WARREN, Mich. – Senior Noah Cole just made $112,913 - virtually - in an online simulation game at MarketWatch.com that engages students in the world of global capital markets.
Although the money isn’t real, the competition is. Students start with $100,000, and over a two-month period try to increase their portfolio value as much as they can.
“I really had so much fun taking part in the stock market challenge,” Cole said. “I feel I learned a lot about the value of a good investment and the risk that comes with the stock market.”
Senior Andrew Rusu took second, followed by seniors Justin Desmet and Brendan Pochmara, and junior Andrew Fergan.
“What a great opportunity to expose yourself to the stock market,” said Christine Quitter, the De La Sale liaison to the Christian Financial Credit Union. “The more practice you have with finance simulation, the better off you will be down the road.”
To date, the annual Virtual Stock Market Game has prepared 17 million students for financially independent futures.
The De La Salle Stock Market Club meets twice a month. The moderator is Dennis Koch, director of alumni relations, and a former business teacher.