order to put financial investment theory into practice, and to learn
how to implement real life investment strategies, Year 10 and 11 Business
Management classes participate in the sharemarket competition. In Business
Management we believe the best way to learn is to take a "hands-on"
approach, and the sharemarket game meets this aim in the investment
sharemarket competition is a simulated computer program played on the
Internet and run by the Australian Stock Exchange. Not only is the game
an easy and fun way to learn about the sharemarket, but it also provides
a valuable lesson in money management and the Internet. And students
stand to win thousands of dollars in prize money!
-Students, forming syndicates of two to four people, are given a hypothetical
$50,000 to invest in the sharemarket over 10 weeks.
-Participants register "virtual" trades via the Internet,
competing against an estimated 20,000 students nationwide.
-Students can choose from 100 nominated ASX-listed companies for their
trades, and carry out up to 25 buy trades during the game.
aim of each syndicate is to grow its portfolio to the highest value
by the end of the game.
-First prize of $1,000 will be awarded in each state to the syndicate
which generates the highest value portfolio in that state.
-Second prize in each state is $500 and third prize is $250.
-The syndicate with the highest portfolio value in Australia wins a
and students monitor their teams progress via a weekly newsletter.
Theres also a rankings page on the Net, providing a daily update
of how well each team is performing.
also have access to valuable research and a weekly market summary from
stockbroking firm JB Were & Son.
recent Article from 'The Age' Business Section
trust their resources
you find a managed fund in the future run by Kuo-Ning Ho, Alan Vuong
or Andrew Hoschke, may we suggest you invest in it immediately.
three Melbourne High School students made up the winning team in Victoria
in the Australian Stock Exchanges latest share market game, which
ran from mid-March to II June. The deadline for students to enrol in
the share markets next game, which starts in late August, is this
three winners received winners medallions for turning a hypothetical
$50,000 investment war chest into $90,011 during the 13-week game, beating
the second-placed team in Victoria by nearly $8000 and beating more
than 5900 other students throughout the state to the $1000 first prize.
what was their trading secret? Ignore brokers shying away from mining
and resource shares.
andAndrew decided to concentrate on resource stocks priced below $5,
as price movements in these shares represented a greater percentage
boys made sizeable profits when their Pasminco shares jumped 39 cents
in a day from a low of $1.30 in April, then another $3500 with more
than $60,000 in MIM Holdings in early May. But their resources
"silver lining" had a "cloud" known as Lihir Gold,
which fell and wiped $2000 from their books.
Anaconda Nickel regained them the lead, and kept them there until games
end. However, the winners in Victoria still fell behind the national
winners from All Saints Anglican School in Queensland, whose portfolio
more than doubled the initial $50,000 outlay to end at $111,957.
from all secondary schools and all year levels can participate in the
stock exchanges next challenge by contacting the game coordinator
on (03) 9617 8611.