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using the first 3 photos use to answer the questins 1-4 and 8 CONGRATULATIONS! In 20 years vou made: $199,392.33 Assuming you maintain a reasonable
using the first 3 photos use to answer the questins 1-4 and 8
CONGRATULATIONS! In 20 years vou made: $199,392.33 Assuming you maintain a reasonable yearly growth at 6%, you could retire in another 20 years with $639,478.21. Did you know that the computer wins 70% of the time? Look at the portfolios below to see if you can figure out why. Share your score: TOTAL MONEY RECEIVED $208,924.66 TOTAL MONEY RECEIVED $208.924.66 IMPACT FROM LIFE EVENTS -$11,150.00 TOTAL EARNINGS $1,617.67 YOUR HIGHEST PERFORMER ? YOUR LOWEST PERFORMER 77% -6% GOLD INDIVIDUAL STOCKS INVESTMENT PORTFOLIO SAVINGS ACCOUNT CERTIFICATE OF DEPOSIT INDEX FUND INDIVIDUAL STOCKS GOVERNMENT BONDS CROP COMMODITY GOLD POCKET CASH COMPUTER PORTFOLIO | SAVINGS ACCOUNT CERTIFICATE OF DEPOSIT INDEX FUND CROP COMMODIT INDIVIDUAL STOCKS GOVERNMENT BONDS O GOLD POCKET CASH 10:39 . X INTERACTIVE_Invest wit... 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, D Amt Percentage 3. Looking at the table above, did you finish the game with a diversified portfolio? Explain 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? 5. 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. 6. 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? 7. Your friend brags. "It was easy to trying to beat the computer in the STAX game. I 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? 8. If you had the opportunity to play STAX a second time, what would be your strategy? CONGRATULATIONS! In 20 years vou made: $199,392.33 Assuming you maintain a reasonable yearly growth at 6%, you could retire in another 20 years with $639,478.21. Did you know that the computer wins 70% of the time? Look at the portfolios below to see if you can figure out why. Share your score: TOTAL MONEY RECEIVED $208,924.66 TOTAL MONEY RECEIVED $208.924.66 IMPACT FROM LIFE EVENTS -$11,150.00 TOTAL EARNINGS $1,617.67 YOUR HIGHEST PERFORMER ? YOUR LOWEST PERFORMER 77% -6% GOLD INDIVIDUAL STOCKS INVESTMENT PORTFOLIO SAVINGS ACCOUNT CERTIFICATE OF DEPOSIT INDEX FUND INDIVIDUAL STOCKS GOVERNMENT BONDS CROP COMMODITY GOLD POCKET CASH COMPUTER PORTFOLIO | SAVINGS ACCOUNT CERTIFICATE OF DEPOSIT INDEX FUND CROP COMMODIT INDIVIDUAL STOCKS GOVERNMENT BONDS O GOLD POCKET CASH 10:39 . X INTERACTIVE_Invest wit... 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, D Amt Percentage 3. Looking at the table above, did you finish the game with a diversified portfolio? Explain 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? 5. 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. 6. 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? 7. Your friend brags. "It was easy to trying to beat the computer in the STAX game. I 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? 8. If you had the opportunity to play STAX a second time, what would be your strategy Step by Step Solution
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