Seniors Play the Stock Market
April 29, 2015
Every year the seniors who are taking any Government and Economics class, play a game which puts the student in the shoes of a stockbroker, allowing them to learn first hand how the market works. This year the game started March 10.
Each student was given $20,000.00 in virtual cash to invest in markets, including: AMEX, NASDAQ and NYSE. Students are also given a certain set of rules to follow, such as: you must have at least five stocks at all times, you may not short sell your stock, and you are not allowed to buy penny stocks. The game is located and played on HowTheMarketWorks.com where the players are able to buy and sell stock between the times of 9:30 a.m. to 4:30 p.m.
Senior Josh Attig believes that this is a great way to teach students about the stocks.
“Oh I think it’s awesome,” Attig said. “It gives students the opportunity to experience what it is like to walk on wall street and invest in companies using virtual money giving an educational purpose.”
Long term Government teaching substitute Alex Kreager believes it is very beneficial for the students.
“Gives them a realistic opportunity to see market in action” said Kreager. “Also provides a healthy batch of competition between students, tracking their stocks over a two month period.”
Many students like senior Sarah Schertle are surprised to see how well they are doing.
“I’m very surprised,” said Schertle. “At first I had no idea what I was doing, but now I get it.”
With only two weeks remaining in the competition Shea Stuart leads the way with a profit of $5,300. The competition ends on May 15.