Ad Spot

LMS tops stock market simulation

By By Tracy L. Brady
Record reporter
Even the most knowledgeable investors and traders meandered through the stock market this spring as the country recovered from a recession and thoughts of Enron loomed large, but a team of students from Madison overcame such obstacles and proved to be successful playing the market.
Liberty Middle School seventh grade Stock Market Simulation (SMS) Team 17 recently placed third in the region for the 2002 spring semester. The team, sponsored by seventh grade LMS teacher Rhonda Durrett, received SMS T-shirts and certificates of recognition for their achievement. Team members include: Ian Wheeler, Anna Smith, Kyleen Kirkland, Jana Watts, Shondrell Thompson, Latrisa Holden, and J.P. Creekmore. Students also received a crisp, new two-dollar bill from Durrett as an extra incentive.
According to the teammates, stock choices were made based on interest in companies popular among teens like Wal-Mart, Best Buy and Sony. Students learned how to buy and sell stocks, incorporate math skills, work as a team, and follow stock reports through the exercise.
"It was a real experience without real debt," Kirkland said.
SMS is an educational tool used to give students hands-on experiences in the world of economics, finance, current events, math, social studies, and technology. To date, 17 states and 20,000 teams per semester use SMS, amounting to approximately 200,000 students. It is the only stock market simulation endorsed by the Alabama Council on Economic Education based on its successful results in economic education and financial literacy.
The average portfolio value for the Alabama SMS this spring was $100,665-which is a +.665 percent return. Compared to the S&P 500, which fell -.647 percent, the state average over performed the market by about 1.80 percent.
For more information on SMS, visit www.alabamasms.com.

Madison

Children learn basics safely in Heritage Sports League

Business

BUSINESS: Bank Independent on the Forbes’ “Best-In-State Banks 2022” list

Madison

Trash Pandas pitching powers 3-1 Independence Day win

Madison

Florida man threatens Limestone police, gets arrested on I-65

Madison

Madison Area Lions collecting supplies for school nurses

Digital Version

Check out the July 2022 issue of Madison Living

Lifestyles

The United States Declaration of Independence

Lifestyles

Group locates graves of Revolutionary War veterans

Madison

Trash Pandas take series in Tennessee with 4-2 win, return home for 4th of July

Madison

Trash Pandas win wild one in Tennessee 11-9

James Clemens High School

Yewon Lee chosen for Emmy Noether Awards, worth $25K

Madison

Madison City Schools district requires re-enrollment of all students

Madison

Citizens group promoting petition to place city manager decision on ballot

Madison

Home runs sink Trash Pandas in 4-2 loss

Liberty Middle School

Teachers, students motivate Latoya Whitehorn, Liberty’s top staffer

Madison

Authorities: Woman who had stillborn birth at Madison Hospital arrested, admitted using meth

Madison

Mazda Toyota Manufacturing awards $180,000 in donations to 10 local nonprofits

Madison

Trash Pandas prevail 2-1 in pitcher’s duel

Madison

Other celebrations for Independence Day in north Alabama

Madison

REMINDER: ‘Star-Spangled Celebration’ features cornhole, pickleball contests

Madison

Fireworks, festivals, crawfish and mullets on tap for 4th of July fun

Business

Local physician’s medical license suspended

Madison

Noon public meeting at library today to discuss city’s proposed city manager transition

Bob Jones High School

COVID-19 waiver expires; MCS students must qualify for free, reduced-price meals

x