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!
3rd Place: Young Investor Kiran Rideout
EH: Tell us about yourself!
Kiran: I live in Toronto and I just turned 14. I play a lot of sports like soccer, hockey and running.
EH: What is your investment strategy?
Kiran: At first I just wanted to learn about stocks, but as I got in, I would go on Yahoo finance and pull up a chart with moving average, and choose a really volatile stock.
EH: How much investing experience do you have?
Kiran: I have like zero experience.
EH: What are you hoping to learn from the competition?
Kiran: More knowledge for the future, so maybe when I grow up I can know good ways to invest and make money.
EH: What would you say to inspire other kids to learn about investing?
Kiran: I would say this is a really great opportunity and a way to let your money work for you. I find it really fun and really interesting.