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Massaponax High School students succeed in stock market
The Virginia Council on Economic Education just announced that a team of students from Massaponax High School placed second in a statewide Stock Market Game competition.
Below are details from VCCE spokeswoman Judi Crenshaw.
A team from Massaponax High School took an initial $100,000 “virtual investment” and in one semester of the Stock Market Game increased its portfolio to $121,913.
Placing second in a field of over 7,500 students throughout Virginia is quite an accomplishment. Massaponax High School teacher Cindy Wuyek accompanied the team to the Richmond Federal Reserve on May 11 for an awards ceremony and luncheon.
“Students used real-time stock market data and analyzed current events during every aspect of the Stock Market Game,” said Massaponax teacher Cindy Wuyek. “They’ll definitely apply what they learn in future saving and investing decisions as adults.”
VCEE is an information and training source for the Center for Economic Education at the University of Mary Washington. Director for the Center, Margaret Ray, attended the statewide awards ceremony and made note of the multi-disciplinary nature of the Stock Market Game process that the Massaponax team utilized in building their portfolio.
“The team used math, business, economics, social studies, and language skills to simulate real world investing in the stock market,” said Ray. She voiced excitement that one of the members of the Massaponax team is attending Mary Washington University in the fall.
Teaching students to make wise spending/saving decisions and to participate in the global economy are what the Centers for Economic Education are all about.