College investment clubs are overseeing up to millions of dollars in funds. This isn’t your average collegiate club—students from colleges all over the U.S., such as the University of Chicago or Lafayette College, are forming investment clubs to gain experience working with the stock market. But here’s the catch: these young adults are handling anywhere from hundreds of thousands to millions of dollars in investments. In most cases, donations from alums or university endowments are given to the club to get them started. In turn, these college investment clubs are very selective: “Yale Student Investment Group accepts members at about the same rate as the school’s undergraduate admissions office: roughly 5%.” YPulse’s Fintech report data shows 43% of Gen Z agree that playing in the stock market is fun. (WSJ)
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