On the week of May 23 I decided to invest. I started off the competition with $100,000 dollars. I honestly had no idea of how investment worked or works. I felt that it is very hard to understand and I was right.
I have no idea how to invest or were. My investments are horrible, I invested in things I didn’t know anything about also, I bought a lot of shares or too little shares. I bought 300 shares for General Motors and they just keep on going down the market and so is my money. I bought 50 shares of a technology company which apparently is doing very good, and since I bought little shares I am not recuperating enough money to make up for the loss of my bad investments.
I used investopedia to learn about the market, and it was really helpful. I learned that I know nothing about how the market works. It is way much more difficult than I imagined. It has been very difficult. I couldn’t figure out the risk of investment in order to place a safe trade.
I honestly wouldn’t recommend investment unless you fully understand the market. I am very angry that I am losing money and I don’t understand why. I didn’t know that investing was such a gamble and it was this unstable. Now that I know, I won’t invest again it is very time consuming and stressing.