Stock Market Challenge
Montgomery’s state champion; Local schools compete in spring game
The fall 2018 stock market game ended Dec. 14 with Montgomery High School students Rhyle Strausbaugh, Gage Yohn, Brayden Strouse and Brennan Bailey ranking first in the state for the Pennsylvania Council of Financial Literacy’s (PennCFL) stock market challenge. The spring stock market game begins Feb. 11. Students from third to 12th grade compete in both the fall and spring games sponsored by Woodland Bank and Fairfield Auto Group.
Montgomery fall stock market team started with $100,000 on Oct. 8 and ended the ten week game with $658,984.62. They worked with high school teacher Ryan Monoski.
“These students were given an opportunity to participate in the stock market game to prove what they could do. Not only did their portfolio exceed my expectation and win a state championship, it proved that given the right program such as this one, students can learn to master the stock market in ways that many never do,” Monoski said.
For the spring game, students will represent their schools in a investment competition. Schools participating include Williamsport, South Williamsport, Muncy, Jersey Shore, East Lycoming, Montgomery, Loyalsock, St. John Neumann Academy and other private schools. A celebration luncheon will be held at Penn College on April 30 to honor the schools, teachers and their students.
The stock market competition offers players in third to 12th grade to manage a mock $100,000 portfolio by investing in stocks chosen from the American, New York and NASDAQ exchanges. The competition teaches students about investing and financial literacy through hands-on classroom activities.
“We proudly support the development of financial literacy in our schools throughout Lycoming and Clinton counties. The Stock Market Challenge is a great tool for developing the financial competency in our youth who are the future of our communities. We are thrilled to play a part in this program,” said Jon Conklin, president and CEO, Woodlands Bank.