Places second in the state of Iowa ...

Waukon Middle School eighth grade student Gavin Rounds finished in second place in the state of Iowa in the Iowa Stock Market Game Middle School Division. As part of the contest offered by the Securities Industry and Financial Markets Association (SIFMA) Foundation, each student was given $100,000 in pretend money to invest. Rounds was able to turn his $100,000 into $119,132.76 in 10 weeks, a return of 19.1%. Rounds’ results beat the S&P 500 return by 11.1% during that same timeframe, and his biggest gaining stocks were Netflix and Spotify. The students participating in the annual contest learn the basics of saving and investing. Submitted photo.