A Lower School Investment Club team comprised of Jake Wardlaw and Rafael Lopez came in second place in the western region for their participation in "The Stock Market Game".
"It was fun to buy many different stocks and learn about how much risk I took when buying those stocks. I learned which stocks are conservative, which stocks were moderate, and which stocks were speculative,” said Rafael Lopez.
Sponsored by the North Carolina Council of Economic Education, the Stock Market Game is a national and state level game. Each team involved receives $100,000 to invest in a simulated brokerage account. The teams are ranked based upon how much money they earn in the market over an eight week period.
Jake and Rafael are members of the the Lower School Investment Club, which was created as a pilot program by the Head of Lower School, Erin Harper and PD parent and volunteer Tina Taylor. The club focuses on providing an introductory investment club opportunity for 4th and 5th graders in order to introduce the world of investing and to drive interest of both boys and girls at such a young age. After the soft launch of the program in November of 2018, a total of 40 children signed up. The students were divided into two clubs with 19 participants in the boys club and 21 in the girls club. Overlapping meetings occurred between the two clubs and the same curriculum was followed across both groups.
"I really enjoyed Investment Club. We learned how to research different funds and companies using Yahoo Finance to come up with decisions on which funds to buy and sell". -Jake Wardlaw
The Investment Club program was used as the foundation for the "Stock Market Game". Of the top 20 teams in the region, 15 were from PD. The State awards prizes for the top three teams in each region.