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 Ethan Yang on His Experience
The Explorer Hop team interviewed past Global Investment Challenge 2 participants on their experience, to help prepare future students, and offer them insight into what it's like to compete.
EH: Tell us about yourself!
Ethan: I am currently 15 years old. I am from British Columbia, Vancouver. I just finished piano lessons, I love playing piano and badminton. I believe that if I finish this summer competition with a good score I can say to my mom, I'm ready to actually invest.
EH: How much investing experience do you have?
Ethan: I have pretty good experiences with stocks and knowing how to trade them. From a young age my parents used to teach me how to use stocks, and understand how stocks work. Seeing the ups and downs of these stocks, I can say that I've had good experiences.
EH: What are you hoping to learn from participating in the global investment competition?
Ethan: I want to get the satisfaction of making money, and gaining information on how real stocks work. If i can make money in the virtual stock market, I believe that I can make money in the real stock market.
EH: What would you say to inspire other kids to get involved in investing?
Ethan: Investing is a great idea, not spending all your money at once and being fortunate to have some left over. Investing is a great thing to learn at a young age to develop a sense of money and how it actually works. Later in life it will really help that person.