In case you haven’t been paying attention to all things both fun and educational, the Stock Market Game—an stock investing simulation competition held in schools around the nation—ends today. Not to worry; there’s always next year. So soak up those tears with your shirtsleeve, and get interested: Stock Market Game FAQ.
Endorsed by the NYSE, the game gives students a chance to invest a hypothetical (and cold hard) $100,000 in a live-trading simulation. Do your research, and invest in common stocks and mutual funds found on any of the big ticker boards: NYSE and NASDAQ.
And the game’s offerings are nothing to be sneezed at. Not only does it remove the risk of losing your frugally-amassed fortune by using “Monopoly money,” it also teaches you a little something. Learn the fundamentals of the stock market, the benefits of personal investment, and apply those prickly economic concepts you thought were just hot air from the Econ teacher’s mouth. Also learn what it’s like to be burned by Lehman Brothers in the thirteenth hour. That’s a lesson you won’t want to forget.
The greatest benefit of participating in the nationally recognized Stock Market Game is that it’s some real meat and potatoes to add to your college application. Admission committees take notice of these extracurriculars, and the SMG is something they’re all familiar with.
Used by over 10 million students since 1977 (and some 700,000 annually), the Stock Market Game has over 30-years of educational experience built into it, with great support for the teachers who use it in class. If your school doesn’t offer it (or you cave in to your solitary primal instincts), then there are a slew of other sites that offer similar competitions for individuals, some that even offer prizes. That’s right: cash money.
Here are some of the most popular:
PS. HS Juniors, don’t forget about the ACT test this Saturday!
Tags: college, high school, high school club, smg, stock market, stock market game, university