Engineering Economics

ABSTRACT As a project for this course, Engineering Economics, I name decided to strategically invest one-hundred-thousand dollars of play money into quintette different companies and keep track of my net worth, gain and/or loss, and rate of return after each Thursday of the week, which starts from February 12, 2009 to April 30, 2009. The companies that I will strategically invest in are: jargon of America (BAC), ordinary Electric (GE), grade insignia Corporation (CVX), Google Inc. (GOOG), and orchard apple tree Inc. (AAPL). As you can see, I had chosen five divers(a) companies and invested (approximately) twenty-thousand dollars into each company. Though the economy is at a actually bad state, I have reasons to believe that my investments were smart choices. recital OF PROCESS The first company I chose to invest in was margin of America (BAC). Though the banks of this country are at a bad state, I believed that a reputable company, such as Bank of America, would gradually jump back on its feet callable to the countrys new legislation. At the price of $5.87 per a share, I purchased 3,410 shares for Bank of America. As for General Electric, similar reasons persuaded me into invest for this company. The second company I decided to invest in was General Electric (GE).

With the economy going th or so rough times and the people, as a whole, are holding on to their money, I believed that more people are staying at crustal plate more often than before. Therefore, household electronics and appliances are being utilize more often, which means a higher pay go forth for GE. At a price of $11.68 per a share, I purchased 1,719 shares for General Electric. In regards to my third investments, the price of gasoline persuaded me to invest in another company. The third company that I invested in was Chevron Corporation (CVX). With gasoline at a more reasonable, plastered price tag, I believed that more people would be involuntary to drive more often than opposed to three to four months ago when gas prices were double.... If you want to get a liberal essay, order it on our website: Orderessay

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