Question
In this class you are required to build a portfolio of at least 4 common stocks (from the FTSE NASDAQ Dubai Shariah Index Series) and,
In this class you are required to build a portfolio of at least 4 common stocks (from the FTSE NASDAQ Dubai Shariah Index Series) and, using Yahoo's excellent portfolio management feature, you will monitor the performance of these stocks and some stock indexes (Shariah compliant ones), and some equity mutual funds throughout the course of the semester Follow these steps to complete this assignment. 1. First, visit Yahoo's site for stock quotations and portfolio management at http://uk.finance.yahoo.com/ to get used to how the site works. Sign up at Yahoo's site as a guest member, which will require you to choose a name and password. This is free and easy, so take care of it. After you have your password, ask for quotations for a couple of stocks. To do this, enter the name of the company in the box for Get Quotes at the top of the page and choose the symbol from the drop-down options. 2. After you have looked up a couple of quotes, find the link on the page that will allow you to build your own portfolio (you must be signed in). Select that. Here you will build a trial portfolio of a couple of stocks plus an index just so you can see how it works. Select a New Portfolio. This portfolio eventually will be deleted and replaced with your real portfolio, so don't worry about mistakes. Give your portfolio a name and follow the instructions on the page and select at least 4 companies (you will need to know their symbols). Also select at least one Shariah index (like FTSE Shariah Dev). 3. Evaluate your portfolio on a daily basis.
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