The Gonzaga Young Investors Society, built by students Moe Kirmani, senior, Tommy Siracuse, senior, and Simon Pels, junior, with the assistance of club moderator Mr. Tom Every, headmaster, has gained a lot of popularity on campus.
“As of right now we have over 100 members in the club, and our numbers continue to grow,” Pels said.
Not only does this club discuss certain skills and topics that revolve around moving assets in the stock exchange, but through MarketWatch’s virtual stock exchange, students can practice maneuvers with virtual money that directly follows Wall Street.
“We’ve been able to bring in some great speakers from the world of finance to talk about investing in all sorts of things like stocks, bonds, and ETFs,” Mr. Every said.
Not only does this club emphasize the growth of investment skills, but how the finance world exists in many different veneers of life.
The club has had the former president of the NYSE (New York Stock Exchange) Tom Farley, who is related to science teacher Ms. Caitlin Farley, come into the school and deliver a speech to the students of Gonzaga this school year.
“Mr. Every has provided insight to his own experience with trading stocks,” Kirmani said. “He has presented ideas in moving the club forward while making complicated topics easy to understand.”
Kirmani shared his hopes for the club.
“We want people to understand the fundamentals of investing in the stock market,” Kirmani said. “Not every school has a personal finance class that assesses the value of the NYSE and what it can do to the lives of the American people.”
With the idea of how our money continually falls into 401ks, retirement funds and investment accounts, giving students knowledge of the financial benefits and downfalls of investing will help students gain an understanding of how their lives can be helped by investing or move towards a career that revolves around financial investments.
“Our numbers have continued to grow since we had Mr. Farley come in and speak to us,” Siracuse said. “It is evident that people want to learn this lifelong skill that can help them make money, learn important life skills and know where to place their capital safely.”
Not only does the Young Investors Society promote investing, but it also emphasizes the fact that it can be safely done without losing all of one’s money, which is something that happens to many people in this day in age.
“The club is a great opportunity for guys to practice investing, though our MarketWatch game is no-risk,” Mr. Every said.
Once again, Gonzaga students have risen to the occasion and brought awareness to a life skill that is good to have, but most of all this coalition will help the students on Eye Street make some money down the road.
joypatel • Apr 25, 2023 at 2:33 am
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