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Overview of Rules. Begin with $100,000 cash May borrow up to $100,000 at 7% interest* Earn 5% interest on cash balance unspent* Trade stocks, mutual funds, (and bonds)on NYSE, AMEX or NASDAQ** Must buy a minimum of 100 shares in a transaction Minimum stock price of $5.00 required
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Overview of Rules • Begin with $100,000 cash • May borrow up to $100,000 at 7% interest* • Earn 5% interest on cash balance unspent* • Trade stocks, mutual funds, (and bonds)on NYSE, AMEX or NASDAQ** • Must buy a minimum of 100 shares in a transaction • Minimum stock price of $5.00 required • Pay 2% broker’s fee for all buy and sell transactions • Receive stock price at close of market*** • Diversification – 5 stock minimum and 30% maximum equity rules *Interest is posted weekly. **Bonds are only included in the year-long Stock Market Game. **Teams in the Take Stock in KY can only trade stocks on the KY stock list. ***Year-long Stock Market Game uses real-time trading.
Competitions & Awards • Awards and school trophies are granted to the top ranked teams • 1st - $300, 2nd - $200, 3rd – $100 1st through 10th win SMG T-shirts • Regional awards are given to first place teams* $50 for team or party for class t-shirts to winning team members • National InvestWrite essay competitiontop 10 in each division win prizes, including teacher! Laptop computers, trip to NY or Disneyland, $1000 savings bond