AMS Tops in Stock Market Game
Armuchee Middle Tops in Stock Market Game
Posted on 01/29/2010
Students in Jane Hackney’s class at Armuchee Middle School have become regulars in the winner’s circle of the annual Stock Market Game coordinated by the Georgia Council on Economic Education. In the fall, when the 2009 session of the Stock Market Game started on September 28, the Dow stood at 9,789. When trading ended on December 4, the Dow had climbed to 10,389. Along the way, Douglas Alan King, Jr., Ben Fowler, Dalton Tucker, Bradley Rogers, and Jarred Peoples led by their teacher Jane Hackney at Armuchee Middle School used reading, math, analytical skills, and teamwork to win the Stock Market Game for Floyd County Schools with a winning portfolio value of $122,225. The Armuchee team finished 28th in the state with over 4,000 teams participating.

It’s not real money but the lessons these students learn about economics, financial planning, and the importance of research are lessons about economics and financial literacy that can pay dividends later in life. Each year, more than 35,000 students in public and independent schools participate in the Stock Market Game in Georgia, one of the largest competitions in the country. During the fall and spring semesters, teachers use the program to help upper grade school and high school students learn about economics, private enterprise, and investing by researching publicly-traded companies on the Internet, reading business publications, and crunching numbers.

Every team starts out with a hypothetical portfolio value of $100,000. Students can purchase stocks, buy on margin, sell short, and invest in mutual funds or bonds. The idea behind the program is to create a realistic investing scenario where students can build a portfolio using skills and subjects they learn in the classroom, like reading, math, science, reasoning, teamwork and decision-making. After ten weeks, the team with the highest portfolio value wins. One winning team is selected for each public school district, or geographic region in the case of independent schools. Winning teams from around Georgia will be honored at the annual Stock Market Game Awards Luncheon in Atlanta on May 4 at the Georgia Freight Depot. An estimated 550 students, teachers, and parents are expected to attend. This year, GCEE will celebrate the 30th anniversary of the Stock Market Game in Georgia.