For the month of December, I was given an assignment consisting of $100,000 and four stocks to invest in. My four stocks were The Ralph Lauren Corp., Visa Inc., Master card Inc. and The Chevron Corp. As stated I was given a month to record my data and I ended up with a total capital gain of $5,518.36 for the one month period for my investments. I have to thank you Mr. Acker, this project was not difficult, but it did confuse me.
Receiving this assignment scared me in a way, because I didn’t know what I was getting into. The finance world is scary and tricky, one minute the market is doing good and other days it would be low. While calculating my capital gains or losses I thought I would lose a larger amount of money due to the amount subtracted.
When I added my gains it came out to a lower number. No one said the stock market would be easy, but I’m glad I got to experience the stock market without buying stock. Imagine actually losing or gaining money, I wonder how I would feel. I had a great experience and I would do it again if I had a chance to. 1. The first company I chose to invest $40,000 into was the Ralph Lauren Corp.
Ralph Lauren’s Corporation is exchanged by NYSE. Ralph Lauren Corporation was founded in 1967 and is based in New York, New York. It is in the fashion industry and it offers products, consisting of men’s, women’s, and children’s clothing; also accessories, footwear, eyewear, watches, jewelry, hats, belts, and leather goods, also known as handbags and luggage. The beginning stock prices were $153.76 per shares purchased and closed at $147.01, I lost $1,748 out of the $40,000 invested which left me with $38,252.
The stock went up due to hurricane sandy. 2. My second company I chose to invest $10,000 into was Visa Inc. Visa’s corporation is exchanged by NYSE. Visa involves in the operation of retail electronic payments network worldwide. It facilitates commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities.
The company owns and operates VisaNet that provides fraud protection for consumers and assured payment for merchants. It also offers a range of payments platforms that enable credit, debit, prepaid, and cash access programs, as well as digital, mobile, and eCommerce payments for individuals, businesses and government entities. Visa Inc. is headquartered in San Francisco, California.
The beginning stock price was $148.47 per shares purchased and closed at $148.65 with a gain of $11.57. 3. My third company I chose to invest $40,000 into was Mastercard Inc. Mastercard’s incorporation is exchanged by NYSE. MasterCard Incorporated, a payments and technology company, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally.
Its payment solutions include payment programs, product development, payment processing technology, payment security, consulting, and information services and marketing. The company provides transaction processing services comprising transaction switching, which include authorization, clearing, and settlement; connectivity services, such as network access, equipment, and the transmission of authorization and settlement messages; and other payment-related services, including products used to prevent or detect fraudulent transactions, cardholder services, professional consulting and research services, compliance and penalty, account and transaction enhancement services, holograms, and publication services.
It also manages and licenses payment card brands, including MasterCard, Maestro, and Cirrus. The company offers its payment solutions to develop and implement credit, debit, prepaid, and related payment programs and solutions for financial institutions, merchants, government entities, and telecommunications companies. MasterCard Incorporated was founded in 1966 and is headquartered in Purchase, New York.
The beginning stock price was $408.88 per shares purchased and closed at $483.08 with a gain of $7,254.88. 4. My fourth company I chose to invest $10,000 into was Chevron Corp. Chevron is exchanged by NYSE. Chevron Corp engages in petroleum, chemicals, mining, power generation, and energy operations worldwide. It operates in two pieces, Upstream and Downstream. The Upstream portion is involved in the exploration, development, and production of crude oil and natural gas; liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and processing, transportation, storage, and marketing of natural gas, as well as holds an interest in a gas-to-liquids project.
The Downstream portion engages in refining oil into petroleum products; marketing crude oil and refined products primarily under the Chevron, Texaco, and Caltex names; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, plastics for industrial uses, and additives for fuel and lubricant.
The company is also involved in coal and molybdenum mining operations; cash management and debt financing activities; insurance operations; real estate activities; and energy services, and alternative fuels and technology businesses, as well as manages interests in 13 power assets with a total operating capacity of approximately 3,100 megawatts. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. The beginning stock price was $106.45 per shares purchased and closed at $106.45 with a loss of $0.09.