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Penns Valley senior excels in stock market game

by on February 22, 2018 8:47 AM

SPRING MILLS — Chris Colwell, a Penns Valley High School senior, won first place in Week 1 of the Centre County Stock Market Investment Program and Challenge, which also put him in the top spot in the state for his high school's division.

The winter session of the contest, sponsored by Lion Country KIA, Kish Bank and ProAct LTD, began Feb. 5 and continues to Friday, April 13. The program is provided by the Pennsylvania Council of Financial Literacy.

Participating high schools in the Centre County competition are Bald Eagle, Bellefonte, Central Mountain, Penns Valley, Philipsburg-Osceola, State College and Grace Prep. 
 

The Stock Market Game is a national competition that teaches high school students the basics of the stock market. It is an interactive simulation where critical thinking, decision making, cooperation, research, investing and communication are required in order to succeed.
Students in grades nine through 12 start with $100,000 in hypothetical money and “invest” it in stocks, bonds and mutual funds. The team with the most money in its portfolio at the end of the 10-week competition wins. A team can be made up of one individual or a group of students.

Colwell, who worked under the guidance of teacher Eric Weaver, won with a return of 15.06 percent, well above the second-place finisher, the Bald Eagle High School team, which netted a profit of 2.45 percent. State College High School’s team finished third, with a profit of 1.29 percent.

Colwell is not the first Penns Valley student to achieve the highest value in the state of Pennsylvania in this competition. In 2012, Kyle Myers, with guidance from teacher Jane Brooker, took first place in the state, finishing with more than $40,000 in profits over the 10-week investment period.

 

 

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