During this semester's Investopedia Project Sofia Chávez finished fifth in the class. In the interview below she is going to talk a little bit about her experience and her regrets.
How did you do?
In my investopedia investment I did well. I finished in fifth place in my class with 2,000 dollars more than my initial account value. I had a 10.06% annual return which means that I was beating the market. I was better however, my stocks’ value fell and I lost all the money that I had won. In general I did pretty well for being my first time investing in the market.
What was your strategy?
I tried to invest in cheap and diverse stocks. When I wanted to buy a stock I looked at its maximum value over time and if it was low I would buy it. Probably if the stock is low it may have potential to grow. I also tried to buy different stocks varying from food, fashion, technology, and pharmaceutical industries in order to have a diverse portfolio.
What would you do differently if you could start over?
If I could start over I wouldn’t have invested in Portola Pharmaceuticals and Gap, which were the stocks that made me lose more money. I would also have studied the stocks more carefully and make the investment with more reasoning.
"Investing in Investopedia was a great experience. It was fun, entretaining, and exciting. It gave us the chance to learn and participate without losing money."
INVESTOPEDIA REFLECTION