Friday, August 23, 2019
International Investments SLP Essay Example | Topics and Well Written Essays - 500 words
International Investments SLP - Essay Example So after deliberating at the list of funds in Yahoo! Finance, I decided to spend approximately $95,000 for seven select funds which I deem will give me financial glory. The table below shows the name of the fund, its ticker, the number of shares I decided to buy, the recent share price and the total investment money needed. Table 1 lists my selected funds namely, VUG, QQEW, SPYG, RPX, EMT, VFINX, and SCHW which selected according to James Gardnerââ¬â¢s core principle in investing ââ¬â best growth stocks. In any type of investment, it is absolutely important to determine what kind of investor you are and of course what sort of investor do you aim to be. For this instance I can say that I am the type of investor who does not wish to trade each and every single day like a full time job. So long term growth is the best type of investment style that suits me. The ETFs VUG, QQEW, SPYG, and RPX are in the large growth category and I have allotted a considerable number of shares in them. VUG and SPYG have only 250 shares each because they have relatively higher share prices compared to the others. RPX and EMT have 400 shares each because theyââ¬â¢re basically cheaper. I have allotted a solid 1000 shares in QQEW because of my big confidence in the NASDAQ-100 and in the even greater potential of the in ternational technology industry. The fifth on the list is EMT, which is a compendium of the ââ¬Å"largest publicly-traded mining companies involved in industrial and precious metals exploration, extraction and production within the emerging world.â⬠EMT plays a significant role in the mining industry, so I placed 400 shares to it. The two last items in my list are VFINX and SCHW. VFINX does not fail to be included at the top performing index fund; however it has an expensive share price so I just allocated 100 shares for it. SCHW is also one of the frequent top performers and it is relatively cheap so 350 shares were
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