In my language arts class, my teacher had my class invest 20,000 imaginary dollars in any stock that we wanted. I spent $12715.9 for my stock project and lost $1722.9 in total. The other money of the $20,000 we had went to a company outside of America that I later had to get rid of because they didn’t use USD.
One of the companies I invested in was Cal-Maine Foods that I bought 50 shares of that costed $56.08 but later went down to $47.48 per share which lost me $430 in total. Another stock that I invested in was called Valero Energy Corporation. I bought 50 shares of it and each share costed $133.72. The share price later went down to $111.66 per share which lost me a total of $1103. The last stock that I bought was CONOCOPHILLIPS. I bought 30 share of it and each share was $107.53. The final price of each share costed $101.2 which lost me a total of $189.9.
In the end, I learned a lot about investing stocks. I think that I lost money because the companies I invested in all produced products that America had a shortage of, such as eggs. I think that this was a bad idea since they all lost money.