About the GIC
Explorer Hop's Global Investment Competition (GIC) is a virtual investment opportunity for youth ages 11-17. The competition is open to 500 participants from anywhere in the world. All experience levels are welcome as competitors learn how to trade stocks and build their own portfolio. And for those who are looking to compete, there are more than $100 in prizes to be won! The portfolio with the highest amount at the end of the competition is the first place winner. All participants will however receive a certificate at the end of the competition to acknowledge their learning achievement.
The next competition runs from September 26th-November 4th. Therefore the portfolio with the highest amount on November 4th, 2022 at 4:30 PM EST will be the winner of the first place prize. Second and third place, as well as the top earner in each age category, will subsequently win smaller prizes.
If you feel that you're on the lesser experienced side and want to prepare first, you have time before the next competition. If you would like to learn how to manage your money and invest we suggest enrolling for the following instructor-led online classes: Camp Millionaire Level 1, Personal Finance. If you are looking for self-learning options, check out Learn to Trade and Mutual Funds.
Young Investor Madelyn Patterson on Her Experience
The Explorer Hop team interviewed Global Investment Challenge participants on their experiences, to help prepare future students, and offer them insight into what it's like to compete.
Our dynamic Young Investor Madelyn, has already made a name for herself at Explorer Hop. Over summer, she became the first girl to win the investment challenge at Camp Millionaire Level 1 and was an incredible source of inspiration to her camp buddies.
EH: How did you hear about the Investment Competition?
Madelyn: I found out about the investing competition from my mom. It started in the summer of 2020 when my mom enrolled me in Camp Millionaire Level 1. I was hesitant for that camp at first because I didn't even know what investing was, but after that camp I was addicted to watching the stock market!
EH: Tell us about yourself!
Madelyn: My hobbies include piano and sports. I love playing sports especially baseball, volleyball, and taekwondo, but unfortunately due to COVID-19 I'm no longer able to participate in those activities as I usually would. I like to play the piano and compete in competitions.
EH: How much investing experience do you have?
Madelyn: I have a bit of investing experience since the summer and i have accumulated some knowledge and skills over the past 6 months. I'm still a beginner, but I am hoping to learn and gain more investing experience in the next couple of months.
EH: What are you hoping to learn from participating in the GIC?
Madelyn: So far in the competition, I have been following companies a lot more closely by reading the news. It has been really helpful.
EH: What would you say to inspire other kids to learn about investing?
Madelyn: To the other kids out there that would like to learn about investing: you're gonna win some and you're gonna lose some. Investing is simply putting your money into a company that you trust and hoping they will do something amazing (and make a lot of money for their shareholders - us!)