Browns River sweeps elementary and middle school stock market game, Mill River top Vermont high school

first_imgTwo student teams from Browns River Middle School, both coached by math teacher Suzanne McDevitt, won the spring 2011Vermont Stock Market Game competition.   The winning elementary school team was sixth graders Jacob Cann, Michael Phalen, and Cameron Main and the middle school team was seventh graders Connor Morway and Easton Baker. All five of the students are from Jericho. Teams start with $100,000 and buy and sell stocks for ten weeks, learning how to analyze financial statements, graph stock prices, and research company history and information.  The elementary school team ended $103,394 and the middle school team ended the competition with $122,543. An awards presentation will be held at Browns River Middle School on Wednesday, May 18 at 11:50 am for the elementary school team and 12:35 pm for the middle school team. The winning high school team was from Mill River Union High School in Clarendon.  Students Garrett Stearns, Ryan Hammond, and Alan Patch, working with business teacher Cindy Roberts, turned their initial $100,000 into $116,489 over the ten week period.  The date of their award presentation has not yet been finalized. Nearly 1,000 students from 37 schools around the state participated in the spring competition, which ran from January 31 to April 8.   The Stock Market Game, coordinated in Vermont by the Vermont Council on Economic Education, is an on-line teaching tool, which aims to educate Vermont students about personal finance at an early age so they are prepared to make smarter financial decisions and are less likely to have debt in the future.  ‘The Stock Market Game is one of many opportunities that Vermont teachers at all grade levels are using to teach their students about economic reasoning and financial literacy,’ said Art Woolf, executive director of VCEE. ‘The game, while played for only a few months, teaches students the value of long-term investing and how to balance long term gains with short term risk.’The Vermont Council on Economic Education (VCEE) is a nonprofit corporation dedicated to promoting economic education and literacy to Vermont students by providing economic instruction and resource materials to Vermont teachers at all grade levels in public and private schools.  The Stock Market Game is a national game organized and run by the Securities Industry and Financial Markets Association Foundation. May 17’Burlington, Vermont ‘last_img