I liked Mr. Coyle’s investment tip #2- “You must spend money to make money.” I understood the meaning better than the other six tips. I think the tip #2 means that people have to take some risks to make more money, which is what entrepreneurs do and what we all did that day. Using the $80, we all bought some stocks and did our best to make as much money as possible till the end. Overall, everyone in our class made profits; no one had less than $80. We used our money and bought cheap stocks and then, sold it at higher rates. In this way, we managed to increase our money. The tip really helped us a lot.
Thursday, September 4, 2008
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