This year, more than 30, four-person teams joined the excitement of the high stakes world of finance by competing in the Boys & Girls Clubs of the Midlands 8th Annual Stock Market Championship® event on Thursday, Nov. 19 at 5:30 p.m.
The event teaches teens financial literacy and gives the area’s business community a chance to spend an electrifying evening on the trading floor to see who amasses the greatest fortune by the closing bell.
During this real-life stock market simulation, teams buy, sell and trade fictional stock from local and national companies as they vie for the title of “Stock Market Champion.”
More than 175 Boys & Girls Club teens participated in a student version of the event on Wednesday, Nov. 18 at 5:30 p.m. The top three teams advanced to the main event on Nov. 19 to compete for the title and a chance to win $8,000 in college scholarships provided by Nebraska Educational Savings Plan Trust (NEST).
The 2015, student Stock Market Champions are “Deez Stocks,” from the Boys & Girls Clubs of Council Bluffs with the highest overall net worth of $11,419,357.
The 2015, adult Stock Market Champions are “TD Ameritrade Team 1,” with the final net worth of $6,695,931.
In the months leading up to the event, teens learned to balance a checkbook, create a budget, save, and invest for college and retirement through the Boys & Girls Clubs Money Matters programming.
Thank you to this year’s presenting sponsor, TD Ameritrade, who has continued their community partnership with the Clubs. At the student event, 28 TD Ameritrade mentors joined our student teams to coach and mentor them through the trading frenzy.