Ashville Middle School recently gave its students the chance to “play the stock market.”
AMS math teacher Jenni Carden was instrumental in getting this started by doing a series of lessons so students could learn more about the stock market and how the economy works in general.
“Students were given a hypothetical $100,000, and had 10 weeks to invest it,” Carden said. “The investment gains and losses were based on real time stock market prices. Once the game started, the teams made decisions about what to buy and sell.”
Carden said the students were ranked based on the value of their portfolio at the end of the 10 weeks. AMS students competed against 300 other middle school teams in the North Alabama District, and had the top two teams in the competition.
The top team consisted of Brad Naish and Jonathan Gladden, who made a 12-percent return on their money.
“This was fun,” Naish said. “It was very exciting throughout the entire process.”
Gladden said it was exciting competing with other teams, and beating them. Not only did Naish and Gladden finish first in North Alabama, they finished fifth in the nation out of 914 other teams.
The second place team had three members on it, and they were Rilly Findley, Megan Dailey and Cynthia Pruett. They made a nine percent return on their money.
“I am so very proud of these students,” Carden said. “They worked very hard, and took it very seriously. They invested in things that they know about.
“They spent their money to invest, and then buy and sell. The younger age kids invested in things they know about. Things like Netflix, Aeropostale, etc. Companies they use and are familiar with.”
AMS Principal Phillip Johnson said he was excited that the students had the opportunity to be successful playing the game.
“Hats off to them for working so hard,” Johnson said. “It’s a real world problem they were able to solve working with the stock market, and using some of those high-level thinking and analytical skills.”