I need help with a Accounting question. All explanations and answers will be used to help me learn.
As of this past Monday, your investment portfolio has at least ten stock holdings – each a minimum size of $5,000.
For this week’s assignment:
1.) Sell at least two company holdings that will result in an investment gain (ie you made money on the trade and you want to book the profits so that you can buy yourself a new computer tomorrow.)
2.) Position your portfolio to be diversified by Industry (minimum of six different industries) and Market Cap (there must be some exposure other than Large Cap (ie an All Cap fund, a mid-cap stock, a small-cap fund, etc).
3.) Buy at least three mutual funds – each a minimum size of 5% of the total portfolio value.
All positions within the portfolio must be a minimum 5% size.
There must always be a minimum of 8 positions.
Submit screenshots of the following HTMW tables (4 different charts):
The Pie Chart on the right-side of the HTMW screen while viewing Open Positions — for both Industry and Market Cap.
In “My Rankings” — if you are ever listed as the first (highest portfolio value), take a screenshot and submit in that week’s assignment to receive additional points.