Are you a smarter investor than a sixth-grader?

By Staff | April 11, 2014 | Last updated on April 11, 2014
1 min read

A group of Fargo, North Dakota, middle-schoolers are feeling smug after their portfolio, created for a class project, outperformed ones put together by college business students across America, reports the Associated Press.

Read: 4 obstacles to high-yield returns

Teacher Dave Carlson uses online portfolios to teach his sixth-grade math classes about investing. At the same time, one of the investment companies he used to manage the portfolio was holding a contest for the most successful investment club.

The McIntire Investment Institute of Virgina won, with a portfolio that returned 18.5% since inception. But one of Carlson’s class portfolios returned nearly 22%.

When the kids realized they would have beaten every university-level club, they were ecstatic, AP reports. They were invested in Netflix, Starbucks, Under Armour, Facebook, Amazon, Google and Priceline.com, to name a few.

Read how they picked their stocks here.

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Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.