Financial Adviser Creates March (Money) Madness to Promote Financial Literacy

Brokerage professional gives common sports bracket investment spin

Robert Wilson, creator of March Money Madness

What types of stocks are included in this and how are the match-ups chosen?

The bracket is broken down into four sectors: technology, financial, consumer, and industrial. Sixteen stocks from each sector are chosen for the competition. I choose the stocks in an effort to have some that are widely familiar to people (Nike, Apple, General Electric, etc.) mixed in with a few stocks that are less familiar and will require research. (See the entire list of 64 stocks from last year’s bracket here.)

How does one choose which stock will do better than the other?

This is what makes the game challenging and fun! Just like the games in the NCAA tournament, the outcome of these short-term match-ups are somewhat unpredictable, but doing your homework will help you make an educated prediction.

For example, if a company is releasing their quarterly earnings during one of the rounds and you expect that they will beat estimates, then you probably want to pick that stock because its price will likely go up.

If there are negative news stories affecting a company, then you may not want to pick that stock, as the news will likely negatively affect the stock price.

What can people learn about investing from March Money Madness?

What’s great about the competition is that you can test out your hypotheses about what makes stock prices move in the real market, and this experience can help you become a better investor.

After playing the game, players should be able to:

—Read and understand stock market information in the newspaper (USA Today, local paper, etc)

—Know where to go to find information on the market (Black Enterprise, WSJ, Barrons, Smartmoney)

—Know how to research past stock prices (Google Finance, Yahoo Finance, Morningstar)

—Understand issues that affect stock prices (revenue, earnings announcements, interest rates, unemployment reports, etc.)

—Gain a comfort level with the movement of stocks in the market (less fear of investing)
Know where to go to open an brokerage account if they want to start investing.

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8 Responses to Financial Adviser Creates March (Money) Madness to Promote Financial Literacy

  1. Pingback: Financial Adviser Creates March (Money) Madness to Promote Financial Literacy | Crayton Financial | Helping You Reach Your Potential

  2. Elisabeth Donati says:

    Great work…using something people are already interested in to teach them about something they need to be interested in. Love it. Teaching financial education using games and activities is something I’ve done since 2002 through camps and now The Money Game. All I can say is Keep Up The Great Work!

  3. Pingback: Money Matters « Doug Banks Radio Show

  4. Pingback: March Money Madness in Black Enterprise! «

  5. Matthew Pixa says:

    I love the article and concept! I too have created a bracket of sorts but it’s more as a way to exhibit investments that my firm is either opening or adding to. Check it out:

  6. Bobby Dinero says:

    @Elizabeth thanks for the comments! I hope you keep up with the greg work of The Money Game as well!

  7. Bobby Dinero says:

    @e9645a6978174e838d8a366cc26c62af:disqus  I hope you’re recovering well from surgery!

  8. Pingback: March Money Madness in Black Enterprise!

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