West Hartford 5th Graders Earn Top Prize in Stock Market Game

Published On: February 1, 2023Categories: Reader Contributed, Schools
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Members of Charter Oak International Academy's SMG winning team with their medals and certificates. Courtesy photo

A team of fifth graders at West Hartford’s Charter Oak International Academy won the elementary school division of Connecticut’s Fall 2022 Stock Market Game.

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A team from Charter Oak International Academy has been recognized as a first place finisher in the Stock Market Game (SMG), an online simulation for students in grades 4-12.

In this game, students learn about the world of economics, investing and personal finance. This past fall, fourth and fifth grade students learned about investing, saving money and how stocks are related to companies and products. Students worked in teams as a small part of their math class and each team was responsible for researching and evaluating potential investments.

One team from fifth grade at Charter Oak won first place out of 53 teams in the 4th/5th grade division in Connecticut. They earned over $13,000 in the 10-week trading period and bought stocks in companies such as FedEx, Home Depot, and NetFlix.

Loveyne stated that he “loved thinking about brands that he knew and researching those stocks during the game.” Jimmy said that “it was good to see how math works in the real world, outside of school.”

“This team definitely diversified their portfolio and traded in many different sectors and enjoyed the ups and downs of the game,” Information & Communications Technology Teacher Kathy Hardesty said. “The spring session of the Stock Market Game just started and we will see if they will have financial success again.”

Members of Charter Oak International Academy’s SMG winning team. Courtesy photo

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