JB+math+stock+page

JMJ link to Home page The stock market is called the New York Stock Exchange. It is located on wall street in New York on 20 and Broad street. In the building stock are bought and sold buy stock brokers, which try to find another person buying or selling the same stock. It began opperating in 1792 when a group of brokeres meet and decided to trade the stock of companies between each other. A share is a small portion of a company that people can buy. If the company does well usuall the share price goes up and share owners normally sell their shares to make money. To own stock means that you own a small portion of a company. Even if you own stock it does not mean you have a major influence on the company unless you own a lot of stock. People invest int the stock market because they want to make money. they make money by buying shares than selling them to see if they can sell them for a higher price than they bought them for. poeple also invest in the stock market becasue it is a very easy way to make money. Not a lot of work is involved. Stock brokers are allowed to trade stocks. They are people who work on the floor of NYSE and try to find the best price for your stock that they can get and then sell it. Yes, big, successful, investors can influence the stock market because if they like a company others will wants to invest in that company just because the big investor said he liked it. This is called momentum investing. An advantage of putting your money in the stock market is you are able to make more money in the stock market than you could in a bank. A disadvantage is that you are able to loose money if your companies stock price goes down and in a bank your money is safe and you will make a little interest in the bank.

Nke is the ticker for Nike. Nike is a company that sells sprots apparel. A main product they sell are shoes. Their price per share as of Friday February 19 was $64.44. Aapl stands for Apple Inc. Apple sells computers, ipods, and many other technological devices. There price per share on Friday February 19 was $202.93. I chose to invest in Apple because my dad recomeded it to me and because the computer industry just keeps growing and Apple is involved with computers. Mcd stands for McDonalds. McDonalds was started in the year 1940 by Dick and Mac McDonald. McDonalds is a fast food resturant that sells your usual fast food like hamburgers, fries, and chicken nuggets. Recently Mcdonalds has been selling inexpensive coffee and coffe drinks to people in order to compete with expensive coffee shops. Vz stands for Verizon Communications. Verizon is a cell phone service provider and they make cell phones. They began on June 30, 2000 and started trading at the NYSE 3 days later. There price per share as of Friday February 19th is $29.15. Hog stands for Harley-Davidson Inc. Harley was started in 1903 by William Harley and Arthur Davidson. the factory where the two worked was a 10 x 15 foot wooden shed with the words Harley David Motor Company written on it. Harley makes motorcycles. There current price per share as of Friday February 19 was $24.57. Gps stands for Gap Inc. Gap is a company that sells clothes. As of 2008 it had 3001 stores. It was started in 1969. Its current price per share as of Friday February 19 is $19.99.