Auggie Reilly '21 won first place in the state in the 2018-2019 Pennsylvania Stock Market Game.
"Participating in the Stock Market Game this year provided me the opportunity to explore the stock market. I learned so much," explained Auggie. "The game gave me a solid set of fundamentals that I will definitely use as I grow as an investor, for many years to come."
Upper School math teacher Dr. Adam Lavallee advises EA's Financial Literacy Club. "Auggie invested in a handful of stocks that stayed mostly flat while the market struggled in October," explained Dr. Lavallee, Hon. "Since the game uses the portfolio's return relative to the S&P 500, he was out to a big lead. As the year progressed, he invested in a broad and diverse set of stocks. His return was 11% higher than the S&P 500."
"The skills I learned will help me when I invest in college and even beyond," said Auggie.
"The number one investment strategy of our club is to buy good companies cheap and hold on to them for long period of time," said Dr. Lavallee. "Many students only buy stocks that everyone has heard of, but Auggie really investigated a wide variety of companies to invest in throughout the year."
The student Stock Market Game is an online simulation of the global capital markets that engages students grades 4-12 in the world of economics, investing and personal finance.
Seventy-two high school teams in Pennsylvania competed in this year's competition.