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Stock Market Game Flashcards | StudBud
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Stock Market Game
Stock Market Game
16 terms
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StudBud Administration
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20 plays
Basic knowledge on the Stock Market Game
Flashcards
16 cards
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Practice quiz
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Host live
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Questions
16
Answers
1
What are some tools you can use to learn about companies?
Lucky numbers
Dating websites
Past performance of a stock
Annual reports and website articles
2
Who are you competing against?
Students at Mac and TJ
Kids around the world
Other students in STEM Exploratory
High School students
3
What information do you need to make a purchase?
Ticker symbol, # of shares to buy
Closing price, ticker symbol, $3 minimum price of stock
Limit price, initial posting price, # of shares to buy
Category and at least 10 shares
4
How much money does each person start with?
$1O,000
$1,000,000
$1,000
$100,000
5
What is a stock?
A financial word that means sell
A share of a company
A bunch of the same thing
A type of bond used by local governments
6
What is a sound strategy for investing money?
Diversify your investments
Only invest as much as you can afford to lose
Buy low, sell high
All of the above
7
How are bear markets and bull markets different?
They are both animals
They describe what the stock market is doing
Democrats and Republicans
The market is losing or gaining money
8
What is a good strategy to determine the worth of a stock?
Compare the value today to a week ago
Compare the value today to a month and a year ago
Talking to people in your neighborhood
Flip a coin to determine which news articles to read
9
How do you make money in the game?
You purchase stocks from other countries
Your stock prices rise
You purchase bonds from local governments
When you sell your stocks at a profit
10
What purchase of stocks would be a good example of diversification?
Wal-Mart, Dollar General, Toys 'R Us
Arby's, Legacy Health Center, Apple
Hizon Wind, Pitts Coal, Prairie Electric
Black, Red, Purple, Green
11
What happens if you make a purchase at your house on the weekend?
You will be disqualified
Nothing; you can't do it
Your parents will have to pay a fee
It will record on next business day at end of the day
12
What is the broker's fee?
3% only when you sell stocks
$10 on all trades
3% when you buy and no charge when you sell
1% only when you buy stocks
13
What are some good ways to choose stocks?
Buy products that start with the letters of your name
Products/Brands you know and ratings of experts
Cross your fingers and hope for the best
Advice from people who are rich
14
What is a bond?
A relationship between 2 people or groups of people
A share in a company
Something a government sells to raise money
The chords of a song
15
What is the ticker symbol?
Used at ball games to count people
3-4 letter abbreviation used to identify companies on NYSE
Police officer gives one to someone who is speeding
Picture of a heart
16
Why is it a good idea to diversify your stocks?
There will be less broker fees to be paid
Losses in one sector often mean gains in another
In case the whole market crashes
The teacher will yell at you if you don't