Question
For this assignment, assume that you have $10,000 to invest. Using the internet, newspapers, investing chapter presentation materials or other sources for information, select at
For this assignment, assume that you have $10,000 to invest. Using the internet, newspapers, investing chapter presentation materials or other sources for information, select at least 2 investments, starting on any date between Jan 21 - Feb 1. You may pick any investment instruments you wish including GICs, stocks (equities), bonds, mutual funds, gold, foreign exchange futures, keeping the funds under your mattress, or any other legitimate investment as long as there are at least*TWO*different types. In other words, don't pick 2 stocks, 2 mutual funds, or 2 GICs. If you wish, you may also "buy" and "sell" during the period to change what investments you hold, but if you do, assume a $10 transaction fee and include the detail. This is a learning exercise, so grading is based on what you think happened and what you learned. You are*NOT*being graded on whether your investments made or lost money, rather on what you learned in the process. The assignment is worth 15% of your course mark, so invest you time accordingly.
First partis your starting position. Hand in on paper (one-page maximum,less is more) in theFebruary 5 or 6class:
1. What is your investing objective?
2. List your original investments, amount and date "bought", and your reasons as to why each was chosen.
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