Assignment Five

After looking at intrade.com I have found 10 predictions that I want to invest in. Here is a list of the topics, if I think it is high or low, the price of each contract, and the total amount that I wanted to invest in that contact.

1) US unemployment rate in Dec 2009 to be greater then 10%, Lower, $6.90 per contract, I will invest a total amount of $138.00 which is 20 contracts.

2)Average global temperature for 2009 to be among five warmest years on record. Higher, $5.50 per contract, I will invest a total amount of $110.00 which is 20 contracts

3)Pearson to be charged with manslaugther, homicide or other unlawful killing of Michael Jackson. I feel the same, $7.50 per contract, I will invest a total amount of $150.00 which is 20 contracts

4) A federal government run health insurance plan to be approved before midnight Dec. 31, 2009. I agree with the percentage, $2.90 per contract, I will invest in a total number of $42.00 which is 20 contracts.

5) Verizon to announce it will begin selling the Apple IPhone before midnight Dec. 31,2009. Lower, $1.50per contract, I will invest in a total number of $30.00 which is 20 contracts

6) Google market share to be 75% or more by Dec 2009. Lower, $7.00per contract, I will invest in a total number of $140.00which is 20 contracts

7) Congress to pass a new economic stimulus plan before midnight Mar 21, 2010. lower , $1.50per contract, I will invest in a total number of $30.00 which is 20 contracts

8) A 30 year fixed mortgage rate to be 5.75% or higher on Dec. 31, 2009. Lower , $2.50per contract, I will invest in a total number of $50.00 which is 20 contracts

9) Venue in North America to host the 2016 summer Olympics. Lower , $5.20 per contract, I will invest in a total number of $104.00 which is 20 contracts

10) An assault weapon ban to be reinstated before midnight on Dec 31, 2009. Lower, $1.50per contract, I will invest in a total number of $30.00 which is 20 contracts

I have invested in a total of 200 contracts which gives me a total amount of $824.00 spent. I now have $176.00 left over.

Tara