ReachOut mentees learn how to play the stock market with BNY Mellon

Could Manchester be hiding the next Warren Buffett? After last week's workshop at BNY Mellon, who knows! Young people aged 14-16 from Our Lady's High School in Higher Blackley came to the BNY Mellon office in Spinningfields, the corporate hub of Manchester, to test their financial acumen. 

The young people were given £80,000 per team (imaginary money unfortunately!) to invest in what stocks, shares and commodities they thought stood to go up in value. After each turn, the values of the stocks would change and the bank would open up again for stocks to be sold and bought. 

Fists punched the air as dividends came through, and heads were held in hands as stock holder confidence plummeted, but at the end of the day all our teams managed to stay in the black. 

The winning team managed to make a monstrous £18,000 thanks to shrewd investment in the gold and oil industries, and were rewarded with every aspiring stock brokers dream... Jellybeans!  

The workshop was a great opportunity for the young people to get a taste of corporate life in the city, and to ask any questions about the industry they want. It was a highly informative and interactive session, and  a great time was had by all. Thank you for making it happen BNY Mellon!

Luke
Manchester

This one, buy, buy, buy!

The results are in!