Photo by Wili

As I posted yesterday, I started paper trading in stocks. I currently have a lot of paper money that I have invested in different stocks. I joined a great Stock Trading simulator from Investopedia which gives you $100,000 imaginary dollars to start stock trading like you would in a normal company.
So far this is what I’ve invested in.

Today in school I was bored in my English class and I decided to write about my predictions with some stocks that I know and that I’ve been reading about lately.

• Oil Trading is high, it might drop if the government releases a new tax law or implement a new law to try and lower Gasoline prices.
• The majority of teach companies are staying calm, not much will happen. I’ve been reading about Intel and a new chip design that they are coming out with. I’ve also heard rumors of them joining with Apple to create a better product.
• A good product to invest in right now are wheat product companies. Since people are now looking for cleaner sources of energy they are moving toward Ethanol, and as we know most Ethanol plants use wheat in order to create Ethanol.
• Something else to invest in is Chinese companies. The Earthquake that happened last week has affected their economy and a lot of chinese stocks have dropped, if we buy low now, we can sell for more later when their economy stabilizes.
• I don’t know why, but medicine companies are getting very good and profitable stocks. My guess is.. more sick people?
• Another material that I’ve read that might be going up is Uranium. Apparently Uranium currently costs an average of $138 dollars a pound and it was about $10 dollars years ago. So a good buy would be Uranium mining companies.
• Something not to invest in are car companies. If you look at the big car companies’ stocks they are dropping, at the moment I can’t see any green numbers on their stocks.
• And a great but expensive stock at the moment is Google. Their stocks are bound to go up, they are releasing a new beta almost weekly and I can only see their company growing.

I’m open to all suggestions, and I am always happy to learn from others so if you have an opinion, then express it by posting a comment.