Photo courtesy Brad Kennett
TYCOONS—Personal finance students (L-R)junior Kylee Cramer and seniors Jacey Kulm and Caitlyn Marquardt pose with their second place medals after the Stock Market Challenge.
Team from WHS takes second in J.A. Stock Market Challenge
Three personal finance teams finish in top 10
By Carter Shields and Ganin Thompson
Three teams from WHS finished in the top ten of the Third Annual Junior Achievement Stock Market Challenge March 19 at the Sioux Falls Convention Center.
A total of 27 teams from the surrounding area competed, including six from WHS as well as teams from Roosevelt, New Tech, CTE, Sioux Falls Christian, O’Gorman, Harrisburg and Watertown High Schools, competing in the event sponsored by the University of South Dakota (USD) Beacom School of Business.
Teams began with a mock portfolio of pre-selected stocks worth one million dollars, then went through 90 days of trading condensed into a short amount of time. During this time, the teams received stock tips, conducted trading and tried to earn as much as possible.
WHS had a great showing with three teams finishing in the top ten, including the second, third and seventh place teams.
The second place team consisted of junior Kylee Cramer and seniors Jacey Kulm and Caitlyn Marquardt.
Cramer said she enjoyed the competition.
“It was fun,” Cramer said. “I met a lot of new people, and they had great cookies.”
The winning team was from Sioux Falls Christian. Members of that team won a scholarship that pays for one-half of housing at USD for up to four years, worth over $8,000.
Personal finance teacher Brad Kennett also participated in a similar version of the contest designed for the instructors. He said he did not do well, but was very pleased with his students and the day as a whole.
“I learned a lot and had a lot of fun,” Kennett said. “We had three teams in the top 10 and I felt super bad for the second place team because I know they wanted the $8,000 scholarship. I expected myself not to do so hot, because of all the big companies spending large amounts of money, but it was still a whole lot of fun for me and the students.”