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WCHS: Stock Market Challenge Champions

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Last week a group of Westside students participated in Junior Achievement’s Stock Market Challenge, with one of the three Westside teams, comprised of Chris Tento, Will Geib, Abbie Nieuwstraten, Wyatt Lewis, and Reece Hupfer, capturing 1st place. This is the 2nd time in 4 years that a Westside team has won the event.

Abbie Nieuwstraten, Reece Hupfer, Chris Tento, Wyatt Lewis, and Will Geib

Abbie Nieuwstraten, Reece Hupfer, Chris Tento, Wyatt Lewis, and Will Geib

Junior Achievement explains their Stock Market Challenge as “an opportunity for students to learn valuable lessons in personal finance and investments. At the JA Stock Market Challenge, teams of four to five students start with $1,000,000 in fictitious funds to buy stock in mock companies. Once the opening bell rings on our Stock Market trading floor, the market opens and every 90 seconds represents a complete trading day. Over the next two hours (representing 60 trading days), students must work together and think on their feet, applying the concepts they learned in the classroom, as they compete to build the highest net worth portfolio. Teams must determine the effect market occurrences and current trading will have on stock prices, compete for the attention of floor traders, and track the performance of their stocks on three jumbo screens. The team with the highest Net Worth Portfolio at the end of 60 “trading days” will be crowned the Stock Market Champion.”

There were 64 total teams who participated, and all three Westside groups beat all other high schools by 25 %. The members of the two other teams were: Brittney Martin, Ali Mills, Danielle Simmons, Rachel Kline, Taylor Ranslow, Simon Griffin, Abe Ahn, Joe Zhao and Yuke Li.

Great work Eagle traders!

 

What We’re Reading: Government/Economics

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What our senior students are reading in Government (first semester) and Economics (second).

1) Legislating Morality by Norm Geisler and Frank Turek

Teacher Commentary: The authors refute the often used line, You cannot legislate morality. They present the struggle of traditional Christian viewpoints in today’s post modern world.  Abortion, euthanasia and homosexuality are presented from the Left and the Christian Right views. Students should talk about these subjects in a safe environment, while living at home and attending a Christian school, were they can discuss what it means to live out a Biblical worldview.

2) Great Souls by David Aikman

Teacher Commentary: Mini Biographies of 6 famous people who had significant impact on the later 20th and early 21st centuries. These are inspiring people who our students would do well to emulate.

3) The Millionaire Next Door by Stanley and Danko

Teacher Commentary: The authors study affluent people and give insights on how we can learn valuable traits from them to lead a less stressful and more fulfilling life. Our students are daily subjected to clever advertising, and need tools to avoid debt and the discipline to become economically successful.

4) Economics in One Lesson by Henry Hazlitt

Teacher Commentary: The author presents conservative answers to today’s economic questions. Students are repeatedly hearing liberal doctrine on economics in colleges today and should read opposing viewpoints as well.

Seniors Christopher Tento, Clara Adams, Susannah Fischer, and Abraham Ahn

Seniors Christopher Tento, Clara Adams, Susannah Fischer, and Abraham Ahn

Stock Market Challenge

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Thirteen Westside seniors from all three Economics classes competed in Junior Achievement’s Stock Market Challenge on Thursday 3/9.  Westside students were one of 67 teams, with a total of 375 other Oregon and SW Washington high school participants.

Junior Achievement’s website describes the event as:

An exciting, hands-on simulation that puts participants into the fast-paced world of the stock market….teams start with $ 500,000 in fictitious funds to buy stock in 26 mock companies. Once the opening bell rings on the stock market trading floor, the market opens and every 90 seconds represents a complete trading day. Over the course of two hours, participants must think on their feet and compete for the attention of floor traders as they make trades in real time. The team with the highest net worth portfolio at the end of 60 trading days will be crowned the Stock Market Challenge Champion.

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Nat Gurnee, Mckenzie Turner, Yejin Han

 

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Alannah Carr, Ruben Vila, Zachary Bishop, Laura Madison

The Millionaire Next Door

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Westside seniors are currently reading and taking notes on The Millionaire Next Door in Economics to learn the art of accurate budgeting, informed saving, and wisely planning for their retirement years. Here’s to the WCHS Class of 2017 being fiscally responsible graduates at the conclusion of their high school years!

 

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