SIFE holds stock market contest

Will you know what to do when the time comes to take all your well earned money and invest it into the proper stocks and build wealth?

SIFE, Students in Free Enterprise, wants to help you.

The student organization on campus is holding the 2007-2008 Stock Market Contest.
The contest begins on October 1 and will end on April 15, 2008.

At the end of the contest the winner will receive a $1,000 cash prize and a trophy, courtesy of Costa Rica Property Sales and SIFE.

The competition will take place on investopedia.com, which is an online networking site where people “play” investments with imaginary money. The Web site is a lot like ETRADE, which is a real investment site.

The simulation game allows you to watch your investments gain and lose money and find out what kind of an investor you are.

Jay Browne, professor in the Hasan School of Business, is one of the sponsors and originators of the idea. He has been competing on the sight for several years along with other SIFE students. This year he decided to open the contest to everyone, “to give students an understanding of how the stock market works,” Browne explained.

For those students who have never researched or been involved with investments and may need help getting started, SIFE is offering investment workshops to help students. The dates for these workshops are still being decided. Investopedia.com also has online tutorials that can teach newcomers how to play.

To enter the contest send an e-mail to csu_stock_contest@hotmail.com. Include in the e-mail a full name, local school address, and phone number. Following the e-mail you will receive an e-mail from Browne to activate your trading account. Once registered, trading can begin immediately.

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