Table of Contents
Is stock market a game of luck?
Stocks are not just luck. While there is an element of luck involved in any type of future speculation, the proper research, foresight, diversification, and patience can make stocks a winning proposition for everybody, most of the time. The “most of the time” cannot be emphasized heavily enough.
Are stocks the only way to get rich?
Investing in the stock market is one of the smartest and most effective ways to build wealth over a lifetime. With the right strategy, it’s possible to become a stock market millionaire or even a multimillionaire — and you don’t need to be rich to get started. But investing is less risky than you may think.
Is stock Picking a skill?
“A major industry appears to be built largely on an illusion of skill […] The evidence from more than fifty years of research is conclusive: for a large majority of fund managers, the selection of stocks is more like rolling dice than like playing poker.”
What are the benefits of playing the stock market game?
The Stock Market Game will also help you do better in school. When you participate in The Stock Market Game, you are in a real-world situation where you practice the content and skills you’re taught in math, English Language Arts, economics, social studies, and other school subjects.
How do I familiarize myself with the stock market game’s trading rules?
Click the Rules link to familiarize yourself with The Stock Market Game’s trading rules. If you need additional help, contact your local Stock Market Game coordinator. If you are younger than 18 years old, ask the teacher, adult family member, or adult who registered to share with you the SMG team username and password they received via email.
How can I use the stock market game in school?
The best way to get your teacher excited about using The Stock Market Game in school is to show him or her your Stock Market Game portfolio. Walk them through some of the decisions you made as you managed your portfolio. Encourage your teacher to attend a local training workshop or webinar.
How do I contact my local stock market game coordinator?
Contact your local Stock Market Game coordinator if you have any questions about this. You can find your local Stock Market Game coordinator by Clicking Here, selecting “View Programs in My Area,” and entering your zip code. If you are not 18 years or older, ask an adult to contact your local Stock Market Game coordinator.