Students Learns About Stock Market From High Stakes Game

RENO, NV - These guys have more than a million dollars to their name, and they're only in 8th grade. Meet the "Oven Mitt Romneys." They may be one of the team to beat in a game that allows them to use imaginary money to invest in stocks for real companies.

"Well, my brother plays the stock market a little bit, so he got me into it," says Kevin Hoang.

For their risks, there could be a huge reward.

"The team who wins gets $100," says Austin Baugh.

That's real money, and it's a nice bonus for this after-school Stock Market Strategy Club that started a month ago. 15 students from Depoali Middle School are getting the chance to learn from local business leaders.

"They seem very motivated. They seem to really have an interest in the stock market, and that's what we're trying to do, because people of their generation are going to have to rely on their own resources," says program coordinator Michael Lee.

"It's always good to catch young investors and tell them the importance of saving and how it can accumulate to something significant when they get older," says financial advisor Thomas Barcia.

Some of the kids say, they've already picked up some tips that not only could help them in the game, but in the future too.

"My mom told me about this one stock called Cubis and i've been putting a lot of money in that, and it's made me a lot of money," says Leland Anderson.

The students will find out who's investing paid off the most when a winner is declared at the end of the semester. so what will the "Oven Mitt Romney's do if they take home the prize money?

"Save it," says Hoang and Baugh.


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