Political Quotes

“Mr. Speaker, each year, more than 600,000 students across all 50 States play the SIFMA Foundation's celebrated Stock Market Game, an online simulation of the global capital markets. The program introduces students to economics, investing, and personal finance in order to prepare them for financially independent futures. Last week, I had the privilege of visiting West Iredell High School in Statesville, North Carolina, where students in Ms. Brooke Campbell's personal finance class were wrapping up participation in the 12th annual Capitol Hill Challenge. The Capitol Hill Challenge matches Members of Congress with students, teachers, and schools competing in the Stock Market Game. The 10 teams with the highest-ranked portfolios at the end of the competition win a trip to Washington, D.C. Mr. Speaker, for 14 weeks, nine teams from West Iredell managed a hypothetical $100,000 online portfolio and invested in real stocks, bonds, and mutual funds. Unfortunately, no one from the school finished in the top 10, but when the final results were tabulated at the end of the competition, five of the teams increased the value of their online portfolio. For high school students with little to no experience investing, that is a significant accomplishment. Four of the teams at West Iredell finished with less money than when they started. However, they lost less than $3,400 combined.…”