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School Teams Honored for Market Savvy
National Stock Market Games recognize the top financial minds of New Mexico.
Members of the first-place Zia Elementary team talk about their experience in the Stock Market Game, as Doug Brown, Dean of the UNM Anderson School of Management, left, looks on.
May 8, 2012
Students across New Mexico joined thousands of their peers for the annual Stock Market Games. The SIFMA Foundation, Fidelity Investments and the UNM Anderson School of Management, the game’s sponsors, recently honored about 50 young investors—many of them Albuquerque Public Schools students—for their success in battling the market.
A session of the game is played each semester. For the fall semester, Zia Elementary teams took first and second place in the Elementary Division. In the Middle School Division, Taylor Middle School took the top two spots, while La Cueva High took third in the High School Division. Zia is coached by Rene Hedemann, Taylor is coached by Mark Hillmeyer and Ed Lucero coaches La Cueva.
Taylor teams took second and third in the second semester’s contest in the Middle School Division.
Another component of the contest is the InvestWrite Essay Competition, which requires all participants in the Stock Market Game to write an essay about their investment strategy and shows their understanding of the market. Students are divided into upper and lower divisions, and two APS elementary students won their division.
Cam Kuykendall of Zia Elementary earned the InvestWrite award for the fall semester. His teacher is Rene Hedemann. For the spring semester, Stephen Miller of Marie Hughes Elementary earned the award. His teachers are Karla Kellogg and Tamara Judge.
Nearly 5,400 students learned the principles of investing through the Stock Market Game, an online investment simulation game. Students worked in teams to grow their $100,000 virtual cash accounts into a top-performing portfolios, while practicing leadership, organization, negotiation, and cooperation.