A team of sixth grade John Warner Middle School students recently placed second in the Stock Market Game, outperforming the Financial Markets.
The game is an online academic and life-skills educational program to boost students’ math, economics, and personal finance knowledge, while also improving their test scores and instilling essential skills for financially independent futures.
Students begin the simulation with an imaginary investment of $100,000 to trade stocks, bonds, mutual funds, and exchange-traded funds on the NYSE and NASDAQ.
Students follow current events and global news impacting the financial markets and place trades in real-time online via computer or the SMG smartphone app. Students have the ability to participate in socially responsible investing by selecting companies that have been determined to be in alignment with the United Nations' Sustainable Development Goals (SDGs).
Team members Jay Jagger, Emma Sanders, and Kegan Hodges competed against 400 teams and had an 18.8 percent gain during the 10-week competition with an ending balance of $118,853.04.
“The Stock Market Game™ continues to make learning about the capital markets fun and engaging, drawing students in and enabling them to learn about otherwise complex but important economic concepts such as inflation, price indexes, cycles, sustainability, and trends. We are proud and thrilled for all of our student teams who reached the top spots in the Missouri SMG competition,” said Melanie Mortimer, President of the SIFMA Foundation.
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