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Getting to know the bull and the bear: young investors learn about the stock market summer camp.


Young investors learn about the stock market at summer camp

When the opening bell sounds at the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
, do you ever wonder what takes place on the trading room floor? Would you rather own Nike stock than Nike gear? Then consider taking up residence at the Bull & Bear Investment Camp in Kansas City, Missouri Kansas City is the largest city in the state of Missouri. It encompasses parts of Jackson, Clay, Cass, and Platte counties and is the anchor city of the Kansas City Metropolitan Area, the second largest in Missouri, which includes counties in both Missouri and Kansas. . Just ask Aubree Collins. an alumna of the camp.

Before attending the camp in 1997 and 1998, the Kansas City native was treeless about money. In fact, she had planned to become a scientist Bin, after hearing a radio ad for the camp, Aubree, 21, decided to sign up. The free, fiveday session was a real eye-opener. "When you re young, you're more concerned with buying clothes," says Aubree, who owns stock in Nike, McDonald's, and WorldCom, and recently opened a mutual fund account. "But camp made me rethink how I spent my money arm helped me focus on my long-term goals Long-term goals

Financial goals expected to be accomplished in five years or longer.
."

"Our camp teaches you about stocks, bonds, mutual funds. and the importance of saving and investing. We also expose kids to the many career opportunities available in the financial services industry;' says Douglas "At Coe, the president of Moody Reid Financial Advisors Inc., who started the camp in 199'1. On the first day of camp, students ranging in age from 9 to 17 are divided into two groups bulls and bears. Each team picks portfolio managers, economists, market analysts, mad traders. They receive Douglas Dollars similar in monopoly money for attendance, punctuality Punctuality
Fogg, Phileas

completes world circuit at exact minute he wagered he would. [Fr. Lit.: Around the World in Eighty Days]

Gilbreths

disciplined family brought up to abide by strict, punctual standards. [Am. Lit.
, and participation.

This past summer, thanks to NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 and the New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 school system, the camp traveled east to Prospect. Heights High School in Brooklyn, New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Coe coaches 27 students and took them on, tour of the New York Stock Exchange. "I learned the importance of managing my money," says Betty Sease-Bey, a Prospect Heights sophomore. The 15-year-old Brooklyn native, whose favorite subjects are math and English, reads the stock pages religiously and will begin investing in the healthcare sector this year.

Carlton Heslop, 16, a fellow Bull & Bear, now helps his friends read the stock pages. "I learned that, I have to put my money to work and not spend it on foolishness," the sophomore says. Carlton, a DJ who spins reggae and rap music in Brooklyn and New York City clubs, wants to save money for his business and for his college education. Like Betty, he plans to invest in the stock market. "It's really important that kids get involved in programs like the Bull & Bear Investment Camp," says Betty. We need to realize that it's good to save money for our futures."

For more information, call 800-761-0274.

Aubreen Collins: A Day in the Life

Sign: Leo Leo, in astronomy
Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac.
 Playlist A file that contains an index to a selected group of music files on the computer. Using digital jukebox software such as iTunes and Winamp, playlists are created by the user by dragging and dropping titles from a master index. The software may be able to create a playlist automatically. : Maxwell, Aaliyah, Sade, and Michael Jackson Sports: Basketball and bowling Reading Material: The Wall Street Journal Hangout Spots: Spoken-word venues Latest G0al: Saving up for a car. "1 want to save a large enough down payment so my monthly car note will be lower," she grins.

Betty Sease Bey: A Day in the Life

Sign: Cancer Things to De: Practice step routines with local dance troupe, the Nubian Queens Reading Material: The Upper Room by Mary Monroe Favorite Hicks: Love and Basketball Playlist: Ashanti and Fabolous Words to Live By: "The only thing we have to fear is fear itself."--Franklin Delano Roosevelt

Carlton Heslop: A Day in the Life

Sign: Pisces Sports: Basketball and football Spends His Time: Looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 hot CDs to play when he DJs Reading Material: Monster by Walter Dean Myers Quote to Live By: "Nobody can make you feel inferior without your consent,"

--Eleanor Roosevelt
COPYRIGHT 2003 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:$ and Sense; Bull & Bear Investment Camp; Bull & Bear Investment Camp
Author:Benet, Siobhan
Publication:Black Enterprise
Geographic Code:1U4MO
Date:Dec 1, 2003
Words:603
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