(11-27-2022, 07:57 PM)SweetSecret Wrote: Does anyone on here know of any free or inexpensive simulators/games online about investing? Preferably, something that allows for diversification, shorting stocks, and maybe helps people to understand the difference between stocks, ETFs, mutual funds, etc. I am looking for some simulators or games that young adults (18-22 year olds) could play without me buying a board game that the pieces will inevitably go missing from. I really wish Cashflow 202 were online because the Cashflow 101 game is easy to get people started on. We have tried a game-based learning option here, but it seems that an online game is more suitable for us. I am open to hearing about any online or apps and also interested to know if it can be played both as single player and/or multi-player. So, if I wanted to be able to walk them through a game while they are traveling out of state, would that be possible?
Also, dare I ask, but does anyone have thoughts on the Wallstreet Trapper's first ebook? The young adults are all from very low income families living in a rough neighborhood without high school diplomas and need something more relatable. Wallstreet Trapper's stuff looks like it could be relatable for them, but I am curious if the book would even be worth it. I have tried getting them to read Rich Dad Poor Dad and I do not think any of them did. Surprisingly, I have gotten two of them to sign up for Modern States though, so there is that.
Excited to hear suggestions!
Found information about some popular games:
Wall Street Survivor is a free, single-player game that offers a virtual stock trading experience and educational content on various investment topics. Investopedia Simulator is a paid game ($15 per month) that allows for diversification, short selling, and options trading. MarketWatch Virtual Stock Exchange is another free, single-player game that lets you track stocks, ETFs, and mutual funds and compare your portfolio with others. StocksCafe is a free platform that provides a virtual trading experience with real-time market data and allows you to track your portfolio and practice investment strategies. Most of these platforms can be played as single-player or multi-player and some have mobile app versions.