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Cheat Sheet: Review STAX: Portfolio Dashboard Reference to familiarize yourself with how the game looks. There are 7 different types of investment opportunities that will
Cheat Sheet: Review STAX: Portfolio Dashboard Reference to familiarize yourself with how the game looks. There are 7 different types of investment opportunities that will be explained in the information boxes. For extra help during the game, click the question mark at the top right of the asset box. Every 6 months (30 seconds in the game), you receive pocket cash to invest. Pocket cash represents 10% of : your salary that you are saving. Your pocket cash starts at $2,000 and increases over time as you get raises and @ bonuses! B Click on the double arrows button to toggle between balance and profit for each investment opportunity. When you are finished with the game, keep your STAX results window open to answer the questions below. Reflection Questions: 10points 1. Take a screenshot of your portfolio at the end of the game and paste it in the box below. If you are unsure of how to take a screenshot, here are Screenshot Instructions . Upload the screenshot you took from your computer. Note if you saved in a Google Doc, please download as a Word or PDF file to submit. Do not submit Google Docs Links. 10 points 2. What approximate percentage did you have in each asset class? Complete the table below using the Investment Portfolio pie chart. Estimate the percentage for each of the asset classes using the pie chart as a reference. Type of Asset Savings Certificate Index Fund Individual Government Commodity Gold LUl of Deposit SOl LT 10 points 3. Looking at the table above, did you finish the game with a diversified portfolio? Explain. 10 points 4. Describe your investment strategy as you played the game. a. What was your plan when you first started playing and how did it change during the course of the game? b. If you didn't have a strategy, why not? 10 points 5. 10 points 6. 10 points 7. Describe the various emotions you felt as you played the game. How did your emotions impact your decision-making while playing the game? Provide specific examples. What strategy did the computer follow? Why do you think that strategy was so successful in beating so many of the students in your class? Your friend brags, "It was easy to trying to beat the computer in the STAX game. | made $100,000 more with my strategy of actively trading those individual stocks. Why would you want to just buy an index fund? It's so much fun to try to beat the market!" How would you respond? vw.ngpf.org Last updated: 3/15/21 10 points 8. If you had the opportunity to play STAX a second time, what would be your strategy? 10 points 9. What do you think would be the consequences of having less money saved for retirement? How would that impact your life? 10 points 10. Bonus Question: You had seven different investment options in the game. The most diversified portfolio would include all of these various options. On average, should this diversified portfolio have the highest return? Why or why not
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