Stock Market Club Accrues Victories
Middle schoolers took stock of an uncertain economy to earn a repeat victory in the SIFMA Foundation’s spring Stock Market Game. The five boys are part of the Middle School Stock Market Club that recently placed first out of 304 area middle school teams.
The team also earned the championship title at the fall competition earlier this year.
Congratulations to Saarth Bagdure ’30, Corbin Reed ’30, Asher Saluja ’30, Dhilan Saluja ’30 and Halston Miller ’30. Statewide, St. Mark’s ranked seventh out of 4,325 teams, which also included high school teams.
The savvy investors took an (imaginary) investment of $100,000 and placed virtual stock market trades throughout the spring. While most of the market saw only losses or modest gains, the Middle School Stock Market Club posted an impressive return of 22.5%, ending the game with a portfolio balance of $122,494.84. The club would meet during flex time to discuss companies, stocks and portfolios, researching what stocks to buy while following strict competition rules.
“Our focus as a team was on looking for stocks that were overvalued and placing trades that bet on them going down,” said Dhilan Saluja. “We shorted Carvana, for instance, which made us the most money during the game, so I guess that was my favorite stock.”
The Stock Market Game is an online simulation of the global capital markets that engages students in grades 4-12 in the world of economics, investing and personal finance and has prepared nearly 20 million students for financially independent futures. The game is organized by the SIFMA Foundation, a nonprofit dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds.
The team also earned the championship title at the fall competition earlier this year.
Congratulations to Saarth Bagdure ’30, Corbin Reed ’30, Asher Saluja ’30, Dhilan Saluja ’30 and Halston Miller ’30. Statewide, St. Mark’s ranked seventh out of 4,325 teams, which also included high school teams.
The savvy investors took an (imaginary) investment of $100,000 and placed virtual stock market trades throughout the spring. While most of the market saw only losses or modest gains, the Middle School Stock Market Club posted an impressive return of 22.5%, ending the game with a portfolio balance of $122,494.84. The club would meet during flex time to discuss companies, stocks and portfolios, researching what stocks to buy while following strict competition rules.
“Our focus as a team was on looking for stocks that were overvalued and placing trades that bet on them going down,” said Dhilan Saluja. “We shorted Carvana, for instance, which made us the most money during the game, so I guess that was my favorite stock.”
The Stock Market Game is an online simulation of the global capital markets that engages students in grades 4-12 in the world of economics, investing and personal finance and has prepared nearly 20 million students for financially independent futures. The game is organized by the SIFMA Foundation, a nonprofit dedicated to fostering knowledge and understanding of the financial markets for individuals of all backgrounds.
St. Mark’s School of Texas
10600 Preston Road
Dallas, Texas 75230
214-346-8000
Dallas, Texas 75230
214-346-8000
About Us
St. Mark’s School of Texas is a private, nonsectarian college-preparatory boys’ day school for students in grades 1 through 12, located in Dallas, Texas. St. Mark’s aims to prepare young men to assume leadership and responsibility in a competitive and changing world.
St. Mark’s does not discriminate in the administration of its admission and education policies on the basis of race, color, religion, sexual orientation, or national or ethnic origin.
St. Mark’s does not discriminate in the administration of its admission and education policies on the basis of race, color, religion, sexual orientation, or national or ethnic origin.
