On Mondays we salute our Classroom of the Week. This week we're highlighting Tina Weaver's 11th and 12th graders at Madison County High School.
The students did a stock market simulation. Here's what Mrs. Weaver had to say about her classes:
"Madison County High School’s Business Management and Dual Enrollment Business 100 classes participated in a stock market simulation for three months. Students purchased and sold stocks available on the New York Stock Exchange.
Marianne Shepard, of Edward Jones, has sponsored the MCHS competition for many years. Ms. Shepard co-teaches the introductory stock market class with Tina Weaver, MCHS business teacher and Germanna Community College Adjunct Professor.
Following the first class, Ms. Shepard said, 'What a super group of kids! It was such a pleasure to meet with them.' Ms. Shepard returned for the winning presentations in December.
Anna Kelliher finished in first place with a portfolio increase of 21%. Anna’s most effective stock purchase was Priceline (PCLN). 'I purchased Priceline at a time when many people were going on holiday trips. I learned to purchase stocks when low because they have a greater chance of increasing.' Anna is saving most of her $50 winnings but did spend a small amount for breakfast at Sheetz.
Jack Kemp placed second with an increase of 16%. Jack’s advice is to 'go all or nothing. I purchased 38,000 shares of Sprint (S). Sprint was the cheapest stock that I could find with the potential for increase.' Jack won $20 which he is saving.
Troy Shelton placed last winning $2. Troy plans to deposit his winnings in his savings account. 'I learned that it is easier to lose money than gain money in the stock market,' commented Troy."
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