Rieko Luo is a middle-schooler who really knows her investment strategies. The teen used market savvy to write her award-winning essay, placing second in the nation for the SIFMA Foundation’s Fall 2016 InvestWrite competition. The money maven is in the eighth grade at IS 187, the Christa McAuliffe Intermediate School.
The program challenges thousands of students across the country to consider an investing scenario and make recommendations that incorporate short- and long-term investment goals.
“Rieko Luo’s innovative investment analysis of companies utilizing augmented and virtual reality earned her the SIFMA Foundation’s ‘InvestWrite Genius’ title this year,” said Melanie Mortimer, president of the SIFMA Foundation. “We commend Rieko and her teacher, Yuliya Mikhels, for this achievement. Helping students better understand our economy, our markets, the role of investors, and how to make good investments will pay dividends for the students, their education, and the economy.”
InvestWrite serves as a culminating activity for 600,000 fourth- through 12th-graders nationwide who compete each year in the Foundation’s Stock Market Game.
The essay prompt challenged Luo to research augmented and virtual reality and apply concepts learned in the game to make a portfolio recommendation based on what would be a good long-term investment — in reality. Luo focused on Microsoft, explaining, “In 2015, Microsoft stock’s run-rate was over $8.2 billion in the cloud business. Microsoft expects to reach a grand $20 billion in the upcoming years. The company has aligned itself towards the future and strived to appeal and be attentive to their customers’ wants.”
Her teacher, Yuliya Mikhels, teaches mathematics and has developed a course teaching the foundations of finance. She has served as a dual-language Russian teacher in mathematics, social studies, and science. Mikhels said, “The InvestWrite competition is a perfect platform for my students to integrate their interests, skills, and experience in the Stock Market Game.”
IS 187 [1171 65th St. at 12th Avenue in Bensonhurst, (718) 236–3394].
Sanding Os are sent to Lance Shulman. The Dyker Heights resident was honored by the Joslin Diabetes Clinic in Boston. Lance has had Type 1 diabetes since 1967.
He explained that Joslin honors individuals who have survival rates or 10, 25, and, of course, 50 years.
Representatives from Joslin will be presenting Lance with his honors on May 17 at his home.
Standing O wishes him many more years of continued health.
Joslin Diabetes Clinic (1 Joslin Pl. in Boston, Mass.)
©2017 Community News Group
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