LAS VEGAS (KLAS) – At simply 19 years previous, UNLV Junior Sehaj Singh enjoys buying and selling shares as his fascination has now change into a pastime.
When the chance got here alongside to take part in UNLV’s first-ever President’s Funding Problem, he and a number of other different college students jumped on board to get a first-hand have a look at the campus-wide funding competitors.
At simply 19 years previous, UNLV Junior Sehaj Singh enjoys buying and selling shares as his fascination has now change into a pastime. (KLAS)
Singh instructed 8 Information Now that when investing in shares, it is vital to know what enterprise you’re investing your cash in and do not be afraid to begin small. Investing small quantities often can add up over time.
For him, he instructed 8 Information Now, it’s all about investing in shares he likes.
“Finance is something that is going to follow you your entire life and being able to understand it well and being able to know what stocks you are holding. You should know how much you have and how much you owe and be ready for the future,” Singh shared.
Additionally, a great way to begin is thru your organization’s retirement plan. It is a customized method to get you began earlier than investing in different corporations. With the general understanding that the method has its ups and downs and persistence is suggested.
“Being well-versed and knowing that the market isn’t going to be up every year. 2024 was one of the most amazing years in capital markets, but you can’t have that every year,” he added.
In complete, 227 college students participated in UNLV’s, President’s Funding Problem, forming 84 groups with six finalists who battled it out Monday. Presenting their closing strategy and techniques, and in the end three groups gained with Singh’s staff coming in first place.
Competitors organizer Daniel Chi defined how the method labored over 8 weeks.
“We gave them half a million dollars to invest in real stocks and real options, real bitcoin, everything is real except for the money, so it’s electronic money, and we are training them so it’s not a game, but an educational experience,” Chi instructed 8 Information Now.
He additionally shared that due to what’s occurring on this planet proper now, understanding cash is of the utmost significance in defending one’s livelihood, it doesn’t matter what age you’re.
“The uncertainties with the tariffs and trade wars and the tension between other countries and the U.S have made this a prime time for people to get involved and learn,” he added.
UNLV’s President’s Funding Problem awarded the top-performing groups as much as $4,000 in scholarships. Chi shared that with its success this yr, they may proceed the competitors in 2026.