Still Middle School Students Win in The Stock Market Game
After picking stocks that propelled them to the front of the class, students from Still Middle School took first place in the spring semester of The Stock Market Game program’s online portfolio simulation. The eighth-grade winning student team competed in the grades 4-8 level in their geographic region, beating out over 288 other teams. Competition between student teams throughout Illinois ended on April 17, 2020 with the highest valued portfolios receiving awards.
The winning student team includes Joshua Housour, Pranet Swain, and Mihir Tuteja. The winning team will be recognized with medals and award certificates.
Mr. De Farno’s students increased their original $100,000 cash to a final portfolio equity of $145,909.90. They outperformed the S & P 500 for the same period by 57.87 percent.
The Stock Market Game™ (SMG) program is used in thousands of classrooms nationwide to help teach core academic subjects while emphasizing the importance of long-term saving and investing. Students work together in teams to conduct research, invest their hypothetical $100,000 cash account and manage their portfolio over time. Through their participation, student teams gain practical knowledge about the markets, learning such concepts as risk and diversification. While the students think they're playing a game, their teachers know they’re learning real-life economic and financial skills that will benefit them for years to come.
Teachers use the SMG program’s online educational resource library as a tool to enhance student engagement with math, language arts, social studies, business, and technology, while integrating investment concepts into their existing curriculum. The cross-curricular lessons and materials support both Illinois and national Common Core State Standards.
The SMG program, designed for grade 4-12 teachers and their students, is offered to Illinois teachers by Econ Illinois, a statewide organization associated with Northern Illinois University and housed in the Division of Outreach, Engagement and Regional Development. Since its inception in Illinois in 1988, the SMG program has enrolled more than 700,000 Illinois students. Participation is offered without financial cost through numerous sponsorships. Nationally, the SMG is provided by the Securities Industry and Financial Markets Association (SIFMA).
For more information, please contact Illinois Stock Market Game coordinator, Debbie Kerman at Econ Illinois, 815-753-0356 or visit the Econ Illinois web site, http://www.econillinois.org/.