Neuqua students place second in SIFMA ‘Challenge,’ earn trip to Washington, meet Congressman
Students from Neuqua Valley High School recently placed second in the 10th annual national SIFMA Foundation Stock Market Game or "Capitol Hill Challenge."
Congressman Bill Foster (D-IL-11th District) congratulates Naperville students for success In SIFMA Foundation Stock Market Game Capitol Hill Challenge. Photo courtesy Megan Jacobs
This success marks the 3rd year in a row that students from Neuqua Valley High School have placed either first or second, earning them a trip to Washington, D.C.
To celebrate their achievement, students met with Congressman Bill Foster (D-IL-11th District) on July 19. That day the Congressman also submitted a statement to the Congressional Record which can be found here.
Congressman Foster's Full Text for Congressional Record:
Mr. FOSTER. Mr. Speaker, it is with great pride that I rise today to congratulate students from Neuqua Valley High School, in Naperville, Illinois, for placing 2nd in the 10th annual national SIFMA Foundation Stock Market Game or "Capitol Hill Challenge." This marks the 3rd year in a row that students from Neuqua Valley High School have placed either 1st or 2nd, earning them a trip to Washington, D.C.
Under the guidance of Kevin Geers, this year's participating team members, Manas Gosavi, Fahad Khan, Manish Lakkamsani, Colin Pinto and Tyler Rund, produced a portfolio with a value of $246,823.00, a return of over 138 percent.
During the 14-week competition, students invest a hypothetical $100,000 in listed stocks, bonds, and mutual funds, with the objective of learning the value of investing and saving. The Capitol Hill Challenge allows students to enhance their understanding of the global economy, while simultaneously strengthening their knowledge of our government.
I am delighted to see students taking an interest in expanding their financial literacy and awareness of the capital markets. As a businessman who understands the value of financial planning, I know how rewarding it can be to discover what you can accomplish if you start with a plan.
Mr. Speaker, I ask my colleagues to join me in recognizing Neuqua Valley High School, not only on this remarkable feat, but also on their ongoing efforts to generate enthusiasm in the fields of economics and business. They truly embody their mission of "commitment to excellence."