A lot of people think that investments are akin to casinos due to the unpredictable nature of the future, but there are plenty of lower-risk alternatives like bonds and index funds. These anecdotes were confirmed when a study of the SMG program by American Institutes for Research confirmed quantitatively that the Stock Market Game engages students and improves academic performance, financial knowledge, and saving and investing habits.
Teachers can create their own class stock market games contest , and there are tons of teacher resources to help you get started. Although there are some pros playing, this game is especially manageable for beginners due to the limited stock options for each week. The Stock Market Game effectively contextualizes the academic content standards, practices, and career skills expressed in the CCSS, STEM, and by the Partnership for 21st Century Skills. Virtual Trader is the largest investment game” in the UK and uses data from the London Stock Exchange to drive its simulation. Except for the parts where you get to send your kids to college and retire with a decent nest egg. The companies are selected by the game owner for companies that are projecting their earnings during each week. Students who participate in the Stock Market Game (SMG) have higher scores in math and personal finance exams than those who do not participate.
MarketWatch is a financial website that’s intimately connected to several different stock exchanges, which doesn’t come as much of a surprise once you realize that MarketWatch is actually published by Dow Jones & Co. This is where to go for stock market updates.
It turns out that even the professionals have a tough time playing their own stock market game. SimCEO: An online simulation game where students can create their own companies. With a paper trading account, an investor can set up a bull credit spread and a bull debit spread simultaneously and watch how the payoff for each position changes as the market moves. This game is geared towards tertiary students to assist them in having a better appreciation of the Stock Market and to understand the basic process of buying and selling shares on the stock market. Determine your trading session from the session dates above and then visit The Stock Market Game website and click on the REGISTER tab.
The Teacher Support Center is a searchable library of curriculum resources, lesson plans, assessments, and standards correlations that help you introduce your students to personal finance fundamentals, including saving and investing, and provide real-world practice in core academic subjects such as math, English, and social studies (economics).