Stock Markets Exposed

How do I figure out how many shares of a stock can I buy for any given amount, w/o actually buying them?

I am a college student, and was given an assignment where I have $100,000 fake dollars and I have to invest in 10 stocks. I have to buy as many shares of each without exceeding the limit. I need an answer that is simple, something along the lines of "Stocks for Dummies". I have been on NASDAQ, NYSE, and YAHOO! FINANCE, and I am just illiterate when it comes to stocks. Thanks

Public Comments

1. Okay... Well when you see that google is worth say $400 (just a rounded number) then you take how much you have and divide it by that without the remainder. We'll make it simple... Say you have $100 you want to invest in company A which is worth $25/share. You can buy 4 shares. But if it's worth $30/share you can only buy 3 but you'll have money left over. Just like buyin' anything else in the world. :)
2. Just go to Yahoo!Finance and get price quotes for the stocks you are interested in (enter stock symbol in the field "Get quotes" and press "Go"; if you don't know the symbol, press "Symbol lookup"). Then divide the amount of money you want to invest by the price of the stock, and you will get a number of shares you can afford at the moment.
3. what is the trade fee for each transaction? if it is a set fee then just subtract it from the beginning amt ten times and that is your total stock money. then take the stock prices per share for all ten, add the ten shares together, and divide the stock purchase amy by that, that'll tell you how many of each share to buy. If it is a percentage, then it's a little harder. message me if you need more help.
4. First choose the companies. Then go to http://finance.yahoo.com/lookup and enter their names. Yahoo will show you the ticker symbol. Click on it and Yahoo will tell you the latest price per share. if you want to split your $100,000 evenly, just divide $10,000 by the share price and that's how many shares you can buy. If there is a commission on purchasing shares, subtract that from your $10,000 first.
5. Hello- I think i have the solution to your question. First take your 100,000 and divide it by the 10 stocks your allowed to purchase. Answer = 10,000 per stock/company you can invest in. Example: Lets say that Nike is $40.00 per share and you want to purchase $10,000 worth of it. Figuring the number of shares your able to purchase: $10,000 divided by $40.00 per share equals about 250 shares of Nike. To this for all 10 companies and that should be about $100,000 worth of stock. Pick me for best answer. Thanks
6. The answer is by using simple mathematics. First you need to decide how much of each stock you are going to buy - since not all stocks are priced equally some would be $20, other $400 and some 0.05 cents. $100,000 over ten stocks... Decide what ratio you will hold of each stock. E.g. 6:3:4:1:9:4:3:7:9:2 So totalling the ratio is 48. Now you can use a combination of the ratios and fractions to find out how much stock you can hold with your $100,000. I may have left you out on a limb there - but this calculation is uneccessary. Why don't you just buy your stock one by one until you run out of money? :P OK Lets try the example with 2 stocks and $100K you want the weighting to be 3:4 so you want 3/7ths of your money to go to 1 stock 4/7ths of your money to go to 1 stock 3/7*100K=$42857.14 4/7*100K=$57142.85 Now say stock ZXC was $5 each and stock ABC was $67 Now you go: $57142.85/$67=852.88 Stocks $42857.14/$5=8571.43 Stocks There you go. Now do the similar calculation with your ten stocks! Haha! Good Luck!