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| Nicole S. |
 Posted: Fri Apr 27, 2007 6:11 am Post subject: Hello... |
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New Poster
Joined: 24 Apr 2007
Posts: 5
This Month: 0
7579.61 e$
Net worth: 8,087.91
Portfolio Value: 508.30
Monthly Return: -0.33%
Trades this month: 0
Churn Rate: 0.00%Items
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| ok...so....Im in the negative on return what do I do about that?????? |
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| JRW-910 |
| Posted: Fri Apr 27, 2007 6:22 am Post subject: Re: Hello... |
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Administrator
Joined: 01 Feb 2007
Posts: 182
This Month: 0
Location: New Jersey, USA
33306.85 e$
Net worth: 33,373.44
Portfolio Value: 16.59
Monthly Return: 6.89%
Trades this month: 0
Churn Rate: 0.00%Items
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| Nicole S. wrote: | | ok...so....Im in the negative on return what do I do about that?????? |
You may want to start by telling us what stocks you are holding and maybe why you decided to go with them.
Thanks,
-JRW |
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| Dave Rathbun |
| Posted: Fri Apr 27, 2007 6:32 am Post subject: |
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CFO
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One thing to understand is that - like in real life - the minute you buy something you're in the red.  That's why there are commission expenses on investments that you make in the simulator. If you purchase 100 shares of stock at $10 a share, that's a $1,000 investment that costs you $1,010 after commissions. So right away you have a negative return. There is a commission on the sell side of the transaction also. |
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| MEDIC1FF |
| Posted: Fri Apr 27, 2007 9:30 am Post subject: |
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Investing Sr. Associate
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| It would also help to know how long you have had the stocks and how many of each you have. |
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| Dave Rathbun |
| Posted: Fri Apr 27, 2007 11:18 am Post subject: |
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CFO
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Given that they only joined 3 days ago, I'm guessing they're all short-term holdings at the moment.  |
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| frusnak |
| Posted: Fri Apr 27, 2007 5:49 pm Post subject: Re: Hello... |
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CFO
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| Nicole S. wrote: | | ok...so....Im in the negative on return what do I do about that?????? |
Hey, first off...welcome to einvesting! 
The best things about this site is the information you can receive and advise everyone here will offer when you ask for it.
All of us have lost a little money here and in the real world. The best thing you can do is experiment here and have patience that you will learn how to invest wisely! |
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| lostsoul01 |
| Posted: Sat Apr 28, 2007 4:45 am Post subject: |
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Investing Sr. Associate
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It says they've made four trades, and their portfolio is roughly $1000. That's 4% right there in costs... so actually their stock has gone up some if they are only ~2% in the hole!
You're doing fine! It takes time  |
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