Solid investing has paid dividends for a group of Tamanawis Secondary students.
Competing against 1,650 other teams across Canada,Grade 11 students Karan Dhillon, Harjap Thandi, Haider Tauseef and Gurjot Waraich bought and sold their way to the top of a recent online stock market simulation contest – more than doubling their money in just six weeks.
The students were given a mock $100,000 to trade stocks from the Toronto Stock exchange, Nasdaq and New York Stock Exchange and manage their investments through live data from North American stock markets.
Team Corn Hub, as they dubbed themselves, were able to turn the initial investment into $202,288.
The closest competitor was Calgary’s West Island College, which took second place with a total of $192,106.
Each year, Accounting 11 and 12 students at Tamanawis take part in the Investment Strategies Program through Junior Achievement, an organization dedicated to educating youth about business and inspiring them to succeed in the global economy.
The students also had the opportunity to work with mentors from the local business community to learn more about investing.
Recently the four Tamanawis students received their Junior Achievement awards during a ceremony at SFU’s Beedie School of Business.
To check out all the rankings, go to https://investja.org/private/game/rankings