Victor Profile: Jim
Jim is a student at Stuyvesant High School and finished amongst the leaders of the Virtual Investment Challenge.
1) When did you become interested in investing?
I have been interested in investments ever since I learned the stock market several years ago. At that time, I was watching a program that really demonstrated how money could equate to power.
2) Describe your personal investing philosophy.
When investing, I think it's best to pick things in your daily life that you know will do well in the market. At the same time, research and invest in some things you don't know.
3) How do you know if a stock is for you?
I know to pick a stock because 1) I know it personally OR 2) I have studied it enough to know that it will do really well in the market.
4) How do you know when to sell?
Well, that depends on the stock. If it's doing well, I'll sit with it for quite a while. If it's doing poorly, I might consider selling it if I have an overall gain from other stocks in my portfolio.
5) How do you feel this investing class has helped you?
I think it's evoked a sense of prediction and logical reasoning in me.