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They used to make us play this game in finance classes in high school. Everyone starts with $100k and invests however they want and you just have to keep track
by givehimagun 8y ago
They used to make us play this game in finance classes in high school. Everyone starts with $100k and invests however they want and you just have to keep track of it. At the end, the class compares what we earned against the class.
My class 90% lost money, 9% broken even, and 1 person got a ridiculous return. I learned from that, just invest in the index. Remember, you have to make more/less than everyone else...a nominal return of 20% doesn't mean anything if everyone made 50%. Last year, the NASDAQ earned nearly 30% two years in a row - that's par.