Young money play stock market game

Clips for this Lesson. Whats Up with the Stock Market? Have you ever tried to read the financial pages in the newspaper or understand the bottom of the TV screen financial ticker? How to Make a Million Bucks It is possible!

If you start early and save consistently, you'll take advantage of the power of compound interest. You can make a million by working hard, spending less than you earn, and by saving, And by custom, they mean you can create your own dates, commission structures, security types, and more.

You get to set your own rules! Are you British? This stock market game is in pounds which is why I asked. Another classroom stock market game? This person has a free excel spreadsheet you can download to create your own off-line stock market game. Find lots of resources here for both teachers, and students to learn about the stock market and try their hand at making trades. You can trade real companies, and get real-time ranking updates against classmates as the game unfolds.

You might use the same methods when you choose to invest in the real market, only this time conditions have changed because uncertainty or panic has entered the market. This hits your self-esteem and your pocket suddenly with deeper emotional consequences. Stock investment games provide you with an education about the advantages and risks involved in investing.

Virtual games, such as the Wall Street Survivor, offer resources for beginner, intermediate and advanced levels see Resources. The site also provides forums to discuss investing. National SMS has lesson plans and online tutorials for teachers to instruct their students on managing fantasy stock portfolios see Resources.

However, you also need to research and read about investing, attend workshops or discuss techniques and future goals with your financial adviser to invest wisely in the real stock market. Would you spend it all at once? Would you think about putting some of it in the bank? Through The Stock Market Game SMG , you will gain a fundamental understanding of investing and how you might get your money to work for you.

The Stock Market Game will also help you do better in school. Most importantly, The Stock Market Game will help you develop positive money habits and prepare you for your future. However, in order to register, you have to be 18 years or older. If you are under 18, ask your teacher, an adult family member, or another trustworthy adult to complete the SMG online registration form.