MN Jump$tart Kickoff’s Financial Literacy Month with BestPrep’s Stock Market Game!

BP Stock Market Game   IMG_0664

 

Minnesota Jump$tart Board was able to kickoff Financial Education month by joining BestPrep for a kick off session of The Stock Market game.  5th grade students at Chanhassen Elementary School were introduced to the The Stock Market, a competition amongst hundreds of students in Minnesota where teams of 2-5 students work together to invest $100,000 in virtual money in a portfolio of individual stocks traded on the NYSE and NASDAQ in the hopes that their portfolio only goes up by end of the competition in late May.  During this kickoff session, the students were introduced to compounding, diversification of investments and how to perform basic research on a stock amongst other invaluable investing topics.  When asked about possible companies to invest in, students mentioned such well known companies as Chipotle, Nike, Apple, McDonalds, Amazon and Facebook.  The level of knowledge these students have is quite impressive.  I wouldn’t be surprised if this session’s winner of The Stock Market game comes from Chanhassen Elementary’s 5th grade class!

Here is a link to learn more about BestPrep’s Stock Market Game

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