Game teaches students the basics of investing in an ever-changing world
A combination of strong investing research along with some good fortune helped students from Southern Garrett High School earn top spots in the Fall session of the State Stock Market Game competition. Eight student teams from Southern in Athena Wilson’s and Zach Trautwein’s classes placed in the top 25 spots in the North Region. The game is organized by the Maryland Council on Economic Education (MCEE) and sponsored locally by First United Wealth Management. Rob Sharps, retired 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 Athena Wilson or Zach Trautwein at Southern Garrett High School; and more information about the MCEE and MCFL can be found at: www.econed.org and www.mdfinancialskills.org.
Pictured are the students in Mrs. Athena Wilson’s class who were members of teams placing in the Top 25 in the North Region for the Fall 2017 Semester of the Stock Market Game.
Seated: Brandon Green; Brady Horner; Caid Andrews; Parker Meyer; and Cory Ashby.
Standing Left to Right: Athena Wilson, Advisor; Rob Sharps, retired financial advisor; Haley McCrobie; Austin Rodeheaver; and Brandon McClung.
Pictured are the students in Zach Trautwein’s class who were members of teams placing in the Top 25 teams in the North Region for the Fall 2017 Semester of the Stock Market Game.
Left to Right: Rob Sharps, retired financial advisor; Alex Cosner; Dalton Wiles; Jacob Collins; and Ty Sisler.Want more news?
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