24 May Three Seniors on Winning Team Beat S&P 500 by 6.5% AND Do Better than 65% of Large Cap Fund Managers
Out of 345 participating teams from the state of Arizona, the winning team from Carl Hayden High School took 7th place. Comprised of three girls (Ann Bueno, Marisol Jimenez and Maria Reyes Santiago), the Carl Hayden winning team diversified their investments in as many as 22 stocks in various industries and ultimately beat the S&P 500 by 6.5%, thereby outperforming 65% of Large Cap Fund Managers.
During the Stock Market Game, the seniors studied the workings of the stock market as well as the importance of investing in their future. They traded stocks for a nine-week period with the goal of making the largest profit. Classroom instruction accompanied the program with lessons in investment markets and economics. The students researched their stocks and applied what they learned to their portfolio.
The SIFMA Foundation’s acclaimed Stock Market Game™ program is an online simulation of the global capital markets that engages students in grades 4-12 in the world of economics, investing and personal finance, and prepares them for financially independent futures. More than 700,000 students take part every school year across all 50 states. The Stock Market Game has reached 13 million students since its inception in 1977.
An independent study by Learning Point Associates found students who participated in the SMG program scored significantly higher on mathematics and financial literacy tests than their peers who did not. They also found that teachers who taught SMG reported the program motivated them to better plan for their future and to engage in financial planning, research, and use of investment products and services.
Susan Ford, the teacher of the winning team, also received a stay-cation at the Gainey Suites Hotel in Scottsdale. The second place team was Kimberly Avalos and Linda Tapia. Third place team was Roberto Romero and Miguel Gonzalez. Fourth place team was Oscar Rodriguez and Angela Leyva. Congratulations to the winners as well as the entire senior class of Carl Hayden High School. Best wishes for your financial futures.