Invest Using Real Money on Real-life Stock Market, and Showing My Progress Through Vlogging

Money is really important in our society, with money you can buy anything. Growing up my family didn't have any problem with money, we didn't have debts, and we lived comfortably, I got to go to school, and we could eat. By the age of 7, I realized how money can play a big role in our lives. Until now I see a lot of people buying cars and buying big houses with chefs, the secret they told us is investing. My dad works hard every day and he puts 10 percent of his money towards investing. He told me that this 10 percent is for me and my brothers to go to college.

From there I knew that investing had real potential, I realized that most wealthy people invest most of their money towards investment. Most people invest in stocks, and most people invest in land or gold. Still, not a lot of people do this, because most of them don't know how to invest or they don't want to lose their money by investing in a company. Most wealthy people invest long term and that's what I'm gonna try to do, or I might trade

By the age of 14, my big family has been talking about stocks, I have been getting ads too, these ads keep telling me how to become rich before my 30's. I was never interested until my parents told me what investing is. So my goal is to research and develop the skills needed in stock trading. Then use these skills to invest using real money in real-life stock markets and create a video blog along the way showing my progress. I'm gonna do this by interviewing people that invest and have a mentor/teacher to guide me on how to invest.

This project is gonna be tricky for me since I'm new to investing and I don't know the real world of stock markets yet. From now on, what I need to do is research tips and tricks to help me invest. I'm gonna be investing some of my own money in a couple of companies. I'm going to be using some of my money because from now on I will try to be independent and manage my own money.

I'm also gonna be making a video blog showing my progress on investing, basically the progress of me learning on how to invest until I start investing. This part is also gonna be very important since it's my final product. This video blog will also help people learn how to invest.

Global Context

The global context that I chose is Globalization and Sustainability. I chose this because investing in local stocks would help my local community. By investing in other companies I get to help our environment and the people around us. For example, if I invest in WWF I get to help them save the environment and save animals, or if I invest in PLN I will help them make better technologies, and it would help our local community, and another example is, if I invest in Tesla, they will make better cars, safer cars, and in the long term, they can import their cars to countries that need them. By investing in good companies or companies that have good potential for making the world a better place, we can all help our environment and our community.

Product

I made a series of vlogs showing my progress and teaching my audience how to invest as my final product. My investing journey surpassed my expectations, but my vlogs didn't meet my expectations. The way I edited my vlogs showed my audience that I'm a beginner editor. I didn't research how to edit a video and it shows. The videos are just me talking and some pictures, this type of video will not get me, viewers, since there’s nothing to look at besides me talking.

The content meets my expectations since it's very informative and I showed my audience a lot of progress throughout my investing week. I showed them how my shares of the company are doing and what shares I bought and sold. For the first video, I told them everything I knew about types of investing. The second video, my video was about an interview I had with a friend of mine that is a part-time investor. For my third video, I showed them my progress of investing throughout the week, I showed them what I bought, sold, and how my stocks are doing. For my fourth video, I showed them where investing took me and also what I have learned throughout the week.

Watch my first vlog below: Road to Millionaire!

Reflection

This project has occupied a lot of my time and effort for these past few months. It began by learning on my own, then finally investing my money into these companies Not only did I finally get a chance to invest, but I also got the opportunity to learn more about it, from my friends and family. This skill is gonna be very useful to me in the future since money plays a big part in all of our lives. This project also lets me explore my global context which is Globalization and Sustainability.

I could’ve learned more about investing, this is caused by procrastination and laziness. I could have learned more about how I can analyze the graph and also when to buy. I had a lot of time to do this but I chose to procrastinate. In the middle of researching, I wanted to give up because no answer answered my questions until I researched deeper. But this journey did satisfy me, since I will be investing part-time starting from now, and I couldn't have done it better without a Personal Project.

I explored a lot of things about my global context. Throughout investing, I helped some companies that can do something good for the community and the entire world. For example, I invested in Harum Energy. I invested in this company because I invested in nickel mining. Nickel will be playing a big part in our lives in the future since electric vehicles will be using nickel to power themselves, and Tesla will be buying nickel from Harum Energy.

IB Learner Reflection

This Personal Project has allowed me to improve my ATL skills and enhance my IB Learner Profiles. To succeed in doing this project, I needed to take risks, be balanced, and also communicate well with others.

Risks are necessary when it comes to investing. I needed to trust my research along with all the knowledge I gained through the internet. I also needed to be balanced by focusing on school and also learning another subject by myself. Good communication was crucial to the success of my project. With my supervisors, my dad, as well as my interviewee. I needed to do meetings with my supervisor and keep him updated. My dad entrusted me with his money, therefore I had to notify him about my progress. One of the most important aspects was the researching process which included my interview. For a smooth and conducive interview, good communication was of the utmost importance. The interviewee played a big role in my research process.

Before this project, I had little to 0 knowledge about investing, to enhance my understanding, I had to do extensive research on this topic. Through these steps, I was able to greatly improve my research skills.