“I check the sports scores first thing in the morning. They check their stocks.”
Simply put, that’s Loudonville sixth grade teacher Michael Springstead’s analysis of the sheer excitement his students had about The Stock Market Game this year. For 12 weeks, two of Springstead’s students bought and sold stocks everyday with a mock $100,000 that was given to them in November. The students then competed against 51 other Capital Region middle school teams, landing in first place.
“Buying stocks was pretty fun, but winning was pretty fun too,” said sixth grader Robert Fratangelo with a smile.
He and his classmate Peter Mostert made it part of their morning routine to track their daily rankings, buy, and then sell stocks in real time. Springstead said he offers a little bit of guidance throughout the process and encourages parent input, but ultimately lets the students have fun and learn.
“I introduce them to it, give them a little taste, and then let them do it,” he said. “To hear their discussion is great. You hear them say, “We should sell this! Look at McDonald’s, it went down $1.00! But Google is up 10 percent!”
This is Springstead’s 17th year of bringing The Stock Market Game into his classroom, a game which was developed on the principle of “virtual investing, real-world learning.” Springstead said he could not agree more.
“I was a business major, but I never really learned about the stock market until after I graduated,” he said. “The Stock Market Game gives students a little exposure to it. You hope when they get older, they realize they know how to invest.”
For more information on The Stock Market Game, click here.