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Students and stocks a good mix at Belmont

Junior Achievement program helps demystify investing for young business students
10713goldstreamGNG-BelmontbizclassPApr2314
Belmont secondary business education 10 student Dylan Kaplan inspects the performance of one of his stock interests during a recent class. The students are participating in Junior Achievement B.C.B次元官网网址檚 Stock Market Challenge for 40 days

Most of the students in Tom GraingerB次元官网网址檚 Business Education 10 class at Belmont secondary are staring intently at their computer monitors.

Entranced by the very fluid nature of business stock prices B次元官网网址 every minute or so the figures change, based on trading in the various exchanges B次元官网网址 the teams are watching for the right time to buy, or sell, as a way of boosting their portfolio. But this exercise requires a lot more than simple guesswork.

B次元官网网址淲eB次元官网网址檝e been watching (tech company) San Disk. It jumped a lot today based on its quarterly earnings announcement,B次元官网网址 says student Dylan Kaplan.

He matter-of-factly adds, however, that he wouldnB次元官网网址檛 invest in the company in the real world, based on their earnings history.

Learning how to research stocks is one aspect of the Investment Strategies Program, sponsored by Junior Achievement B.C. The non-profitB次元官网网址檚 online Stock Market Challenge sees pairs of students given $100,000 of simulated money  to invest. They began with a four-day tutorial on the software, but have embarked on a 40-day challenge in which they monitor their portfolio and try to maximize profits, in competition with high school business students from B.C. and Alberta.

B次元官网网址淐ourses like this help to demystify the complex world of stocks and business,B次元官网网址 says John Clarke, a Junior Achievement volunteer and commercial account manager with BMO Bank of Montreal in Langford.  HeB次元官网网址檚 been working with the students once a week to give tips on investing and keep them on track.

Grade 12 student Curtis Whittla, a peer tutor for this group, took the class two years ago and gained a serious interest in investing. Already accepted into the commerce program at the University of Victoria, he used knowledge gained through the Junior Achievement module to help launch his real-world investments.

Having already begun his investment strategy and worked extensively with the Junior Achievement simulator program, he should have a leg up on his younger classmates. Yet on this day heB次元官网网址檚 been overtaken for the class profit lead by one of the Grade 10 teams.

The results look promising so far, with the top team in the class adding more than $7,000 to their initial $100G.

Even Clarke, a 32-year veteran of the financial industry, likes what he sees.

B次元官网网址淚 was very encouraged that students were investing in stocks that theyB次元官网网址檝e done research on.B次元官网网址

Teammates Ryan Backhouse and Bryce Tickner, who were sitting third overall for B.C. and Alberta, had invested heavily into oil and gas, a commodity Backhouse says B次元官网网址渋s always in demand.B次元官网网址

The two admit, however, that investing can be a risky business.

B次元官网网址淔or everyone who makes money in the stock market, thereB次元官网网址檚 someone who loses money,B次元官网网址 Tickner says.

Luckily for this group, the money to be made or lost is imaginary.

editor@goldstreamgazette.com





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