Prior to the Unit 2 Assignment, I did not know nearly as much about my genre as I do now. After completing my research and interviewing an expert, it is clear to me that there is a discourse community in the stock market analysis / knowledge genre. Most Americans are busy with other parts of their lives, so not many people become financially literate. Even after this assignment, I still don’t know nearly as much as I could about stocks and the economy. This was definitely a good starting point though to learn more in the future. The fact that there are millions of financially illiterate citizens means that those who are experts in this genre have a high chance of doing well.
I think the most memorable thing I could have learned from this assignment is to stick with the market even through its tough times. If I complete a stock portfolio and it starts to dwindle for a while, I need to stay patient and let the economy bounce back like it always does.
This graphic shows the yearly up and downs of the American economy. It is obvious that there was a major crash in 2008. Donald Dutkowsky explained to me that so many people backed out of the market during this time and lost a lot of money. The people who stuck through the tough times were eventually rewarded, as the economy bounced back after a rough 2008. I acquired a lot of valuable information through this assignment that will not only help me now, but also in making decisions when I am older.
Classic song from Wu Tang Clan. I think the song title (Cash Rules Everything Around Me) goes well with my Unit 2 research.