The Nakiska Ski Resort is a ski resort less than an hour’s drive from Calgary. It was built for the 1988 winter olympics and boasts beautiful views of the surrounding nature. The ski resort offers lessons for all ages and ski and snowboard rentals near the lodge. Continue reading “The Nakiska Ski Resort”
How has the stock market done in the past five days? Let’s use our knowledge on indices to help us calculate how it did.
In the past five days the s&p 500 went up about $23.00, meaning that if you were to buy one of the stocks on the s&p 500 you would have made, on average, $23.00. Don’t get too excited yet, between February 22nd and February 24th the s&p 500 dropped about $30 before rising to the amount it is today.
The nasdaq went up more than $25 and the Dow Jones went up about $50. Using this information we could easily estimate that the average stock did go up in the past week, that’s great news for all investors.
That’s all for now, Ben
Shares outstanding is a term used to express how many shares a company has for sale. This information can be use to calculate what percentage of the company you own and market cap (which will be explained in a later post). If a company has 100 000 shares outstanding they literally have 100 000 shares on the market for sale. Shares outstanding is very simple information but it is an extremely important deciding factor when choosing wether or not to buy stocks from a company.
That’s all for now, Ben
Company Name: The Coca-Cola Company
Ticker Symbol: KO
Founder (Person who starts the company): Asa Griggs Candler
CEO (Person who runs the company): Muhtar Kent
Coca-Cola was founded in 1886 by Asa Griggs Candler. He bought the formula for $550 from John Pemberton. Coca-Cola is one of the companies on the S&P 500 and is traded on the New York Stock Exchange. The company makes over $44 billion a year, which is great for anyone who is considering investing in Coca-Cola. Muhtar Kent was first employed at the company over 30 years ago, but spent six years from 1999 to 2005 as the CEO of a different beverage company. Kent has a Bachelor of Science degree in Economics from the University of Hull in England and a Master of Science degree in Administrative Sciences from Cass Business School, City University London. The 129 000 people employed with Coca-Cola prove that the company is huge. Although Coca-Cola is successful today, it has had some struggles in the past. What the company thought was going to be a great product, New Coke, turned out to be a failure. The Coca-Cola Breakmate didn’t sell as well as originally planned either and the company stopped selling it more than 7 years ago.
All of the information above would be a great start to understanding if you want to invest in Coca-Cola, although having more financial information on the company would be important if you were truly considering investing in Coca-Cola. This is an important example of the some of the things you should know before investing in any company.
That’s all for now, Ben
Private and Public are two major terms used in the stock market. A public company is one that sells stocks. You can buy stocks from any public company. Some public companies include Apple and Pepsi. Private companies do not sell stocks, companies do have the choice wether to sell stocks or not. You cannot buy stocks from a private company. Subway is a private company, therefore it doesn’t sell stocks.
Thats all for now, Ben
A stock split is when a company decides to “split” it’s stocks. The value of all stocks is split in half to allow people to invest in the company with less money. Don’t worry though, if you held stock in a company that announced a stock split the amount of stocks you own would double. A stock split is always great if you don’t have much money to invest with.
That’s all for now, Ben
Blue chip stocks are stocks in strong, industry leading businesses. These companies are fairly stable and always growing. The name is thought to be derived from gambling, where the blue chips are the highest value of chips used in a casino. The stocks for blue chip companies can be expensive, but they almost always go up in price overtime. Some blue chip companies include Apple, Google, Coca-Cola, and Starbucks.
That’s all for now, Ben
The new Apple MacBook
That’s all for now, Ben
Buy now by clicking the picture to the right. –>
Mr. Moose 