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Join investment clubs and follow the stock market closely. Participate in investment clubs, competitions, and activities during high school and college to develop your stock-picking skills. The Wharton School at the University of Pennsylvania offers the Knowledge@Wharton High School Investment Competition, a free, global, online investment simulation for students, ages 14–18, and teachers. According to the Wharton Web site, “students learn about teamwork, communication, risk, diversification, company analysis, industry analysis, and investing.”

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