LEXINGTON, Ky. (4/29/13)— A team of juniors at Tates Creek High School is among the regional winners in Kentucky’s spring 2013 Stock Market Game (SMG), which develops leadership, negotiating and cooperation skills. Andrew Hey, Daniel Wallace and Gabriel Fardin received certificates and T-shirts, and are invited to the May 22 statewide awards banquet in Louisville.
“I learned the basics of successful investing and identifying strong businesses,” Andrew said after the project.
In the contest, students in grades 4-12 receive a virtual $100,000 to invest in stocks and mutual funds using a live-Internet trading simulation. Managing their investments closely, they try to create the best-performing portfolio by researching and evaluating companies and stock data. The Tates Creek team, guided by teacher Eric Jackson, wound up with a portfolio valued at $102,423 this semester.
“I learned how quickly the stock market can change,” said Daniel, whose group worked on the project through their IB Business and Management class. “The Stock Market Game made me want to invest in the future,” Gabriel added.
SMG can be taught as an enrichment or project-based activity, or teachers can incorporate different aspects of SMG into their own curriculum as an interdisciplinary project.
“Business education classes are so important for providing students with practical applications of real-world skills as demonstrated with SMG,” said Jackson, who teaches business and marketing.
Information provided by Tammy Lane
Photo provided by SurfKY Graphics
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