Day 4: January 30, 2021
What We Did Today: We learned about measuring the riskiness of a stock by looking at Beta. We learned about dividends and talked about what earnings are and the difference between earnings and revenue.
What's Next?: If you enjoyed and found value in Camp Millionaire Level 1, the next step would be to sign up for Camp Millionaire Level 2!
Day 3: January 23, 2021
What We Did Today: We finished up stock markets, talked about opening and closing times and after-hours trading. We also looked at the different currencies and started getting into the metrics, starting with Market Cap.
What They Have to Do: The students were instructed to sell their short term stock and buy a new stock that meets the following conditions: Trading on the Toronto Stock Exchange (TSX) and has a large market cap.
What are we doing next week?: Next week is our final class. We will go over a litany of financial metrics and point out what are red flags when evaluating a stock.
Day 2: January 16, 2021
What We Did Today: We talked about stocks, what they are, how you can buy them. We also talked about public vs private companies and how and why a company would want to be on the stock market. Finally we went through tickers and also touched upon the different stock markets around the world.
What They Have to Do: Review the concepts taught this week and continue to trade on the investment challenge if enrolled.
What are we doing next week?: From next week we will start to focus more on the different financial metrics and how we can use them to make decisions on which stocks to buy.
Day 1: January 9, 2021
What We Did Today: We talked about the different types of investments. Investing by owning, investing by lending and cash. We also talked about risk tolerance and how everyone will have a different risk tolerance depending on their life and personality. Finally we also touched upon stocks and what they are.
What They Have to Do: Play the investment challenge and sell their short term stock for a new one.
What are we doing next week?: Learning about the different stock markets and how companies can get on the stock market.
Welcome to Camp Millionaire!
My name is Nitish. I am a Finance Teacher for Explorer Hop and will also be your child's financial coach the next month. 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 Saturday. The line will open 10 minutes before the class starts.
Class 1: 12:00 - 2:00 PM EST (10:00 AM - 12:00 PM MST - Calgary Time)
Zoom Link: https://us02web.zoom.us/j/87002980817