On
Monday morning, Emily Magoon was surprised with the news that she had won the
InvestWrite Competition for the entire State of Maine. InvestWrite is part of
the Stock Market Game Program sponsored by McGraw Hill Financial that teachers
in RSU14 voluntarily incorporate into their curriculum. The program is for
students in grades four through 12 to help develop the personal financial savvy
needed to make real-world financial decisions.
The
Windham Middle School sixth grader had just completed a group presentation for
Aaron Vachon’s social studies class, when Elizabeth Reidel from InvestWrite
came in to present Magoon with balloons, a certificate, a $100 American Express
card and a trophy. Magoon’s mother, Candice Pierce, came to celebrate with her
daughter and brought a “flat daddy”, a picture of Magoon’s father Staff
Sergeant Peter Pierce, who is stationed in Afghanistan.
Magoon
was one of four students in Vachon’s class who did the optional essay to
describe a product in her portfolio and tell about the service or products,
then compare the stock to a different stock in the same area. Magoon compared
McDonalds and Chipotle Mexican Grill.
The 20,000 essays were read and evaluated by financial services
industries professionals, according to Reidel.
“She
loves to write,” Candice said. Magoon would like to be a novelist when she
grows up.
“I’m
so excited. I really, really like writing. I’m excited I got to have this
experience,” she said.
Candice
had known about the award for a couple of weeks and had a conversation with
Magoon about the contest.
“What
are the chances that two kids from the same school, same class, would win two
years in a row?” Candice asked. Magoon doubted it, but she’s a believer now.
“SIFMA
Foundation’s Stock Market Game and InvestWrite are transformative programs that
prepare students like Emily Magoon for college, career and life while teaching
them about the capital markets,” said Melanie Mortimer, Executive Director of
the SIFMA Foundation.
From
Magoon’s essay:
“Chilpotle uses
naturally-raised beef, chicken and pork, along with zero trans-fat frying
oil…This is a very salubrious alternative to quick and easy dining when you’re
on the go.”
“One of
Chipotle’s unhealthier competitors is McDonalds. But, while McDonalds may be popular it isn’t
the healthiest food choice...Personally, I feel that this is mainly because of
the fight against obesity in the United Sates.”
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