'Buy high - sell low". That was the advice of 10 year old Esther, a mentee on our ReachOut club program. We were in the middle of a BNY Mellon Fundopoly workshop at one of our primary schools. She recited the saying earnestly, offering the little pearl of wisdom to her team mates as they decided what shares to buy next.
Fundopoly is a game developed in house at BNY Mellon. It's specifically designed to introduce children and adults to the world of investment banking. The game involves buying and selling shares with one simple aim in mind: profit. Each turn the teams bought shares they thought would grow and sold those they thought were set to tumble. At the end of each round share prices fluctuated depending on economic conditions (or by the turn of a card in the context of the game). Fortunes were made and lost, investors rose to prominence or plummeted to the dust. Luckily it was only Fundopoly money at stake!
The fantastic volunteers from BNY Mellon, provided a fun and involving introduction to the world of investment banking, and all of the young people threw themselves into the activities with enthusiasm. It even looks like we might have a few budding traders in our midst.
A very heartfelt thank you goes out to the BNY Mellon staff who took time out of their working week to deliver a fantastic workshop. Thanks especially must got to Annie Mbako at BNY Mellon and Antoinette Attuah at the Salford Foundation, both of whom helped to make the workshop possible. Thanks also to Heald Place Primary school, and St John Fisher and Thomas Moore Primary school for hosting the workshops.
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