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 Wesley Mills on His 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.
EH: How did you hear about the Investment Competition?
Wesley: I heard about the investment challenge from the investors club.
EH: How much investing experience do you have?
EH: What are you hoping to learn from participating in the GIC?
Wesley: The biggest thing I am hoping to get in the competition is to be able to practice investing in new things without the risk of losing real money.
EH: What would you say to inspire other kids to learn about investing?
Wesley: Investing is all about practice. I invested with fake money on a spreadsheet for 6 months before I invested real money, if I never practiced I would have never been where I am today.