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<generator>Blogsmith http://www.blogsmith.com/</generator><item><title><![CDATA[Forget stocks, go for the parakeet: What kids are learning about Wall Street]]></title><link>http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/</guid><comments>http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/gettingstarted/" rel="tag">Getting Started</a>, <a href="http://www.bloggingstocks.com/category/wb/" rel="tag">Wachovia Corp (WB)</a>, <a href="http://www.bloggingstocks.com/category/comic-relief/" rel="tag">Comic Relief</a></p><img hspace="4" border="0" align="right" vspace="4" alt=""  src="http://www.blogcdn.com/www.bloggingstocks.com/media/2008/10/lorakeets_again.jpg" />Most winners in play-money investing games end up wishing they'd invested real dollars. Not in this year's <a href="http://online.wsj.com/article/SB122523644863577999.html">Stock Market Game</a> for students in grades four through 12, run by the Securities Industry and Financial Markets Association. Well, except for that team that shorted <a href="http://finance.aol.com/quotes/wachovia-corporation/wb/nys">Wachovia Corp.</a> (NYSE: <a href="http://finance.aol.com/quotes/wachovia-corporation/wb/nys">WB</a>) in late September; they managed to more than double their fake money.<br /><br />The lessons learned may be exactly the opposite of those the Securities Industry board had hoped.<br /><br />The kids started the game shortly after school began this fall, so most students have experienced a steep slide in their faux portfolios. One student had it worse: he played the game last year and decided to try it out this year with real money, saving his birthday and Christmas money to buy into a mutual fund. Now he's afraid to open his statements (his fund is down 44.9% this year).<br /><br />Michael Ashworth, a 13-year-old Delaware middle schooler interviewed by the <em>Wall Street Journal</em>, had been getting excited about investing and had asked his mother for stocks for Christmas. After the market downturn? "I told her not to do it. I asked for a parakeet instead," he said.<br /><br />Perhaps the rest of us would do well to follow the lead of Mr. Ashworth. If not a parakeet, perhaps a flock of chickens?<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/">Forget stocks, go for the parakeet: What kids are learning about Wall Street</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Wed, 29 Oct 2008 11:25:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB122523644863577999.html>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/1356010/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2008/10/29/forget-stocks-go-for-the-parakeet-what-kids-are-learning-about/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>education</category><category>high school</category><category>HighSchool</category><category>shorting</category><category>stock market game</category><category>StockMarketGame</category><category>students</category><dc:creator><![CDATA[Sarah Gilbert]]></dc:creator><pubDate>Wed, 29 Oct 2008 11:25:00 EST</pubDate></item><item><title><![CDATA[High school vending machines getting more eclectic]]></title><link>http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/</guid><comments>http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/products-and-services/" rel="tag">Products and Services</a>, <a href="http://www.bloggingstocks.com/category/consumer-experience/" rel="tag">Consumer Experience</a>, <a href="http://www.bloggingstocks.com/category/ko/" rel="tag">Coca-Cola (KO)</a>, <a href="http://www.bloggingstocks.com/category/pep/" rel="tag">PepsiCo (PEP)</a></p><img width="240" vspace="4" hspace="4" height="195" align="right" alt="" src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/08/diet-coke.jpg" />While the sweetest of soft drinks may now be off limits in high-school vending machines, some hip new options may soon be available to the nation's students. <br /><br /> In May 2006, the beverage industry voluntarily agreed to stop selling full-calorie sodas in schools. The agreement stated that companies could sell milk, water, diet sodas, sports drinks, and unsweetened and low-calorie juices. <br /><br />The industry has now <a href="http://money.aol.com/news/articles/_a/drink-makers-expand-offerings-in-schools/20070820175409990002">expanded this list</a> to include additional beverages meeting the criterion of fewer than 100 calories per 12 ounces. Certain flavored iced teas and vitamin-flavored waters fit the bill. Most varieties of Glaceau VitaminWater, a recent acquisition of <a href="http://finance.aol.com/quotes/the-coca-cola-company/ko/nys">Coca-Cola</a> (NYSE: <a href="http://finance.aol.com/quotes/the-coca-cola-company/ko/nys">KO</a>), have 75 calories or less. The same is true for the various flavors of SoBe LifeWater, owned by <a href="http://finance.aol.com/quotes/pepsico-inc/pep/nys?tabs=quotesandnews">PepsiCo</a> (NYSE: <a href="http://finance.aol.com/quotes/pepsico-inc/pep/nys?tabs=quotesandnews">PEP</a>).<p><a href="http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/" rel="bookmark">Continue reading <em>High school vending machines getting more eclectic</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/">High school vending machines getting more eclectic</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Tue, 21 Aug 2007 18:00:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://money.aol.com/news/articles/_a/drink-makers-expand-offerings-in-schools/20070820175409990002>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/970617/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/21/high-school-vending-machines-getting-more-eclectic/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>beverages</category><category>Coke</category><category>Diet</category><category>Glaceau</category><category>High School</category><category>HighSchool</category><category>KO</category><category>LifeWater</category><category>PEP</category><category>Pepsi</category><category>SoBe</category><category>soft drinks</category><category>SoftDrinks</category><category>VitaminWater</category><dc:creator><![CDATA[Beth Gaston Moon]]></dc:creator><pubDate>Tue, 21 Aug 2007 18:00:00 EST</pubDate></item><item><title><![CDATA[Shocking news! Most high school students don't understand economics]]></title><link>http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/</link><guid isPermaLink="true">http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/</guid><comments>http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/#comments</comments><description><![CDATA[<p>Filed under: <a href="http://www.bloggingstocks.com/category/bad-news/" rel="tag">Bad News</a>, <a href="http://www.bloggingstocks.com/category/personalfinance/" rel="tag">Personal Finance</a></p><img vspace="4" hspace="4" border="1" align="right"  src="http://www.blogcdn.com/www.bloggingstocks.com/media/2007/08/feet.jpg" alt="" />Bad news for our country's future: According to a <a href="http://online.wsj.com/article/SB118662506102692601.html?mod=todays_us_personal_journal">piece</a> in today's <em>Wall Street Journal</em>, most high school kids aren't too sharp on the economics front: "On a zero-to-300 point scale, 12th graders had an average score of 150 points in the first-ever economics test administered under the federal government's National Assessment of Educational Progress, or NAEP."
<p>Some of the statistics:</p>
<p>60% could identify factors that lead to an increase in the national debt. That might sound good, but take a look at how the question was phrased:</p>
<p><em>Suppose that the federal government initially has a balanced budget. Which of the following changes in government tax revenues and expenditures over time will definitely lead to an increase in the national debt?</em></p>
<p><em>A) Increase (to revenues); no change (to expenditures)<br /></em></p>
<p><em>B) Increase; decrease<br /></em></p>
<p><em>C) Decrease; increase<br /></em></p>
<p><em>D) No change; decrease</em></p>
<p>The answer is C. I'm surprised that only 60% could figure out that a decrease in revenue and increase in spending would lead to an increase in debt.</p>
<p>32% of the students could identify how investment in education can affect economic growth.</p>
<p>11% could analyze how a change in the unemployment rate affects income, spending and production.</p>
<p>What's a shame is that I really believe that economics could be made into the most interesting high school class if it was approached with creatitivity. In recent years, there have been a slew of amazing books on economics: <em><a href="http://www.amazon.com/Freakonomics-Revised-Expanded-Economist-Everything/dp/0061234001/ref=pd_bbs_sr_1/103-2148776-0216641?ie=UTF8&amp;s=books&amp;qid=1186666867&amp;sr=1-1">Freakonomics</a></em>, <em><a href="http://www.amazon.com/Undercover-Economist-Exposing-Poor-Decent/dp/0345494016/ref=pd_bbs_sr_1/103-2148776-0216641?ie=UTF8&amp;s=books&amp;qid=1186666785&amp;sr=1-1">The Undercover Economist</a></em>, <em><a href="http://www.amazon.com/Travels-T-Shirt-Global-Economy-Economist/dp/0470039205/ref=pd_bbs_sr_1/103-2148776-0216641?ie=UTF8&amp;s=books&amp;qid=1186666744&amp;sr=8-1">Travels of a T-shirt in the Global Economy</a></em>, etc.</p>
<p>I bet that if schools ditched traditional textbooks and adopted a more user-friendly format, we would see these numbers skyrocket. People learn better when they're not bored.</p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/">Shocking news! Most high school students don't understand economics</a> originally appeared on <a href="http://www.bloggingstocks.com">BloggingStocks</a> on Thu, 09 Aug 2007 15:30:00 EST.  Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href=http://online.wsj.com/article/SB118662506102692601.html?mod=todays_us_personal_journal>Read</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/forward/961517/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.bloggingstocks.com/2007/08/09/shocking-news-most-high-school-students-dont-understand-econom/#comments" title="View reader comments on this entry">Comments</a>]]></description><category>Economics</category><category>economics education</category><category>EconomicsEducation</category><category>education</category><category>featured</category><category>high school</category><category>high school economics</category><category>HighSchool</category><category>HighSchoolEconomics</category><dc:creator><![CDATA[Zac Bissonnette]]></dc:creator><pubDate>Thu, 09 Aug 2007 15:30:00 EST</pubDate></item></channel></rss>
