The THIRD week::

I decided to buy 100 shares of Verizon. The reason why is because they are about to come out with a new iPhone. The cost was 35.76 and the 52-week range is $31.60-$38.95. Considering the range, I figured it would be best to buy now while it is in-between the two cost. Because I am investing in Verizon for their new iPhone, I also thought it would be good to invest in Pandora. I bought 500 shares for Pandora with each share costing $12.03. I figured since Pandora is down right now, it is a good time to invest. With people purchasing iPads, iPhones, and other products that involve Pandora, I believe the company will rise. Also, Apple/Verizon are coming out with two new products within the next few months. With that, people will invest and the company will rise. When it gets good, I will sell it. The 52-week range for Pandora is $9.33-$26.00.This is another reason why Pandora was a good purchase.

I sold two of my companies today. The two companies were Amazon and Tiffany. The reason why is obviously because I wasn’t making any money off of them and I couldn’t see any reason for the company to get better. They already came out with a new product recently and it didn’t help the company all that much. I’m going to keep my eye on Amazon to see if it will be worth buying again, but for now, I can’t keep losing money.  I had 270 shares for Tiffany’s company and it was a good purchase because the company was losing money. I sold it because the company is worth more now that they are doing better. I will make money off of it because more people will invest.