Stock market game for kids
A stock market game for kids is a terrific idea, and there are a number of these games available that can help you teach your child about the stock market at an early age. It is never to early to start learning about financial responsibility, and a stock market game for kids can help your children learn important financial and investment lessons before they get older. One of these games is the Wally OneShare Stock Tracker game, but there are also many others out there. These games will teach your child all about the stock market and how to trade successfully on it. Many high school business and financial classes are also using these games with students. The experience allows kids to track stocks and make paper trades without facing the risk of any losses in the real world. Even adults who start trading would be wise to use a paper account, until their market experience and knowledge is developed more.
Most stock market games for kids use identical concepts, but there may be a few small differences. Basically your child will learn about the stock market and then get experience without losing any actual money. Your child will choose stocks that they think are good choices, and then track these stocks on the market over time and keep a record of the trading results. These games allow kids to learn valuable lessons without any financial losses, and mistakes in trading are apparent on paper. One of the biggest advantages of these games is the flexibility offered. Your child can choose any stocks they want, and they will make common trading mistakes that teach them how to be successful when trading stocks. Many of these games are connected to the Internet, and they offer real time price and stock quote information. A stock market game for kids can be created using a pen, paper, and Internet access as well, by having your child decide on stocks and then track the results.
Another stock market for kids is the ThinkQuest Stock Game, which allows your child to create a portfolio of holdings that they can trade on paper for a record of their trades and results. Not only will these games teach you about trading stocks, they will also learn to research and evaluate investment possibilities, and this will make them more financially responsible as an adult. Teaching your child about financial and investment management does not have to be difficult, because you can give them a stock market game for kids that will teach them, while allowing them to have fun playing. These games are designed to be beginner level usually, so no stock or market trading experience is needed to play, and imagine the confidence and self esteem boost your child will get after they have made successful trades in the game. A stock market game for kids can help you put your child on the path to financial responsibility, and help make them a better and more experienced investor at the same time.
The information supplied in this article is not to be considered as medical advice and is for educational purposes only.
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Investment Basics5 May 2010 |
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