Local students place eighth in national Stock Market Game

Press release from SIMFA:

SIFMA and the SIFMA Foundation today congratulated a team of students from Clyde A. Erwin High School, in Asheville, N.C., on placing eighth in the national 10th annual SIFMA Foundation Stock Market Game™ – “Capitol Hill Challenge” (CHC). The team, as part of the Top 10 ranking teams, will be recognized at an Awards Reception in Washington, DC on June 19th.

Students from CA Erwin High School produced a portfolio value of $161,363.78 and a return of over 52 percent. Participating team members include: Marissa Imel, Angela McLean, Alitselenne Moreno, Hannah Rigsby and Sam Shipley. They were instructed by Mary Richards and represented Representative Virginia Foxx (R) during this year’s Challenge.

This 14-week competition among teams of high school students organized by Congressional district and state is a special version of the Stock Market Game™ where the student teams invest a hypothetical $100,000 in listed stocks, bonds, and mutual funds while simultaneously learning the value of saving and investing as they work together to maximize the return of their portfolio.

“SIFMA congratulates CA Erwin High School for placing eighth in the SIFMA Foundation’s 2013 Stock Market Game™ – ‘Capitol Hill Challenge,’” said Kenneth E. Bentsen, Jr., President of SIFMA. “CHC is designed to enhance student’s financial literacy while simultaneously promoting a better understanding of our government, and Marissa, Angela, Alitselenne, Hannah and Sam have truly excelled in all aspects of the program. Congratulations again on a job well done.”

The competition uses the curriculum-based Stock Market Game™, a program of the SIFMA Foundation, to help students develop a better understanding of the global economy, strengthen their personal financial skills and improve their knowledge of math, economics and business.

Since the Capitol Hill Challenge began in 2004, nearly 1,700 Representatives and Senators have engaged in this special version of the Stock Market Game™ Program with more than 45,000 students from schools across the country. High school students from all 50 states are participating in this year’s competition.

To view the final rankings from this year’s participating schools, visit the SIFMA Foundation’s website: http://www.sifma.org/chc.
About SIFMA Foundation’s Stock Market Game
SIFMA Foundation’s Stock Market Game is a curriculum-based program where student teams in grades 4-12 learn about the global marketplace and long-term saving and investing fundamentals by using a hypothetical brokerage account. The program serves 25,000 teachers and 600,000 students annually. Teachers receive grade-level specific curriculum guides, lesson plans and newsletters to incorporate the program into their core mathematics, social studies, business, economics and language arts programs. For more on the Stock Market Game please visit: http://www.stockmarketgame.org.

About the SIFMA Foundation for Investor Education
The SIFMA Foundation is dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds. Drawing on the support and expertise of the financial industry, the SIFMA Foundation provides financial education programs and tools that strengthen economic opportunities across communities and increase individuals’ access to the benefits of the global marketplace. Notable Foundation programs include the Stock Market Game, which has served more than 14 million students since it began in 1977, the InvestWrite national essay competition, and the Capitol Hill Challenge. For more information on the work of the SIFMA Foundation, visit http://www.sifma.org/foundation.

About SIFMA
The Securities Industry and Financial Markets Association (SIFMA) brings together the shared interests of hundreds of securities firms, banks and asset managers. SIFMA’s mission is to support a strong financial industry, investor opportunity, capital formation, job creation and economic growth, while building trust and confidence in the financial markets. SIFMA, with offices in New York and Washington, D.C., is the U.S. regional member of the Global Financial Markets Association (GFMA). For more information, visit http://www.sifma.org.

SHARE

Before you comment

The comments section is here to provide a platform for civil dialogue on the issues we face together as a local community. Xpress is committed to offering this platform for all voices, but when the tone of the discussion gets nasty or strays off topic, we believe many people choose not to participate. Xpress editors are determined to moderate comments to ensure a constructive interchange is maintained. All comments judged not to be in keeping with the spirit of civil discourse will be removed and repeat violators will be banned. See here for our terms of service. Thank you for being part of this effort to promote respectful discussion.

15 thoughts on “Local students place eighth in national Stock Market Game

  1. Dave Renard

    I was suggested this website by way of my cousin. I am now not positive whether or not this put up is written via him as no one else realize such special approximately my difficulty. You’re wonderful! Thank you!

  2. Florencia Pettey

    This site definitely has all of the info I needed about this subject and didn’t know who to ask.

  3. Latia Maclurcan

    Your style is very unique compared to other people I’ve read stuff from. Thank you for posting when you have the opportunity, Guess I will just book mark this web site.

  4. Casey Macrossan

    It’s a shame you don’t have a donate button! I’d most certainly donate to this outstanding blog! I guess for now i’ll settle for book-marking and adding your RSS feed to my Google account. I look forward to fresh updates and will share this website with my Facebook group. Chat soon!

  5. Heath Ackerman

    Since the admin of this website is working, no doubt very soon it will be well-known, due to its feature contents.

  6. Eugenia Hartmann

    What’s up friends, its enormous post regarding teachingand entirely explained, keep it up all the time.

  7. Celinda Van Raalte

    Can I simply just say what a relief to find an individual who genuinely knows what they are talking about on the web. You actually realize how to bring a problem to light and make it important. More and more people have to check this out and understand this side of your story. It’s surprising you’re not more popular because you certainly have the gift.

  8. Brigette Sheedy

    I’m not certain where you’re getting your information, but great topic. I needs to spend a while studying much more or working out more. Thank you for magnificent info I used to be looking for this info for my mission.

  9. Mitchell Blosseville

    Fabulous, what a web site it is! This webpage provides valuable data to us, keep it up.

  10. Marshall Sidaway

    I’ll right away clutch your rss feed as I can not to find your e-mail subscription hyperlink or e-newsletter service. Do you have any? Kindly let me realize in order that I may subscribe. Thanks.

  11. Ophelia Eller

    Now I am going away to do my breakfast, later than having my breakfast coming over again to read additional news.

  12. Ingrid Eggers

    Excellent article. Keep writing such kind of info on your blog. Im really impressed by it.
    Hello there, You’ve done a great job. I’ll certainly digg it and personally suggest to my friends. I’m sure they’ll be benefited from this site.

Leave a Reply

To leave a reply you may Login with your Mountain Xpress account, connect socially or enter your name and e-mail. Your e-mail address will not be published. All fields are required.