The Next Generation of Investors: Student Teams from Nibley Elementary and Ridgeline High School Win the Utah Stock Market Game
Students from Nibley Elementary's winning sixth-grade team pose for a picture with teacher Michael Torrey, Principal Kelly Rindlisbacher, and CCSD Executive Director of Elementary Education, Gary Thomas.
Once again, students in Cache County School District performed well in the Utah Stock Market Game. Nibley Elementary students definitely made their mark this year. A team comprised of sixth graders MaCade Brown, Brooklyn Bishop, and Kaid Johnson came in first for their division in the competition. Impressively, not only did their team take first place, but teams from Nibley Elementary held the top six places when the game had finished. In the high school division, Ridgeline’s team, led by teacher Joseph Johnson, also won first place. Each winning team member was invited to attend an award banquet in Salt Lake City with state financial leaders. There, they received a plaque and a $50 certificate to invest in a college 529 Savings Plan.
Over the course of ten weeks, elementary students across the state participate in the Utah Stock Market Game. The game is designed to help students learn about the financial principles behind the stock market. Students are responsible for researching and comparing information about companies. They use this knowledge to make educated predictions about stock performance and investment opportunities. The teams are welcome to “buy” or “sell” stocks with their virtual money however they choose. Students learn about what stocks are, how they are issued and traded on the stock market, as well as how their personal lives are influenced by our financial markets. Each team of students is given $150,000 of virtual money to invest in a real-time simulated stock market experience. They watch with bated breath as their precious investments travel the rollercoaster-type-course across the course of the stock market. The team with the best return to investment wins the game.
In addition to learning the ins-and-outs of the stock market, students who participate in the game learn about hard work, teamwork, and patience as they wait and watch to see if their financial decisions pay off. Nibley Elementary competed in the Elementary division with over 100 teams from various schools from across the state. “This is the first exposure that most of these students have to these types of financial concepts,” teacher Michael Torrey explained. “They performed extremely well.”
Congratulations to the Nibley Elementary sixth grade teams as well as the Ridgeline High School team for representing our District so well!