| Year 10 BIT Students Learning the Sharemarket |
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Year 10 BIT students are currently competing in the Australian Sharemarket Game. Each group gets $50 000 (pretend money) to invest in shares. They have a list of 100 companies in which they can invest and they must have diversification and have no more than $12500 invested in any one company.
The students can buy and sell at any time, however, they are charged a commission (brokerage) every time they buy and sell. The competition runs for 10 weeks, with cash prices up for grabs for the top 3 teams in Queensland and also Australia.
The competition started on August 19 and students are enjoying this and most teams balances are still more than
$50 000.
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