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For the second action project in my Economics class, our goal was to invest in 7 blue chip companies with given time horizons, 1 year, 3 years and 5 years and $50,000 for each of these time horizon.
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In 3 years, my investment goal is to grow my money from $50,000 to $65,000 to
pay for college related expenses such as notebooks, supplies and food. My
investment philosophy is value investing like that of Warren Buffet. I like to
invest in companies that pay high dividends, are large cap, and have a track
record of steady performance and growth. I also value companies that have a
reputable and global brand that everyone recognizes. All the companies that I
want to invest in must have good working conditions for employees and good
customer care. I discovered that I am an average risk taker in terms of
investing which is why I invested in blue chip companies which are able to make
profits in good times and bad times.
LN Investment Portfolio