Mark Martin, math teacher at Boulan Park Middle School in Troy, kicked off this semester’s “After School Stock Market” program with 20 students.
They were given $100,000 each – in play money, don’t worry – to invest in the stock market during the months of February and March, using software provided by the Securities Industry and Financial Markets Association called “The Stock Market Game.” This game simulates the real-world stock market and engages students in grades 4 through 12 in the world of economics, investing and personal finance.
When explaining the activity to the students, Martin used Apple as an example, explaining how a stock establishes its value and that stocks manifest their worth only when people want to buy or sell them. He explained to the students how any number of factors could influence a stock’s worth – that seemingly non-economical factors, like when Apple’s CEO Steve Jobs announced he had cancer, can affect an individual stock, or even the market as a whole.
“These kids learned a lot over the 10 weeks. And although it is ‘play money,’ that’s the best way to learn,” said Martin.
–Submitted by Patrice McDonald Rowbal
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