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GUESS THE DOW!
This is a game that anyone can play even if you have no knowledge of the Stock Market! Each month we will give you a date to guess the closing price of the Dow. All you have to do is simply call or email your best guess by the deadline to be entered in. The client whose guess is the closest, wins!
Guess the closing price of the Dow for August 31, 2021
Deadline to enter is 8/20/2021.
Or email your guess to lwaller@econwealth.com or call the office at 717-545-5870.
AUGUST EDITION:
Each month we will reveal a clue about a certain stock and when you think you know the stock call or email in with your guess. If you get it right you win a prize! Clues will be updated every month on the same stock until a client guesses the correct answer. Once that happens we will publish the correct answer and the game resets to a new clue about another stock.
Simple, right?
The catch is finding the hidden clue. All clues will be found on our website. They can be anywhere, even in a video. Check out our example below for how to play! HINT: There are many resources on our site to help you get the right answer!
STOCK SCAVENGER HUNT
January’s newsletter has a hint for where the first clue is hidden on our website. Clients call in/ submit guesses but nobody guesses correctly. The February newsletter contains a new hint to find clue 2. This keeps building until a client guesses the correct stock. Once that happens, all clues, as well as the answer, will be published in the next newsletter. The game resets to a new stock and clue 1 is hidden again on our website
EXAMPLE:
Clue 1: Multi-national tech company
Clue 2: Headquartered in Cupertino, CA
Clue 3: A component of the Dow Jones Industrial Average and the S&P 500
Clue 4: Steve Jobs founded this company
Correct Answer: Apple
EXAMPLE PLAY-BY-PLAY
CNN Money's Jasmine Goodwin Explains-Investing isn't just a luxury reserved for adults, kids can get in on the financial rewards, too. In fact, it can prove to be even more valuable for their future.
How to Teach Your Kids About Investing -Selena Maranjian (TMFSelena)
Learning how to manage money responsibly and invest are skills that can pay off handsomely for the rest of their lives.
Start an education fund for your children or a family member with a Schwab 529 Savings Plan. You can open and contribute to almost any 529 plan, no matter what state you live in and regardless of your age or income.
Educational Savings Account (ESA)
Ideal as a supplement to a 529 plan, an education savings account (ESA) helps you pay for education expenses from kindergarten through college, and withdrawals are tax-free when used for eligible expenses.
SAVING FOR COLLEGE
HOW TO GET YOUR KIDS INVESTING EARLY
EWM MINOR LEAGUES
MINOR LEAGUE HIGHLIGHTS
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DO YOU KNOW THE LINGO
MATCH THE TERMINOLOGY TO THE MEANING
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Security (Stock)
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ETF
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Bond
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Mutual Funds
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CFP
a. Certified Financial Planner
b. tradable financial instruments used to raise capital in public and private markets.
c. a company that pools money from many investors and invests the money in securities such as stocks, bonds, and short-term debt.
d. Exchange Traded Funds is a type of investment fund and exchange-traded product.
e. an I.O.U. between the lender and borrower that includes the details of the loan and its payments.
Answers: 1:b 2:d 3:e 4:c 5a
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