Teaching Kids About the Stock Market Through Games

  • Thread starter moonman239
  • Start date
  • Tags
    Game Kids
In summary, playing a game with cards that say STOCK and using dice to determine investments is a good way to help children understand the stock market. This can also reflect how some financial advisers rely on luck rather than skill in making investment decisions.
  • #1
moonman239
282
0
Here's a good way to help children understand the stock market: play a game. Write out cards that say STOCK. Make enough cards for each player. Pass out fake money to each player. Get dice out and decide which face values correspond to how much money will be spent on a stock. Make sure the players have enough money to afford the maximum amount. Then:

Player 1 goes first. He or she picks another player. Then Player 1 rolls the dice and he or she pays what the dice say to pay.

Player 2 goes next. He or she does the same thing.

The person who ends up with the most money is the winner.
 
Physics news on Phys.org
  • #2
moonman239 said:
Here's a good way to help children understand the stock market: play a game. Write out cards that say STOCK. Make enough cards for each player. Pass out fake money to each player. Get dice out and decide which face values correspond to how much money will be spent on a stock. Make sure the players have enough money to afford the maximum amount.

So stock prices are determined by a roll of the dice? Wow! Come to think of it, it seems that's what a lot of financial advisers think (but they don't tell you). They don't do any better than darts on average, why not dice?

See observation 3, monkey throwing darts.
http://www.ifa.com/Library/whatsnewarchieve.asp
 
Last edited by a moderator:
  • #3
Why would you want children to learn anything about a stockmarket?
 

What is a stock market game for kids?

A stock market game for kids is an educational simulation that allows children to learn about investing and trading in the stock market. It typically involves virtual money and real-time market data to help kids understand how the stock market works and the potential risks and rewards of investing.

How does a stock market game for kids work?

A stock market game for kids usually involves a virtual portfolio of stocks, where children can buy and sell stocks using virtual money. The game uses real-time market data to simulate the ups and downs of the stock market, allowing kids to track their portfolio and make informed investment decisions.

What age range is appropriate for a stock market game for kids?

A stock market game for kids is typically designed for children between the ages of 8 and 18. However, the age range may vary depending on the specific game and its level of complexity. Some games may be more suitable for younger children, while others may be better suited for teenagers.

What are the benefits of playing a stock market game for kids?

Playing a stock market game for kids can have several benefits, including teaching children about the basics of investing and financial literacy, developing critical thinking and decision-making skills, and promoting teamwork and collaboration. It can also help children develop a long-term perspective on saving and investing.

Is a stock market game for kids a reliable way to learn about the stock market?

A stock market game for kids can be a useful tool for introducing children to the stock market and teaching them the basics. However, it should not be relied upon as the sole source of information about the stock market. It is important for kids to continue learning and seeking guidance from trusted adults when it comes to investing.

Similar threads

  • Set Theory, Logic, Probability, Statistics
Replies
4
Views
415
  • Set Theory, Logic, Probability, Statistics
Replies
8
Views
942
  • Set Theory, Logic, Probability, Statistics
Replies
3
Views
969
  • Set Theory, Logic, Probability, Statistics
2
Replies
41
Views
3K
Replies
9
Views
2K
  • Set Theory, Logic, Probability, Statistics
Replies
2
Views
7K
  • Set Theory, Logic, Probability, Statistics
Replies
29
Views
3K
Replies
9
Views
984
  • Set Theory, Logic, Probability, Statistics
Replies
8
Views
1K
  • Set Theory, Logic, Probability, Statistics
Replies
1
Views
1K
Back
Top