Westmoor 5th-grader Anthony Pace demonstrated that he not only knows his way around the stock market but also how to write about it.
According to a news release, Anthony placed first in the state of Illinois in the Elementary School Division of the Spring 2024 InvestWrite national essay competition.
Last spring, 4th- and 5th-grade Westmoor students participated in The Stock Market Game, a financial education program challenging students to manage a hypothetical $100,000 online portfolio of stocks, bonds, mutual funds, and cash, the release said. The game and the essay contest are sponsored by the Securities Industry and Financial Markets Association Foundation (SIFMA) Foundation. The foundation delivered a cache of prizes to Anthony after his essay was named the best in the state in the elementary division. In total, 959 students participated in the competition nationally.
Anthony’s 4th-grade teacher, Nick Grigolo, presented the award to Anthony on Monday in front of his classmates. Anthony’s team invested in a number of sporting goods and other companies including Lululemon, according to the release. His essay recaps his experience investing in the Stock Market Game and offers the golden rule of advice in stocks: “Buy low, sell high.”
“Mr. Sylvano (the 4th grade literacy teacher) taught me to really like literacy and writing and I wanted to try my best to see if I could win anything,” Anthony said in the release. “I thought I might make it in the top ten but I didn’t think I would win!”
“Anthony has so much going for him. He is hardworking and kind but what really impresses me is his ability and desire to go above and beyond what is expected of him as student. Good isn’t good enough. Anthony always gives his very best,” Grigolo said.
Anthony said he is devoting his writing efforts this year to fiction, especially fantasy and mystery fiction, the release said. As for the $100 gift card, he says he plans to save it.
