and save changes. So, I can clear my list and I can generate a new list and I can just be tracking how much money I would have made. And I can get better as investing and learned little bit more of how it works without actually risking any money.
And again, it is really useful because in Google, you click on the links to any stock and they are going to give a discussion forum. And you can check the news. So, you can see the reason it went up and the reason it went down. And you can see what the people say if it is going to go up or down. Usually, this are very highly educated people and you can see what they are saying. They even have blog post and sometimes they even have video post. So, it is really great useful program. If you want to try out stocks without any risks and see how much money you would have made or just get better and learn a little bit more about how it works. I recommend you try it at the Google Finance with the portfolio’s option.
Thanks for listening.
