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Camp Millionaire 1 (Dec 21-31)

Day 5, Dec 28, 2020

Parent update.  Please book now. 

Investment Challenge Competition (book now) 

We have reserved spots for all our Camp Millionaire 1 participants to take part in the Investment Challenge Competition which starts Jan 11.  It is really good practice for the kids.  The winner gets a prize of $500.  Here are the details:  https://explorerhop.com/pages/global-investment-challenge 

What we learned:

  1. Understand Risk
  2. Understand BETA and how this works 

What they need to do: 

Find a stock that pays dividend

 Portfolio rankings

1) Nolan:  $10,402

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Day 4, Dec 24, 2020

Happy Holidays! 

Parent update - your spot for the Investment Challenge is only reserved until tomorrow.  Please book now. 

Investment Challenge Competition (book now) 

We have reserved spots for all our Camp Millionaire 1 participants to take part in the Investment Challenge Competition which starts Jan 11.  It is really good practice for the kids.  The winner gets a prize of $500.  Here are the details:  https://explorerhop.com/pages/global-investment-challenge 

What we learned:

We are now going deeper into stocks and today we learned about Market Cap

  1. What is it and how does demand and price impact it
  2. What are the largest companies 
  3. How market cap is created 
  4. Mega cap, large cap, mid cap, small cap, micro cap
  5. Stock splits

What they need to do:

Come with a company that you would consider to be a high risk stock. 

Top Portfolios: 

1) Devin ($10,338)

2) Nolan ($10,072)

3) Adam ($10,053)

Zoom Links for the Program (same as before): 

Here is the information you need to connect to the program on Monday. The line will open 10 minutes before the class starts.  

PLEASE CHECK YOUR ORDER CONFIRMATION TO SEE WHICH CLASS YOUR CHILD HAS BEEN REGISTERED FOR: 

Class 1:  1:00 - 2:00 PM EST (10:00 - 11:00 AM PST - Vancouver Time) 

Zoom Link:   https://us02web.zoom.us/j/88050455166

Class 2: 3.30-4.30PM EST (12.30 - 1.30PM PST- Vancouver Time)

Zoom Link:   https://us02web.zoom.us/j/84496351855

 ____

Day 3, Dec 23, 2020

Parent update - your spot for the Investment Challenge is only reserved until tomorrow.  Please book now. 

Investment Challenge Competition (book by Thursday) 

We have reserved spots for all our Camp Millionaire 1 participants to take part in the Investment Challenge Competition which starts Jan 11.  Please book by Thursday to keep your slot. It is really good practice for the kids.  The winner gets a prize of $500.  Here are the details:  https://explorerhop.com/pages/global-investment-challenge 

What we learned:

We learned some of the fundamental metrics of a stock: 

  1. Open & Close Price
  2. Day's range 
  3. 52 week range 
  4. Volume 
  5. Average volume

Everyone has invested in a tech stock. 

What they need to do:
Come tomorrow with a company that is a LARGE company.  It cannot be one that you have invested in before.  
The person who comes dressed in their best holiday costume will get a $20 bonus in their portfolios!!

 

Day 2: Dec 22, 2020

Hi Everyone

All Kids have placed their first two trades in the Investment Challenge today!  

Investment Challenge Competition (book by Thursday) 

We have reserved spots for all our Camp Millionaire 1 participants to take part in the Investment Challenge Competition which starts Jan 11.  Please book by Thursday to keep your slot. It is really good practice for the kids.  The winner gets a prize of $500.  Here are the details:  https://explorerhop.com/pages/global-investment-challenge 

What we learned: 

Today we learned the basics of a stock. 

  1. How to find the ticker
  2. How to find the company name
  3. How to find the stock market 
  4. What are the biggest stock markets in the world like Nasdaq
  5. Check mark and red flags technique 
  6. Yahoo Finance  
  7. The global investment system
  8. The difference in between a long term and short term investment  
What they need to do:
Find a tech stock that they want to invest in for tomorrow.

 

Day 1: Dec 21, 2020

Hi Everyone

It was awesome to have all the kids with us today. 

Investment Challenge Competition (book by Thursday) 

We have reserved spots for all our Camp Millionaire 1 participants to take part in the Investment Challenge Competition which starts Jan 11.  Please book by Thursday to keep your slot. It is really good practice for the kids.  The winner gets a prize of $500.  Here are the details:  https://explorerhop.com/pages/global-investment-challenge 

What we learned: 

  1. Focussed on the fundaments of investing and stock market basics
  2. Inspirational stories of great investors like Warren Buffet 
  3. Parts of an investment and the role demand plays in a share price
  4. Different types of investments (investment by owning, by lending and by cash) 
  5. What is a stock & how does the stock market work. 
  6. Role of the Broker and Commission
  7. Shared tips on what to look for when they invest. 

What they need to do: 

Tomorrow everyone will start working on the trading platform.  

All kids have received their Trading Pin.  They need to keep this safely like a password.  We already spoke to them about this.  

They will get $10,000 to invest in a virtual portfolio.  What they need to do tonight is thing how much they can invest in a long term stock and how much in a short term stock.  

Zoom Links for the Program (same as today): 

Here is the information you need to connect to the program on Monday. The line will open 10 minutes before the class starts.  

PLEASE CHECK YOUR ORDER CONFIRMATION TO SEE WHICH CLASS YOUR CHILD HAS BEEN REGISTERED FOR: 

Class 1:  1:00 - 2:00 PM EST (10:00 - 11:00 AM PST - Vancouver Time) 

Zoom Link:   https://us02web.zoom.us/j/88050455166

Class 2: 3.30-4.30PM EST (12.30 - 1.30PM PST- Vancouver Time)

Zoom Link:   https://us02web.zoom.us/j/84496351855

___

 

Welcome

Hi Everyone!

Welcome to Camp Millionaire! 

My name is Hasina.  I am the CEO and Founder of Explorer Hop and will also be your child's financial coach this week.  I  am so excited to be working with your kids.  The purpose of Camp Millionaire Level 1 is to give them a foundation on how investing works. During the course of this program, they will learn all the fundamental information they need about stocks.  This will allow them to analyze stock information on their own. 

All participants will play an Investment Challenge with a virtual portfolio of $10,000 and will apply what they learn right away.  We find this is the most effective way for them to absorb financial information. 

All updates to the program, including our daily winners, will be provided here, so please do check at the end of the day.  

Need from Parents:  Please can you complete the Student Information Form before the class. Here is the link:  https://explorerhop.com/pages/information

Zoom Links for the Program: 

Here is the information you need to connect to the program on Monday. The line will open 10 minutes before the class starts.  

PLEASE CHECK YOUR ORDER CONFIRMATION TO SEE WHICH CLASS YOUR CHILD HAS BEEN REGISTERED FOR: 

Class 1:  1:00 - 2:00 PM EST (10:00 - 11:00 AM PST - Vancouver Time) 

Zoom Link:   https://us02web.zoom.us/j/88050455166

Class 2: 3.30-4.30PM EST (12.30 - 1.30PM PST- Vancouver Time)

Zoom Link:   https://us02web.zoom.us/j/84496351855

Please ensure you have a Zoom account and are able to connect. 

Thanks

Hasina

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