Maths Conclusion Essay

Submitted By kelseykppage
Words: 603
Pages: 3

CONCLUSION|

As you can see from the previous data and calculations presented, a successful share portfolio has been created. Some alterations and changes had been made to this portfolio during the 20 days time period, in order to assure that the best possible outcome would be achieved. After tax had been deducted from my end amount, a profit of $9297.90 was made for the shareholder. This portfolio on average increased by 14.3% allowing this final profit to be accumulated.
My portfolio included investments within three different companies each in different industries. Santos, an oil and gas company, Telstra, a major company in telecommunications, as well as JB HI-FI a small music retailer. With the three companies being so different from one another it allowed my portfolio to be diversified. Therefore if due to world events one industry falls, the rest of my portfolio will not fall with it, therefore having a strong portfolio.
The carful decisions in deciding on where the investments were to go, allowed for a reasonable profit to be created. There were some last minute decisions made, some purely on instinct, that had to be incorporated as not everything had gone to plan. Santos unfortunately had a drop of 16c by the eighteenth day of the 20 day period, but fortunately I chose to sell on the seventeenth day and therefore I was not affected by the decrease in share price. At the day in which I sold my share in Santos, I was able to accumulate a 13.4% increase.
Telstra was definitely my most consistent investment, even though the first four days in which I held the shares prices dropped from the purchased price of $4.82 to a slightly lesser amount of $4.76. From the fifth day onwards the share price continued to gradually increase at a steady and dependable rate. By the thirteenth day of holding these shares the increase in price started to get smaller and smaller, and I decided to sell at a price of $5.09 just in case of a price decrease. Luckily I sold at the right time as prices then fluctuated around $5.05, and finally ending the 20 day period with a price of $5.01. With selling my shares in Telstra on day 13, I was