Sixth
grader Anthony Gugliuzza from Windham Middle School sat in the front row of the
music room listening to Elizabeth Reidel, the vice president of sifma Stock
Market Game program, talk about the fall 2013 Maine State winner of the
InvestWrite Competition who was sitting in the room. It wasn’t until Reidel
mentioned the stocks the winner invested in that Gugliuzza knew he had won.
Gugliuzza and his parents |
In
his essay, Gugliuzza was asked to identify something he would like to save for
over a 10-year period and discuss what types of securities he would invest in
to reach his goal. After thorough research, Gugliuzza had chosen NetFlix and Xylem,
Inc., companies he believed were financially sound.
Gugliuzza,
the son of Kristen and AJ Gugliuzza, is a student athlete, on student council
and involved with People to People Leadership Program in Washington D.C. Gugliuzza often takes it upon himself to
make contributions to several charitable organizations. For winning he received
a $100 gift certificate, a trophy which will be on display in the school’s
trophy case and was invited to an award ceremony in Portland to be recognized
again.
Gugliuzza and his teacher Aaron Vachon |
Gugliuzza’s
teacher Aaron Vachon has been doing the program for seven years. “It teaches
students about financial literacy at the middle school level,” said Vachon. In
the Stock Market Game the students are given $100,000 to start and they have 10
to 15 weeks to grow their investment.
Gugliuzza’s
essay began, “I am here today to outline for you my 10-year investment goal. My
goal is to save enough money to pay off my college loans. In 10 years I will be
21 and in my senior year of college. When I get out of college I don’t want to
have high student loans to pay off. I will have other expenses I will need to
take care of such as living expenses, a car payment and many other “adult-like”
expenses that may come my way.
Although he won for his stock-savvy,
Gugliuzza still wants to be a professional football player.
“Maybe he should be doing my
portfolio,” his dad said. “I wish I’d had exposure to this when I was in
school. It’s pretty neat hearing his stories from class.”
JSMS Elementary winner
Louden
Greene from Jordan-Small Middle School was the State of Maine first place
winner in the sifma Foundation’s InvestWrite essay competition for the elementary
school level. In a ceremony on March 20, Greene was recognized in front of his
peers for the essay he wrote. Greene’s essay was titled, “How I
got Money to Pay for My College Education.” He started the essay by saying, “My
goal is to make $100,000 in 10 years by investing in the stock market. With my
money I'm going to go to college to be a paleontologist. I have to go to
college to learn the skills, study dinosaurs and get a four-year degree. I
picked this field because I like dinosaurs and I think this profession will
make me a lot of money.”
The students work in groups during
the Stock Market Game program but then write essays individually about their
experience.
Planning on reinvesting the
dividends from his two stock choices, Apple and UPS, Greene feels he can
accomplish this goal as both are steady stocks and react well to a stable
economy.
Greene and his teacher, Jack Fitch,
will both receive a cash prize.
Fitch has been doing the Stock
Market Game for 20 years, he said. “The first 10 years we didn’t come close to
the top,” Fitch said. “The kids get pretty psyched. It’s another way to deliver
math.”
Fitch, who has been teaching for 36
years, enjoys participating in the Stock Market Game with his classes and is
proud to have an InvestWrite winner for the second year in a row.