Due to unforeseen technical difficulties, we are going to start the Checking Account project on Monday. Instead, we will today look at investing -- specifically the stock market.
Scenario: Your eccentric "Uncle Hoot" left you $100,000 in his "Last Will and Testament" -- the only catch is that you have to invest it all in a U.S. Stock Market and you can't check it out until June 1st.
In order to get started, you need to sign up for an account at the Virtual Stock Market. Just click on "Please Register" and then fill in the blanks (you can use your KHS gmail if you would like). Then click on "Continue". Next you need to join our class game -- in the box that says "Enter the Game ID below" type in KHSGriff (exactly as it looks) and press ENTER (or click the little orange triangle). In the screen that opens up where it says, "This is a Private Game. Enter Game Password" go ahead and put in knights as the password.
[Note: The person who manages to make the most on their stock market portfolio will win a prize and a certificate at the conclusion of the challenge on June 1st.]
After we are signed up for the account, we will discuss how the Stock Market works and the principles of investing.
Here's an interesting old cartoon explaining how the Stock Market works.
