Here is another great guest post. This one introduces stock trading games to help your children learn the basics of how to invest in stocks. An interesting read. Hope you enjoy!
Cheers…Amanda…Excited Life Enthusiast! ;o)
P.S. Don’t forget to choose your favourite FREE gift here:
Three Great Fantasy Stock Trading Games for Kids
Most people do not understand the market at a young age, and as a result, do not enjoy a nice return on their investments when they get older. In reality, it is never too early for a person to learn about the benefits of investing or trading in the stock market. Fortunately, with the Internet and technology, a young person can learn about the stock market without risking any money. Here is a quick guide on the top three fantasy trading games for kids.
1) Fantasy stock exchange: when using Piggy Bank Fantasy Stock Exchange, a young person will enjoy a platform that is kid-friendly, yet still serious. It is simple for a user to get started as all they must do is sign up and start trading with fake money. Now, when logging in, one will not feel intimidated or overwhelmed by the process. Instead, a trader can get started making paper trades with the help of an online guide. Not only that, before logging in and making trades, a user will get advice and learn about market terms. Furthermore, a child will learn how to analyze companies and learn how to spot the best opportunities. Without a doubt, when looking to learn about the market without being overwhelmed or lost, a kid should check out Piggy Bank Fantasy Stock Exchange.
2) TD Bank’s Fantasy: now, this is not aimed towards young people as it has a more serious layout. However, most children will do well with this game as it is still easy to use. To get started, one would need to register and provide some basic information. After logging in for the first time, one can begin trading with $100,000 in paper money. One thing that sets TD Bank above the rest is the ability for a person to compete against their friends and measure the performance of their trades. Not only that, TD provides the WOW!Zone, where parents and children can learn about the ins and outs of the equities market. Without a doubt, when looking for a solution that offers a child the opportunity to learn and test their trades, one should look no further than TD Bank.
3) MarketWatch: this is another solution that works for adults and children. With this game, one can trade stocks in real-time using a virtual portfolio. What makes MarketWatch stand out from the rest is the community. When using this game, one can discuss strategies with fellow traders. This is an excellent way for a young trader to learn some basic ideas about investing and trading. Once a child learns enough, they can go to the next level and try advanced strategies to enjoy a better return on the trades. While MarketWatch offers a slow learning curve, a trader can learn a lot of strategies and eventually feel comfortable trading with real money in the future. Not only that, with this game, children and adults can work together with ease as it is easy for the average person to navigate the site.
With these three games, a child can learn about the stock market without risking any money. These three solutions offer a young person the chance to learn and understand the basics. Over time, when a child makes a few trades, he or she can try more advanced strategies and will be ready to make some serious money in the future.
Stephanie has many years of experience as a nanny. She has always loved children and has continuously been involved in childcare activities. Currently she is one of the writers for houstonnanny.com. If you want to get in touch with her, you can email her at stephanie. Houstonnanny @ gmail. com.