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Kids Play Stock Market, Learn Not To Want Stocks: "I Asked For a Parakeet Instead"

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WILMINGTON, Del. -- Michael Ashworth slumped by his computer, weary from another rough day in the stock market. All his favorite picks -- Domino's Pizza Inc., Hershey Co. and Gap Inc. -- were down.

"I'll be honest with you," he confided. "Before all this, I asked my mom to get me stocks for Christmas," but then "I told her not to do it. I asked for a parakeet instead."

Michael, a 13-year-old at Wilmington's Skyline Middle School, is one of 700,000 players in the "Stock Market Game," a scholastic contest in which students from grades four through 12 get a hypothetical $100,000 to invest in stocks, bonds or mutual funds.

Read the whole story at Wall Street Journal