Stock Market Game Reflection

12/10/13 Schools Sharemarket Game No. 2 2013

By Kevin YU
This sharemarket game I was exposed to both the highs and the lows of investing. In the first few weeks, the market boomed. It was an uphill climb for many of my shares including Decmil (DCG), Insurance Australia (IAG), Challenger (CGF) and Rea (REA). By the end of the 2 nd week I was in $2000 profit (including dividends). However, as the game progressed, the stocks levelled. It seemed they were all hinged on the US Debt crisis. Within a few days, I lost everything I had gained and more. I was so annoyed that I had not foreseen these difficulties and sold my shares. At the moment, we are still half-way through the game and as of yesterday I was in $300 profit. That was thanks to a sharp jump in share prices. I am excited and anticipate what is to come. Hopefully I will win this time!