BL students know how to invest wisely
Fri, 05/23/2014 - 12:00pm admin
A team of students in Ryan Loeken’s Personal Finance class may have a bright future on Wall Street one day. The four-student team recently took second place out of 200 teams in the high school division of BestPrep’s The Stock Market Game.
In the game, students are given $100,000 of virtual money to invest in the stock market. They track their investments and make changes over the course of a few months. Once the game ends, students reflect on invests made and get to see how much money they either gained or lost.
The Big Lake team taking second place grew its portfolio from $100,000 to $108,528 in just eight weeks. The team consisted of Sarah Arbogast, Abby Archambault, Courtney Nelson and Lily Noble.
These students were joined by the teams placing first and third in the challenge for an awards ceremony hosted by Allianz Life, who sponsored The Stock Market Game challenge.
According to BestPrep, The Stock Market Game increases students’ financial literacy and emphasizes the importance of investing. Additionally, it helps students develop skills in teamwork, decision-making and critical thinking.