It’s more recognition for the ability of Raymond students to invest wisely as the SIFMA Foundation has announced the winners of the Fall 2022 Stock Market Game competition in Maine.
Students at Jordan-Small Middle School in Raymond were honored with first- and second-place awards in the Elementary School category and first place in the Middle School category for the fall time period.
Participating students in the Stock Market Game learn first-hand the value of long-term investing via an online educational program used by Maine teachers to boost students’ math, economics, and personal finance knowledge, while also improving their test scores and instilling essential skills for financially independent futures.
Playing individually or in teams of up to five, students use a simulation with an imaginary investment of $100,000 to trade stocks, bonds, mutual funds, and exchange-traded funds on the New York Stock Exchange and NASDAQ.
The students conduct research and follow global news that can impact financial markets, then place trades in real-time via computer or the SMG smartphone app, competing with peers in their classroom and with teams across the state to increase their portfolio value. In addition, students can choose socially responsible investments by selecting companies in alignment with the United Nations’ Sustainable Development Goals.
They also compete with peers in their classroom and with teams of other students in schools across the state to increase their portfolio value.
The Stock Market Game™ curricula, lessons, and hands-on student activities combine content knowledge, critical thinking, research and analytical skills in a state-of-the-art real-world simulation. The online Teacher Support Center offers teachers a rich resource of over 1,000 lesson plans that reinforce Maine teaching standards, STEM students enhance their knowledge in core curriculum subjects including math, language arts, economics, and social studies. They also develop life skills such as financial preparedness, teamwork, and business knowledge.
Under the direction of JSMS teacher Jack Fitch, Jordan-Small students are perennial winners in the Stock Market Game competition and are now working on continuing their success in spring competition for the 2022-2023 school year.
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, with a focus on youth. Drawing on the involvement and expertise of educators and 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 enabled more than 20 million students to become financially prepared for life, the InvestWrite® national essay competition, the Capitol Hill Challenge™, and Invest It Forward®.
SIFMA is the leading trade association for broker-dealers, investment banks and asset managers operating in the U.S. and global capital markets. On behalf of the investment industry’s nearly 1 million employees, SIFMA advocates for legislation, regulation and business policy, affecting retail and institutional investors, equity and fixed income markets and related products and services. We serve as an industry coordinating body to promote fair and orderly markets, informed regulatory compliance, and efficient market operations and resiliency. It also provides a forum for industry policy and professional development. 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 www.sifma.org. <