Instructions - Page 1 of 4
Rounds
The experiment consists of
20 rounds
.
Your Task
You are an
investor
in the stock market and your task in each round is to choose how to invest your money. You start round 1 with an
opening balance
of
£1,000
. Your balance at the end of round 1 depends on the
investment choices
you make in that round and on the
performance
of those investments, which involves an element of good or bad luck. The closing balance from round 1 is
carried over
to start round 2, and so on.
Investment Choices
There are
3 funds
called
Green
,
Red
and
Blue
.
You begin each round by choosing how much you wish to invest in each fund; you enter your 3 choices as
percentages
. You may
split
your investment between more than one fund, that is, you do
not
have to invest 100% of your balance in one fund. For example, you might invest
60%
in Green,
30%
in Red and
10%
in Blue.
After you have made your investment choices, you are told how each fund has performed.