Archive for the ‘stocks’ Category

Life: Stock Game Update

November 14, 2007

Well the four weeks is almost up!! I can’t believe it either and with the market the way it has been the kids are shocked they could lose SO much money so quickly!!

Well today was a bit of a rebound…. or at least a pause in the bloodbath… so I figured it would be a perfect time to update everyone on our progress…

At the end of week two we all got to make some trades – WaMu stock was liquidated from the kids’ accounts at their own begging (and I ditched my Garmin Stock). Of course personally I am looking to get into the rock bottom wamu stock price to ride the elevator back up once they get their Sh*t together :)

Quentin moved the funds from his sale into a single Google stock hoping to ride more of the wave over there. Gabriel finally decided to try some tech stocks with Amazon (notice though he stuck with a retailer though), but of course he couldn’t resist another supermarket…. he went for Albertsons and got Supervalu :) Me, well I ditched my Garmin and heavily invested in $tarbucks…. I’m still not willing to make the move on my real investment account (although I did have to pick up the super low priced Yahoo)….

So what does it all mean? Well Quentin and My tech stock rollercoaster is interesting, while Gabriel’s retail supermarket highway is a solid bet (even if the return is low). Well despite all that I sure have learned a lot about market influences on kids and a lot about my own kids’ thoughts about free markets….. I am thinking I am going to play with this game a little more ;)

maher_competition_17.jpg

Life: Stock Market Games – Day 3

October 24, 2007

Well even if my own portfolio was completely in the hole today – at least Quentin’s in-game portfolio went up the most!! That’s three days, and all three of us have had our turn earning the most money!! Granted, Quentin was only up $11.16…. but that beats my measely $4 and Gabes $93 loss! Hopefully the fact that Gabe’s still over $10k will keep him encouraged to continue playing….

maher_competition_3.jpg

Perhaps getting into Seattle’s new version of the hotel industry would be more profitable?

Life: Stock Market Games – Day 2

October 23, 2007

Not much of an update today…. except for Damn! Thanks Apple for pulling up the tech sector and pulling me into the lead :)

maher_competition_2.jpg

Life: Elementary Stock Market Games!!!

October 22, 2007

I recently decided it was time to start teaching the kids about the stock market. Gabriel, 6 & Quentin, 9 are getting basic arithmetic, spelling, and science training in public school and will do well when they are older. The only problem is that I want to make sure they know what to do with their millions or hundreds when they start to make it….

So I Quentin, Gabriel, and I embarked on a four week adventure :)

  • $10,000.00
  • 3-5 stocks each
  • 4 weeks
  • Two trades allowed at the halfway point

The money would be split evenly amongst all the stocks chosen (so picking google would skew the number of shares for all of the companies in the portfolio). Of course the kids were all over it and had a blast trying to figure out what stocks to buy. “Hey Dad, how about Honey Bucket?”…. Yes I’m sure they were thinking it was hilarious to buy stock in human waste with the word format P**P….

So Quentin, being 9, went first with some authority….

  • Washington Mutual Bank – 12 (both Robin and myself have worked here)
  • Google – 12 (this is where the school teachers tell the kids to start on the Internet)
  • General Motors – 12 (he liked Chevy for some reason)
  • Honda Motor Company – 12 (our family cars are a Honda & an Acura)
  • Yum Brands – 12 (Pizza Hut carries some weight I guess)

Gabriel went for it too with some interesting picks…

  • Washington Mutual Bank – 53
  • Nike – 53 (he wanted both Nike & Hurley… but Nike owns Hurley)
  • Safeway – 53 (we shop here a lot)
  • Costco – 53 (and spend a lot of money here)

and… myself – I don’t personally own any of these so thought it would be fun to pick them :)

  • RIM  – 10 (almost bought at 35 and now really sore that I missed the jump to over $100)
  • Yahoo  – 10 (thinking of adding to my own portfolio)
  • Cisco  – 10 (thinking of adding to my own portfolio)
  • Google  – 10 (I can’t afford the shares so why not play with them)
  • Garmin  – 10  (everyone wants a Nav this Christmas)

Well day 1 was interesting….

Gabriel (6 years old) is in the lead with $10,199.28

I’m in a healthy second with $10,197.70

and Quentin is not far behind with $10,165.24

maher_stock_1.jpg