My group really liked the investment game it taught us that sometimes being risky with your investments is good to make more money, but it could also be bad because you can lose a lot of money at one time.
I am a high school student that just played investment roulette, and it taught my group and I valuable lessons about investing. While playing the game, we learned that the outer wheel was a "go big or go home" as it would have the most return, but it could also harm us. There was the inner wheel, which was a guaranteed return on investment. Finally, there was 50/50 which we would gain half of our investment or lose half of our investment. This article backed up what we learned from the game because of the section about compounding our money. Stocks would gain a 10% return on investment, bonds would have 5%, and cash investments would have 3%. This relates to the game because stocks resembled the outer wheel, bonds would represent 50/50, and cash would resemble the inner wheel. Knowing this, if you invest your money into stocks or "the outer wheel" you would have a greater return in the long run.
My group really liked the investment game it taught us that sometimes being risky with your investments is good to make more money, but it could also be bad because you can lose a lot of money at one time.
I am a high school student that just played investment roulette, and it taught my group and I valuable lessons about investing. While playing the game, we learned that the outer wheel was a "go big or go home" as it would have the most return, but it could also harm us. There was the inner wheel, which was a guaranteed return on investment. Finally, there was 50/50 which we would gain half of our investment or lose half of our investment. This article backed up what we learned from the game because of the section about compounding our money. Stocks would gain a 10% return on investment, bonds would have 5%, and cash investments would have 3%. This relates to the game because stocks resembled the outer wheel, bonds would represent 50/50, and cash would resemble the inner wheel. Knowing this, if you invest your money into stocks or "the outer wheel" you would have a greater return in the long run.