Fifth in the Nation
The Earl L. Vandermeulen High School investment team has become the only team from New York State to place in the top 10 in the nation as part of the 14th annual SIFMA Foundation’s educational Stock Market Game.
To earn their fifth-place placement, the team, made up of students Joseph Cangemi, Alex DiCarlo and John DiCarlo, invested a hypothetical $100,000, over a 14-week period, in listed stocks, bonds and mutual funds to maximize the return on their portfolios.
Showing a large hypothetical profit, the team will now head to Washington, D.C. on June 21 to be recognized at an awards reception on Capitol Hill.