Volume XXIX, No. 49 • Dec. 23, 2005

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Welcome to Black Hills State University - top

  • Dee Davis, custodial worker, Facilities Services
  • Jeannie Salazar, senior secretary, College of Business and Technology

BHSU announces winners of fall 2005 South Dakota Stock Market Game - top

Black Hills State University recently announced the winners of the fall 2005 South Dakota Stock Market Game (SDSMG). Lana Main’s team of students in her personal finance class at Brandon Valley High School ended the 10-week trading period with the highest stock market portfolio in the state, in addition to the highest in the high school division.

The first-place Brandon Valley team’s portfolio increased from $100,000 to $119,489 for a 19.49 percent return on investment during the fall 2005 SDSMG session, which began Monday, Oct. 3 and ended Friday, Dec. 9. The team’s best stock pick, Advanced Micro Devises (AMD), was up 24 percent at the end of the 10 weeks.

Eighty teams, consisting of 247 students from 14 schools across South Dakota, took part in the fall 2005 SDSMG. Each team began with $100,000 in hypothetical “cyber dollars.” The teams then performed on-line research and stock trading. At the end of the 10-week trading period, the teams with the highest-valued portfolios in each division received prizes and awards. Divisions included elementary/junior high (grades 4-8), high school and college.

Keith Brown, a freshman from Aurora, Colo., finished first in the college division with the second-highest valued portfolio in the state at $118,553, a 18.55 percent return on investment. Second place went to James Costello, a freshman business administration major from Pierre with a final portfolio of $108,630, and third place went to Adam Christianson, a freshman business administration major from Rapid City, with a final portfolio of $105,086.

Winners in the high school division were: first place – Brandon Valley, advisor Lana Main, $119,489; second place – Newell, advisor Krista Sweckard, $115,843; third place – Brandon Valley, advisor Lana Main, $115, 578; and fourth place – Newell, advisor Krista Sweckard, $113,881.

The top middle school team was from Patrick Henry Middle School in Sioux Falls with a final portfolio valued at $115,224, a 15.22 percent return on investment that placed them fifth overall in the state. Their advisor, Shirley Mauss, used the game in her sixth through eighth grade Unique Learning Experience classes. The team’s top stock pick was Apple Computers, up an impressive 37 percent over the 10-week period. Two other teams from Patrick Henry received second and third place with portfolios of $113,343 and $113,021. Mauss served as advisor for both teams.

For comparison purposes, the major stock market indices performed as follows for the trading period beginning Oct. 3 and ending Dec. 9: Dow Jones Industrial Average – 1.99 percent return on investment; NASDAQ Composite – 4.88 percent return on investment; and S&P 500 Index – 2.44 percent return on investment. According to Don Altmyer, associate professor in the College of Business and Technology at BHSU, director for the BHSU Center for Economic Education, and coordinator of the SDSMG, most professional portfolio advisors fail to beat these indices over the long term.

The SDSMG is the only stock market simulation endorsed by the South Dakota Council on Economic Education. Since 1977, more than eight million students have participated in the program.

“The South Dakota Stock Market Game Program is an innovative education tool that motivates students and supports teachers in building lifelong learning skills. Teachers have successfully used the SDSMG to enliven core academic subjects including math, social studies and language arts,” Altmyer said. “In fact, research has shown that there is no better way to teach the importance of savings and investing.”

Teacher training workshops for future SDSMG sessions will be held at Watertown High School Wednesday, Jan. 25 from 12 noon to 3 p.m.; Brandon Valley High School Thursday, Jan. 26 from 12 noon to 3 p.m.; and Custer High School Tuesday, Jan. 31 from 12:30 to 3:30 p.m. There is no cost to attend the workshops. To reserve a workshop seat, contact Altmyer at 605-642-6266 or DonAltmyer@bhsu.edu.

The spring 2006 SDSMG will be held Monday, Feb. 13 through Friday, April 21. To register, go to www.smgww.org, click on the “Register Now” button, follow the prompts to the South Dakota Stock Market Game information page, and click on “Pre-register Now!” Upon registering, team identification numbers and passwords will be issued and teacher and student team materials will be mailed to the school.

The registration fee is $10 per team of three to four students and includes all teacher materials; student team materials and support, including newsletters with information on the stock market and a variety of business and economics topics to stimulate student discussion in the classroom. Free teaching training is also available to assist teachers in integrating the game into their curricula.

Sponsors for the SDSMG include the Center for Economic Education at BHSU, the Central States Securities Industries Association and the South Dakota Council on Economic Education. For more information on the SDSMG, visit www.bhsu.edu/businesstechnology/cee/stockmarketsimulation.html or contact Altmyer at DonAltmyer@bhsu.edu or 605-642-6266.

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