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.
GIC Winners On Their Experience
The Explorer Hop team interviewed past participants on their experience, to help prepare future students, and offer them insight into what it's like to compete. Here are our interviews with the students who placed in the top three!
2nd Place: Young Investor Abby Goldstein
EH: Tell us about yourself!
Abby: I'm 12 years old and I'm from Toronto. Aside from investing, I love to sing, read, watch Netflix, and do art. My favourite hobby is sewing - I love to sew on sewing machines and make clothing.
EH: How much investing experience do you have?
Abby: Before the challenge I had an ok/decent amount of investing experience,
jeans but I had a bit of trouble with the right investment choices. Now my level of experience is way above average, and I feel a lot more comfortable making decisions while investing.
EH: What are you hoping to get from participating in the competition?
Abby: If I win or lose the competition, I'm just hoping that my experience level will go from decent to above average and the contest isn't even over. But I'm also hoping that my confidence will boost in the challenge.
EH: What would you say to inspire other kids to learn about investing?
Abby: If you invest you may bump into speed bumps too tall for your car, but you'll find a way around it. It will all be worth it in the end. You will learn so much about finance if you invest in stocks and that could be very helpful in order to have a financially stable future.
EH: What did you think about the competition now that it's over; would you do it again?
Abby: Words can't describe how thankful I am to be a part of the Global Investing Competition. I feel like I wouldn't be the same Abby that I am now if I hadn't participated in the challenge. The website challenge is easy to navigate and enter trades into. The whole experience is something I'll never forget. If there were to be another Global Investing Competition, I'd sign up without any hesitation.