9th Grade Academy students win competition
Most people consult their financial advisors for investing tips and strategies. Now you might find the top advisors at your local school. Out of 100 teams, students from the Canton Ninth Grade Academy, coached by Teena Ruth, were named Region 3, First and Second place winners in the Fall high school division of the Mississippi Stock Market Game (SMG).
The first-place team had a return 5.75 percent above the S&P 500 and grew its portfolio to $110,285. The second-place team had a return of 5.3 percent above the S&P 500 and grew its portfolio to $109,834. We are so proud of our students!
Teachers have consistently remarked about the positive influence the SMG has had on their students. From better attendance and increased engagement and participation in class to higher test scores and improved academic performance. A study confirms these anecdotes that the Stock Market Game engages students and improves academic performance, financial knowledge, and saving and investing habits.
The simulation is one of the most effective learning tools available about the free enterprise system for students in grades four through 12. The program enables teams of students to invest a hypothetical $100,000 in the stock market over a 13-week period. Winners are determined on the percentage return above or below S&P 500 growth.
MCEE will award prizes to each first and second-place team in each region from each division to be presented at the school’s local awards ceremony this spring.
The SMG is made possible by the support of more than 600 securities firms, combined with grass-roots support in schools and communities. It is the only stock market simulation supported by the New York Stock Exchange and the Nasdaq Stock Market.
Sponsors for the Fall 2019 SMG program are Atmos Energy, Bank First, BancorpSouth, CFA Society Mississippi, Entergy, Ingalls Ship Building, MGM Resorts Foundation, Regions Bank, and Trustmark National Bank.
The Mississippi Council for Economic Education (MCEE) envisions a world in which people are empowered through economic, entrepreneurship, and financial literacy to make informed and responsible choices throughout their lives as consumers, savers, investors, workers, citizens, and participants in our global economy.
The first place team consists of Jamiah Smith, Shemar Porter and Amira Morment.
The second place team consists of Ariana Dunbar, Tyrese Payton-Murry and A’bryionah Waters.