Monday, December 14, 2009

Stock Simulation Investment

The company I chose to invest in was PEP, the ticker symbol for PepsiCo. I brought 20 shares of stock in the company at a value of $1,225.40. This leaves me with a fair amount of money to invest in other companies, and gives me a good starting point. The reason I chose to invest in Pepsico is because it could be considered a blue chip. It's certainly not going anywhere anytime soon, and it produces a lot of products that are fairly successful. This company makes several products. Pepsi, Gatorade, Quaker oats, Doritos, Frito Lay, Lay's, Sierra Mist, and more. They have a mission statement, stating that they want to be the world's premier convenient food and beverage company. They are also working to help the environment and society as a whole. They have several popular brand names food and beverages from their company. The company is also working to conserve water. I think, judging from all their products, even in the poor economy, they were a good choice to invest in. I think I will make a good gain from the stock. I don't believe the stock has split yet. If so, I would have a lot of stocks in there. I don't believe they're coming out with a new ad campaign or product at this time.

Tuesday, December 8, 2009

Labor Market: Supply and Demand

The labor market has it's own version of supply and demand as well. This is the demand for more works at that position, and what the company can supply. Now, the supply and demand for the field I would like to get into. I would like to be a commentator for sports games. Preferably football, or baseball. However, I'd probably need to get something for communications from college, and I'm not sure demand would be that high for new commentators. If I were to get a job in that particular field, I would guess it would pay well, and be a nice boost to income.

Thursday, December 3, 2009

Zhu Zhu Pet Hamster

The newest toy craze is the Zhu Zhu Pet Hamster. The demand for them is high, because it is the Christmas season, and kids want them. So, parents are trying to find where they can purchase one of these little hamsters. The demand curve could change for the better, because Christmas is only getting closer, and because it's the "Must-Have" toy of the season, demand can only rise till Christmas. It's also being advertised on kids channels, such as Nickelodeon, Cartoon Network, and Disney XD, meaning the toy is getting noticed, and is building popularity. There aren't really any substitute goods that are cheaper than this hamster. Other electronic pets are much more expensive than this, so it's considered a cheaper toy. There are complimentary goods as well. The accessories for the hamster, such as it's car, will probably sell well too. As well as any other accessories for the hamster. So, I think the season, the number of buyers, and the fact that it's fairly cheap for what it is, is all making the Zhu Zhu Pet Hamster the newest toy craze.