Lahainaluna High
leapfrogs to the front
The Maui school's income/growth
picks jumped 82 percent
Star-Bulletin staff
Lahainaluna High School's Team HI407041 skyrocketed more than 82 percent this past week to jump from 140th place to first in the income/growth division of the Hawaii Stock Market Simulation.
The team has grown its portfolio to more than $167,000, from starting Feb. 14 with $100,000.
In addition to Lahainaluna's jump to the top spot, Moanalua Middle School Team HI403181 took the lead in the elementary school division.
In the aggressive division, Team HI405129 from Pacific Island Bible Church Homeschoolers retained it lead this week.
Both Team HI409342 from Moanaluna High and Team HI409085 from Pacific Island Bible Church Homeschoolers continue to stay in first and second place, respectively, in the growth division.
On Feb. 14, about 2,000 Hawaii students in grades three to 12 began the simulation for the spring semester. Teams of two to four students each invest a hypothetical $100,000 in stocks, bonds and mutual funds over 10 weeks.
Students participate in divisions based on their investment styles to learn how the market system works.
The Hawaii Council on Economic Education partners with the state Department of Commerce and Consumer Affairs to run the program. The Star-Bulletin will post results each week. For more information, visit www.hawaii.edu/hcee.
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