Stock Market Game Winners
The Stock Market Game ended a couple of weeks ago.
The 1st Place Overall and the 1st Place Middle School portfolio management team was Team ZZ61 from Mitkof Middle School in Petersburg. They competed against 54 teams within Alaska---adults, individual high school students, and high school, middle school and elementary school teams. Congratulations!! Even though we had a difficult market between January 14th and April 25th, Team ZZ61 made $13,349 by investing their $100,000 in five companies. They increased the value of their portfolio by 13.5 percent. Their portfolio outperformed the S&P 500 Index by 12.06 percent. That is the official measurement of their portfolio management skills. Many highly paid professional money managers did not do that well during that particular time. These five students invested in world-wide natural resource companies, a world leading Swiss company that developed the first milk food for infants in 1867, and a U.S. company that started in 1892 and was the first to manufacture electric fans and is now one of the world's largest engineering and conglomerate corporations.
Team A17 from Rocky Mountain High School in Goodnews Bay won the 1st Place award for portfolio management in the High School Division. The value of their portfolio increased by $11, 953--10.66 percent better than the S&P500 Index. These two students had a diversified portfolio of 11 stocks that included Exxon, Alliance Data Systems, Columbia Sportswear, Sony, and Apple. One of their important management strategies was to cut their losses at 8 percent. Congratulations to Team A17.
Team A2 from Academy Charter School in Palmer won the 1st Place award for portfolio management in the Elementary School Division. Their portfolio, a diversified portfolio that contained 10 stocks including the United States Oil Fund (an ETF), Caterpillar, American Express, Pepsi Bottling, McDonalds, and Hershey, increased in value by $1,273 and beat the S&P 500 Index by 2.57 percent. Their portfolio was 11th out of 54 teams of adults, middle schoolers, and high schoolers. Congratulations!
Yesterday, I finished my Stock Market Game Program Alaska coordinator end-of-game activities as I delivered the last winner certificates and SMG t-shirts. To the Winners: Wear your t-shirts with pride.
Kudos to all those students who participated and learned about the economy, companies, the stock market, and investing in stocks and mutual funds and to the teachers who chose to use the Stock Market Game program as a teaching tool with their students to engage them in a fun, yet meaningful, hands-on learning experience. Their teaching and encouragement allowed their students to begin their journey in becoming thoughtful investors.
10:40:49 AM 
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