All posts tagged: stock market

Broward County Students Compete in Stock Market Challenge

Junior Achievement of South Florida hosts 33rd Annual JA Business Hall of Fame Awards

COCONUT CREEK, FL — From February 23rd to March 3rd, between 9:00 AM & 1:00 PM. More than 1,200 Broward County Public Schools and Charter high schoolers, representing 14 schools, will be competing in Junior Achievement of South Florida’s (JA) Stock Market Challenge at JA World Huizenga Center at the Lillian S. Wells Pavilion.

During the challenge, students compete against each other in teams in a simulated stock market environment that is hectic, loud, exciting and filled with energy. Student teams are given $500,000 in imitation currency used to make their initial stock selections from more than 25 fictitious companies before the challenge begins. At the end of the challenge, the team with the stock portfolio with the highest net worth wins!

“The secret to success during the challenge lies in students’ ability to collaborate with their team and their understanding of the big ideas about the stock market,” said Laurie Sallarulo, President & CEO. “This is just one of several programs JA offers that empowers youth with the knowledge, ability and confidence to navigate their futures, drive our economy and lead our community.”

Last year, JA piloted the Stock Market Challenge with students from Marjory Stoneman Douglas High School, and it was a success. “I loved the high energy of the simulation and will take the strategies used to be successful in investing in the real world,” Marjory Stoneman Douglas student said.

This year, Stock Market Challenge is being sponsored by Broward Sheriff’s Office and CitiBank. Special thanks to JA’s over 7,100 community volunteers for mentoring our youth for this and other entrepreneurship, financial literacy and work readiness programs that impact 69,000 youth each year

Watch highlights from the 2022 event, as featured on WPLG Local 10 — CLICK HERE. JA Stock Market Challenge photos are available upon request.

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About Junior Achievement of South Florida

Junior Achievement of South Florida (JA) empowers our youth with the knowledge, ability and confidence to navigate their futures, drive our economy, and lead our community. JA provides real-world training in financial literacy including budgeting, spending, investing and the use of credit; offers cutting-edge skill-building opportunities that enable young people to explore meaningful, productive careers; teaches students how to start businesses; and introduces entrepreneurial values that strengthen workplaces. Last year, with the help of 7,100 trained corporate and community volunteers, JA delivered 20+ programs to over 69,000 students in classrooms throughout Broward and south Palm Beach counties and at JA World Huizenga Center at the Lillian S. Wells Pavilion, a first-class facility housing JA BizTown and JA Finance Park. For more information about Junior Achievement of South Florida, visit JASouthFlorida.org. Follow JA on social media @jasouthflorida.

For More Information, Contact:
Christopher Miller, Senior Marketing and Media Production Manager
Junior Achievement of South Florida
(954) 979-7110

Broward County Students Compete in Stock Market Challenge
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Understanding the Financial Impact of COVID-19

Presented by Junior Achievement USA

A Guide to How COVID-19 is Affecting People and the Economy and What It All Means

Making Sense of It All

A lot has changed in a very short amount of time. At the beginning of 2020, the U.S. stock market was at an all-time high, the economy was experiencing an historic milestone of growth and things seemed to be going well for many people. Then, the coronavirus (COVID-19) appeared in the United States and in a very short amount of time everything changed.

While things may seem uncertain, and maybe a bit scary, know that what we are experiencing with COVID-19 won’t last forever. We at Junior Achievement (JA) have some explanations about what’s happening, as well as answers to some of your questions when it comes to the financial impact of COVID-19.

What Makes COVID-19 Different from the Flu or a Cold?

COVID-19 is referred to as a “novel”, or new, coronavirus. This means it is new to humans, though it has probably been around in animals, such as bats, for a long time. It is believed that COVID-19 was first transmitted to humans from animals in Wuhan, China in late 2019. Because human immune systems – the human body’s way of fighting disease – haven’t had much experience with COVID-19, people who get it tend to be sicker for longer, though most people will recover from the disease.

To help put COVID-19 into perspective, think of leveling up in a game. If it’s a level you’ve never experienced before, it may be harder and take you longer to beat it. But with enough time, you will win. For most people’s immune systems, COVID-19 is like a new level of a game. Eventually human immune systems will get used to battling COVID-19 and will win more easily, most likely through a combination of vaccines and an increase in natural resistance. But this won’t happen right away.

Click here to read the full report

Understanding the Financial Impact of COVID-19
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