Two teams from Chesterfield County Public Schools made a lot of (virtual) money in the Stock Market Game. In the annual game organized by the Virginia Council on Economic Education, student teams compete for awards by investing $100,000 in a virtual portfolio across 10 weeks.
Swift Creek Middle team coached by John Randall: Team members Tomas Duque and Bruce Corl earned a 23.6% profit, placing first in Virginia for middle school teams this spring. Their final portfolio was valued at $126,125.17.
Manchester High team coached by Paul Kline: Team members Peter Blum, Engel Jefferson and Jackson Mills earned a 39.8% profit, beating out more than 1,000 other teams across Virginia. Their final portfolio was valued at $134,982.35, making them the top high school team and the overall top team.
To celebrate their achievements, Manchester High and Swift Creek Middle joined other top teams during a May 18 event at the Federal Reserve.
To put their investment accomplishments in perspective, the Dow Jones Industrial Average earned only a 1.8% return and the S&P 500 earned only a 5% return during the same period.