Brunswick Middle students achieved first place among the 91 middle schools competing statewide in this year’s Stock Market Game™ (SMG) year-long competition. Starting with a virtual cash account of $100,000, the team made $14,994 in virtual profit. Teachers Jennifer Bean and Kim Schmidt advised the students, who used a very diversified portfolio, investing in Amazon as well as Netflix and Nike. Winning team members are Ellie Bailey, Sam Bailey and Alan Crosen.
In the SMG simulation students use a live trading simulation to manage an on-line portfolio. Working in teams they fine tune math skills to calculate their returns and gain skills in leadership, organization, negotiation and cooperation as they compete for the top spot. Teams trade virtual common stocks and mutual funds from the NYSE, Nasdaq and AMEX exchanges, earn interest on cash balances, pay interest if buying on margin and pay a commission on all trades.
At the regional level in fall 2017 competition, Thurmont Middle placed first at the middle school level with team members Austin Dozier, Brayden Grable, Nicholas Grossnickle, Gabriel McDonald, Drew Potter and Gavin Sotzsky and teacher Candace Desonier. Catoctin High placed first at the high school level with team members Jared Deviney, Brandy Gregory, Arielle Mumm, Cameron Schrader and Alissa Zentz and teacher Robert Phelan.
According to the Maryland Council on Economic Education, which sponsors the game's Maryland/DC-area competition, the SMG provides a fun experience for students who want to learn more about economics and see how their classroom lessons apply to the real world.
In addition to celebrating SMG achievements, the Council recognized Windsor Knolls Middle student Kiera Burger for her statewide InvestWrite winning essay in the 6-8 Grade Division in fall 2017. InvestWrite is an opportunity for schools to enhance the SMG program experience through a competitive writing component. According to Kiera’s advisor, Advanced Academics Specialist Lori Saylor, Kiera’s essay was judged by 200 reviewers in the financial field. Kiera received a monetary award.
The Council also celebrated winners of the poster contest it sponsored with the theme, A Picture Is Worth a Thousand Words. Its purpose was to help teachers stimulate students’ interest in basic economic and personal finance concepts. Middletown Middle students Natalie Fox and Morgan Vandre were among the winners whose artwork will appear in the Council's upcoming calendar.