Teaching kids about the stock market can be a real challenge. It is usually pretty difficult for parents to understand, so getting kids to understand it can be even more difficult. For those who homeschool, it may be easier to come up with a project that will help your child to better understand.
For this project you will first need to do a bit of research. When planning out your lesson plan you will want to get some monopoly money together to use with your project. You will also need to get your local newspaper that has a financial section that you can use for the project. Take the financial section of the paper and hang it up on a bulletin board. You will also want to do a bit of online research to find plenty of worksheets. You can visit websites like www.moneyinstructor.com. Here you will find some educational worksheets that will help you introduce the topic to the stock market.
When you have finished all of your research you will want to first go over the lesson with your child. Next you will give your child at least $100 to invest in a particular stock. Look through the financial section of the paper and have them pick out a stock that seems interesting to them. You can then have them give you the monopoly money for the number of stock that they want to purchase.
Basically, you the teacher, will be the investor working for your child. Each day you can check the particular stock to see if they have gained anything or loss anything. Have your child create a chart to show how the market has grown and how it has gown down. Since the stock market deals with points it should be very easy to track. This can be an ongoing project. At the end of each days lesson you can have them update the graph. At the end of a few weeks you can have them sell the stock and then they can be paid with the monopoly money for each point that it has grown. Remember that you can change this project to whatever will help your child to better understand how the entire process works. The key is to make the project as fun as possible so try to be creative with this project. What is really nice is that you can start and restart this project as much as you want.
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