The University of Wisconsin-Eau Claire High School Stock Market Challenge

The1 st Annual University of Wisconsin-Eau Claire High School Sock Market Challenge Is Now Underway

Prizes

As a result of increased support from the University of Wisconsin-Eau Claire, and our sponsors, we have been able to considerably increase the amount of cash prizing that is available to our participants. Students will now be competing for $900 in cash prizes. The challenge’s top 10 student winners will be awarded as follows:

  • 1st Prize = $500
  • 2nd Prize = $300
  • 3rd Prize = $100

Winners will be determined based on their overall positive portfolio performance, following the rules, and timely completion of the built-in Personal Finance curriculum.  See the Official Rules Below. Click the button below to register.

Official Rules

  • The challenge is free and open to all students currently enrolled at a high school in the State of Wisconsin for the Spring 2024 term.
  • Students may only enter once with an active high school State of Wisconsin email address and proof of enrollment if declared a winner.
  • Registration opens Monday, February 19th, 2024, and closes February 26th, 2024 at 11:59 PM ET.
  • The competition begins Monday, February 26th, 2024, and will run through 11:59 PM ET on  April 26th , 2024.
  • Students will start with a $100,000 in virtual cash.
  • Students can trade U.S. stocks, ETFs, mutual funds, and bonds.
  • Minimum Stock Price is $5
  • There will be a position limit enforced so students cannot invest more than 10% of their money in any one security.
  • All participants will be required to use the website’s trade journal feature to document their decisions for making their trades.
  • Day trading, short selling and buying on margin are NOT allowed.
  • To be declared a winner, participants MUST
    • Have a positive portfolio return of greater than their $100,000 beginning cash balance provided.
    • Placed a minimum of 40 trades during the event.
    • Must have placed trades in February, March, and April. If you have not placed a trade in the aforementioned months, you cannot win.
    • Must use the Trade Journal feature to document decisions for making trades.
    • Complete all the Personal Finance Lessons by 11:59 PM ET on Friday, April 26th , 2024 (examples of lessons listed below).
    • Provide a valid phone number and respond if you have been declared a winner of your acceptance within 72 hours of notification of an award.
    • Provide proof of attendance at the participating school.
    • Students must agree to supplying a photo and be available for a recorded interview to be made public as the organizing committee deems appropriate.
    • Not completing part of the requirements will disqualify you and the organizing committee shall go in descending order to award winners.
  • StockTrak Inc. shall be the final authority with respect to winners, awards, and distribution of prizing.
  • StockTrak’s audit team will declare the winner 7 business days after the competition ends.

Mandatory Personal Finance & Financial Literacy Assignments

Personal Finance Lessons will include:

  • What is a Stock?
  • What is an ETF?
  • What is a Bond?
  • What is a Mutual Fund?
  • What is the Dow Jones Industrial Average?
  • What is an Income Statement?
  • What is a Balance Sheet?
  • Basic Investing Strategie
  • Creating a Personal Budget
  • Buying a Car
  • Introduction to Mortgages
  • How do I Save to be a Millionaire (lesson on compounding)
  • Understanding Credit and Credit Cards
  • What is a Credit Score?
  • Credit Reports
  • Retirement Planning
  • Use the Investment Return Calculator
  • Use the Home Budgeting Calculator
  • Spending and Savings Plans
  • Budgeting and Spending Strategies
  • What is Wealth?
  • Preparing for spending shocks
  • Good debt and bad debt
  • Managing debt

Additional Sponsorship Provided by:

Each year, Stock-Trak serves more than 1,000 professors and their 75,000 business school students through its flagship website: www.StockTrak.com. Additionally, more than 82 percent of the top U.S. business schools have turned to Stock-Trak to complement their finance curricula with its practical learning software in the classroom and in finance labs.