RUMFORD — We could all learn something from sixth-grader Amani Migwi. At only 11 years old, this portfolio prodigy from Rumford has developed an investment strategy primed for long-term financial success. Migwi’s vision of how to invest judiciously for the future cinched her an exhilarating win in the SIFMA Foundation’s Spring 2022 InvestWrite competition.
Competing in the middle school division, Migwi, who attends St. Margaret School, researched and composed an impressive long-term financial plan and now she is being recognized as first place in the state of Rhode Island.
SIFMA Foundation’s InvestWrite national essay competition bridges classroom learning in math, social studies, and language arts with the practical research and knowledge required for saving, investing and long-term planning. It also serves as a culminating activity for The Stock Market Game™ curriculum-based financial education program that challenges students to manage a hypothetical $100,000 online portfolio of stocks, bonds, mutual funds and cash over a period of 14-weeks, a semester or a school year.
“The SIFMA Foundation ensures young people of all backgrounds are better prepared for their financial lives,” said Melanie Mortimer, President of the SIFMA Foundation. “We congratulate Amani on this remarkable achievement and commend her teacher and school for their commitment to financial education.”
The Spring 2022 InvestWrite competition asked 4th-12th graders: What is something you learned about investing that you didn’t know before participating in The Stock Market Game? Participants explained how investing can help your future and help others. The game asked students how they could $100,000 to perform well over the next 30 years, choosing which stocks, bonds, and mutual funds that would best help the meet their goals. Migwi impressed the panel of expert judges with her thoughtful and insightful essay.
Amani Migwi and her teacher, Denise Zavota were honored by the SIFMA Foundation during a classroom presentation on June 14.