Welcome to Black Hills State
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- 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 -
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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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