You have just come into an inheritance of $24,000 from a distant relative, and you want to invest it for the long term. Create an investment portfolio that includes five different stocks. Create a Table in your Discussion (use the table icon in the banner) and report the following in this week's discussion to your class for EACH of the five investment options:

 

• Stock name (and ticker symbol)
• Price per stock and how many stocks you purchased
• Total purchase price by stock
 
• Total purchases (stay as close to $24,000) as possible

Finally, include a brief reasoning for why you like this mix of stock

In Week 5, you will have the chance to reconfigure your investment portfolio, but not before. Then, in Week 8, you will be reporting on your investment strategy again. However, this time you will be adding what the current stock price is, the current value per each of the five buys is, the total value of your initial $25,000 investment, and finally, how much you gained (or lost) on your investment in eight weeks.

Instructions:

• Find companies where you can access stock prices for on a daily basis.
• Once you have found a company you like, research the investment results over the previous years and what experts say about the company's future