Wyatt Van Dee looks over his stocks to see how much money he has earned and if his class ranking has improved. He is currently ranked 17 in the class.
by Jered Engelking
Dow Jones goes down, NASDAQ rises to the top, and Russell 2000 goes all the way. Every day in the life of stocks these names pop up and what they do is constantly changing. Keith Sietstra is teaching his General Business students to watch and to predict the Stock Market.
Throughout this unit, the students will attain several lifelong skills. As students learn to watch trends of the stocks they can predict if the stock will likely go up or down, knowing this can help them decide if they chose the right stock.
“That is definitely my goal, I think that giving them this hands on experience will be very helpful in the long run,” said Sietstra.
Nineteen students started out with $10,000 and senior Teona Sutfin put all her money into stocks evenly and lead her class for the first three weeks, while others such as Katy McKee, Kirk Salnave, Krista Engelbarts, and Wyatt Van Dee they invested their money mainly in Apple Inc., Wal Mart, and Google.
Sutfin invested in Apple Inc., Hewlett Packard, International Business Machines Corporation, Johnson and Johnson, Sony Enterprise, Walmart and Walt Disney Company, all of which have risen throughout the class days except for Disney.
After those three weeks, Sutfin lost her lead and McKee rose to the top, gaining $1,118.01 and Sutfin only making $479.12.
“I was in the lead and it’s hard to track your money because they are changing every hour,” said Sutfin.
Learning the tricks of the stock market and how to watch and predict it not only teaches students how to profit from it but as well, they will attain skills such as predicting, studying, and knowing when to make decisions and what ones will be the most profitable. All of these skills will likely help them later on in life.
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