1870's Stock Market Reflection

1. Buy Low…Sell High

I think the very first tip that Mr Coyle gave us was the most important. At first I didn't understand what the whole game was about and used half of my money to buy the stock that would have been popular in 1870's. And then as the years passed, the price of the stocks changed as the supplies and demand changed. Sometimes, when the stock price would get really cheap because of some small problems, you would buy it eventhough you would be taking alot of risk. In another words, we became entrepreneurs, people who take risks to earn money. At the end, the stocks that seemed to be unuseful became really expensive and it was a great advantage for the people who had bought alot of stocks when they were cheap. So you should buy stocks when they are cheap and see if you could make profits.