week 5 of stuff

We plan on continuing our project and doing it the exact same way we have been doing it. We are continuing this way because we think that our progress has been pretty good and we don't see a reason why we should change it now. Our "hook" is going to be very exciting and my entire group is very excited to do this video to show in front of the class. Our hook is going to be about how the stock market can very much help your future and it can help you to succeed in the future. We won't really need much equipment except for some way to record the video and we can probably just use our phones for that, so we don't really need any extra equipment. I think that overall our team is making good progress on our project and that we will be ready when it becomes time to share our whole project with the entire class at the end of the year.

They Say, I Say

Jacob Seedorff

Period 1

They Say, I Say

            There are many people that would argue that teens shouldn’t invest in the stock market because they will just lose all their money and ended up in a position worse than which they started in. They also say that the stock market is dangerous for anyone and that you should only invest if you are sure that the stock will go up. Many people would disagree with these statements and might even consider them to be blasphemous and crazy. The main problem with the stock market many people are afraid of is the fact that you can’t perfectly predict the stock market, it will change by itself and doesn’t change to an equation or some type of pattern perfectly.

            I disagree with all the people that think the stock market is too risky to invest in and will only result in me losing all of my money. One of the main reasons for this is that people with jobs related to investment (or sometimes unrelated) often get their kids involved in investing so that they will have an easier future and will have more money in the future.” I originally got into the stock market because of my parents who helped me open an investment account and start trading money. Neither of them works I the market, but they knew how important investing is and wanted me to get exposure at a young age,” I think this shows why it is good to start investing in stocks at a young age and why it isn’t always super dangerous. Not all stocks are dangerous to buy, the stocks that are really dangerous to buy are penny stocks, this is because they start low so you will buy more of them and then when they decrease you will lose more money and this can quickly spiral out of control, but you can invest in the more expensive stocks and these will be a lot steadier and can lead to a steady increase in income over many years. “Since Seventh grade the money has increased in value by about 10 percent each year, and each year I’ve re-invested the money in the same stocks as the principal amount.”  This quote shows how if you are smart you can gain money with little to no risk of losing your money if you are willing to play the long game and make slow increases in money.

            The point of this article is to show people that the stock market isn’t that dangerous if you play it correctly and can be used to increase your income each year. It is really important for people to start investing at a very young age so that they can become used to it and they can use it to have more money in the future. I really think that everyone should invest their some of their money into stocks so that they can see what it’s like and see what they can accomplish by investing in stocks. Ultimately everyone should at least look at the stock market and make an educated decision if it is a good idea for them to invest or if they are better off not investing in anything.