A combination of investing research and some good fortune helped students from Southern Garrett High School earn a 1st place finish in the Fall session and a 2nd place finish in the Spring session of the State Stock Market Game™ competition. In the Spring session of the game, twelve student teams from Southern placed in the top 15 spots in the Western Region. The game is organized by the Maryland Council on Economic Education (MCEE) and sponsored locally by First United Wealth Management. Rob Sharps, financial advisor, presents investment concepts, such as risk vs. Reward and diversification, and compares strategies for investing in the Stock Market Game with those used in real life. First United has sponsored teams locally for over 23 years and has seen multiple State and Regional winners from Southern Garrett High School.
All teams began with an imaginary $100,000 and over a ten-week period invested in corporations on the New York, American and NASDAQ markets in an attempt to increase the size of their portfolio. The Stock Market Game™ requires student teams to formulate daily or weekly decisions about the direction of the markets; make choices about buying or selling corporate stocks; and enter trades on the internet. The excitement builds during the competition when students receive their team's portfolio statement, which shows how their team ranks compared to all of the other teams in the Maryland/DC region and their school system, as well as the current value of their stocks. Prizes range from a plaque for first place to a certificate for participation. Everyone who participates may not walk away with a trophy, but will leave the competition with practical knowledge for the future.
The Maryland Council on Economic Education offers the Stock Market Game™ to students and teachers throughout Maryland and Washington, D.C. each spring and fall. The Stock Market GameTM is an educational simulation that teaches about the stock markets, the American economic system and the global economy. Participants develop skills in math, language arts, research and critical thinking, while building and maintaining a stock portfolio. It is used in grades 4-12, college courses, and by those who seek to learn more about investing.
The Maryland Council on Economic Education (MCEE) is a 501(c)(3) nonprofit organization that has been training teachers and providing Maryland school systems with curriculum support for over 50 years. The MCEE, along with its division the Maryland Coalition for Financial Literacy (MCFL), are working hard to ensure that Maryland’s children leave school prepared to make responsible economic and personal finance decisions. More information concerning the Stock Market Game can be obtained from Lisa Bender or Athena Wilson at Southern Garrett High School; Rob Sharps at First United Wealth Management; and more information about the MCEE and MCFL can be found at: www.econed.org and www.mdfinancialskills.org.
Declan Horner, Noah DeWitt, and Troy Cumerlato won first place in the Fall, 2016, session of the competition for this school year. Recognition of this achievement is given at a luncheon in Towson, MD, sponsored by the Maryland Council on Economic Education (MCEE).
Seated: Declan Horner, Noah DeWitt, Troy Cumerlato; Standing: Rob Sharps, Athena Wilson
Dakota Bosse, Matt Robert, Tiffany Lytle won second place for the Spring, 2017, session of the competition for this school year.
Seated: Dakota Bosse, Matt Robert, Tiffany Lytle; Standing: Rob Sharps, Lisa Bender
Pictured are the students in Mrs. Athena Wilson’s classes who were members of teams placing in the Top 15 teams in the Western Region for the Spring Semester of the Stock Market Game.
Seated: Brooke Miller, Logan Hinebaugh, Alex Butina;
Standing Left to Right: Brandon Green, Austin Rodeheaver, Parker Meyer, Dean Holland, Tad Rodeheaver, Lauren Glotfelty, Luke Riley, Lillian Dunn, Alexes Capan, Athena Wilson, Brady Merrick, RobSharps, Zach Wesolowski, Cory Ashby, Caid Andrews, Nathan Spiker.
Pictured are the students in Mrs. Lisa Bender’s classes who were members of teams placing in the Top 15 teams in the Western Region for the Spring Semester of the Stock Market Game.
Seated: Dakota Bosse, Matt Robert, Tiffany Lytle;
Standing: Daylynn Bowman, Madison Shaffer, Tiara Sliger, Caleb Thayer, Austin Rodeheaver, Jonathan Pelland, Robert Sharps, Maura McCann, Jada Paugh, and Lisa Bender.