Forman and Stern 5th Graders Participate in the Stock Market Game
Students in 5th grade at both the Forman and Stern Centers are gearing up for their participation in the Stock Market Game, a competition in which students are taught about the fundamental principles of finance and economics. Students are placed into teams, each charged with the task of investing a hypothetical $100,000 in an on-line portfolio. The Stock Market Game gives students the opportunity to sharpen essential skills that they will use throughout their lives such as critical thinking, decision-making, cooperation and communication, independent research, saving and investing. Students compete with teams throughout the United States and from all over the world.
In preparation for the competition, Forman Center grandparent Bruce Goldstein, and Stern Center parent David Magerman along with alumni parent Norm Nelson, spoke to the respective 5th grade classes, improving their financial literacy, and teaching them about the stock market, a company’s value vs. its share price, and the risks of investing. Students showed tremendous interest in the subject and asked many insightful, and even challenging questions.
This year, Perelman Jewish Day School has 16 teams between the two campuses. We look forward to following their investment strategies as the competition unfolds.