RUMFORD — Evan Gendreau, a seventh grader at St. Margaret School in Rumford, just made history. Gendreau defied the challenges of distance learning and cinched an exhilarating springtime win in the SIFMA Foundation’s 2020 InvestWrite competition.
He researched and composed an impressive investment plan promising a bright financial future and now he’s being recognized as the best in Rhode Island. In his essay, Gendreau tapped research tools that financial professionals use to make good decisions for their clients and created a high-performance portfolio that climbed to first place in Rhode Island.
From P/E ratios and Betas to fixed income and growth stocks, Gendreau’s broad knowledge of investing him to climb to the top of the competition in the middle school division among thousands of students competing nationwide.
InvestWrite is a national essay competition that bridges classroom learning in math, social studies, and language arts with the practical research and knowledge required for saving, investing and long-term planning. The competition serves as a culminating activity for participants in the SIFMA Foundation’s Stock Market Game™ program.
Essays are judged by thousands of financial professionals who volunteer their time each year to ensure young people are exposed to the essentials of personal finance early in life.