The money was imaginary, but the lessons were real for the students at St. Brendan School who participated in the Stock Market Game this spring. The Norwood school had 65 teams of three competing with over 750 other teams in the region and boasted several teams who were at the top of their divisions.
Starting with a virtual cash account of $100,000, the students worked to create the best-performing portfolios using a live trading simulation. One of St. Brendan’s 5th grade teams, made up of Terrill Daniel, Caitlin Harrison and Neal McAllister, won first place in their division.
An eighth-grade team finished second, a sixth-grade team finished fourth, and a seventh-grade team placed sixth in their divisions.
Computer teacher Mary Thompson, who led the project, said the kids often asked to stay late so they could buy one more stock. She said part of their success came from including a strong math student in each team. The teams earned from $3,400 to $7,000 each from their investments.
The students received ribbons and certificates from the New York Stock Exchange, and the winning fifth-grade team attended an awards luncheon at New York University on June 15.
The top placing investors are: Caitlin Harrison, Terrill Daniel, Neal McAllister, Eucherius Rosario, Michael Perdomo, Elena Peralta, Rochelle Amoncio, Toni Mackey, Gregory St. Mark, Ivan Kaloyanov, Donika Bruncaj, Cierra Forbin.
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Welcome to the Norwood News, a bi-weekly community newspaper that primarily serves the northwest Bronx communities of Norwood, Bedford Park, Fordham and University Heights. Through our Breaking Bronx blog, we focus on news and information for those neighborhoods, but aim to cover as much Bronx-related news as possible. Founded in 1988 by Mosholu Preservation Corporation, a not-for-profit affiliate of Montefiore Medical Center, the Norwood News began as a monthly and grew to a bi-weekly in 1994. In September 2003 the paper expanded to cover University Heights and now covers all the neighborhoods of Community District 7. The Norwood News exists to foster communication among citizens and organizations and to be a tool for neighborhood development efforts. The Norwood News runs the Bronx Youth Journalism Heard, a journalism training program for Bronx high school students. As you navigate this website, please let us know if you discover any glitches or if you have any suggestions. We’d love to hear from you. You can send e-mails to norwoodnews@norwoodnews.org or call us anytime (718) 324-4998.