
And keep an eye on the BlackBerry stock, which is up more than five points this week.
The stock chatter isn鈥檛 coming from a Wall Street trading room. It stems from a classroom at Dearborn Heights Montessori Center, where students are keeping a close eye on the markets.
Lee Freeman visits the school for a couple hours every Wednesday to teach seventh- and eighth-graders about the stock market, and how they can assess financial risk and better understand investment strategy.
鈥淭he kids love it because it鈥檚 something that鈥檚 so new to them,鈥 said Freeman, an associate professor of management information systems at 黑料福利网. 鈥淭hey know these things called 鈥榮tocks鈥 exist, but they don鈥檛 know how to get one or why the prices change.鈥
The class is an elective, and school administrators encourage students鈥 parents to use their expertise by teaching courses. Some parents teach web design, while others focus on cooking and sewing, said teacher Kim Davidson.
鈥淚t is a tremendous gift to our program,鈥 said Head of Schools Kay Neff. 鈥淲hen you鈥檙e the age of these kids, your whole life is before you and you鈥檙e making a lot of decisions about what you might be interested in. This is an age of exploration for them.鈥
Enter Michael Nunu. The eighth-grader long aspired to be a doctor, but after taking Freeman鈥檚 stock market class, he鈥檚 broadened his career outlook.
鈥淟ooking at all of these choices and learning about the stock market, I think I can make a better decision on what I want to be when I grow up,鈥 he said.
And it doesn鈥檛 hurt that Nunu turned a profit, albeit a fake one.
Students purchased and sold stocks using a free stock market simulation program, in which they were initially provided $100,000 of fake money. They regularly monitored the market to determine which stocks to hold on to and which ones to sell.
Like Nunu, eighth-grader Emily Jason also turned a profit.
鈥淚t kind of changed my perspective on the way that money works,鈥 she said.
That was the idea when Freeman initially volunteered to teach the class last year.
鈥淪o much of the economy revolves around the stock market, and you can鈥檛 avoid that,鈥 Freeman said. 鈥淭his is going to be something that鈥檚 part of your life. They may not be investing in the stock market when they鈥檙e 15 or 16, but they鈥檙e probably going to be earning some type of income, so they have to decide what to do with it.鈥