{"id":2385,"date":"2020-11-17T02:00:27","date_gmt":"2020-11-17T02:00:27","guid":{"rendered":"https:\/\/www.thebuzz.net.au\/fortstreet\/?post_type=article&#038;p=2385"},"modified":"2020-11-23T02:51:33","modified_gmt":"2020-11-23T02:51:33","slug":"australian-securities-exchange-asx-competition","status":"publish","type":"article","link":"https:\/\/www.thebuzz.net.au\/fortstreet\/article\/australian-securities-exchange-asx-competition\/","title":{"rendered":"Australian Securities Exchange (ASX) Competition"},"content":{"rendered":"<div>Congratulations to\u00a0<b>Lachlan McIntyre of Year 7<\/b>\u00a0who has come\u00a0<b>first in NSW in the Australian Securities Exchange (ASX) Competition\u00a0<\/b>for Semester 2 2020. Lachlan won a prize of $400!!! This competition is entered by tens of thousands of students across Australia.\u00a0We have never had a student at Fort St\u00a0win a monetary prize in this competition before.<\/div>\n<div><\/div>\n<div>Lachlan started the competition with $50,000 in pretend money to invest in shares in the ASX200. He invested in Nine Media and Dominos Pizza among other shares on the first day then held. With a few weeks to go in the competition he sold shares in AGL Energy and bought shares in Afterpay. He says he was incredibly lucky on the last day of the competition, as he gained more than $3,000 that day. Lachlan ended the competition with $59,446.52 &#8211; an almost 20% gain in his portfolio\u00a0in just two months. In contrast, the official interest rate (the cash rate)\u00a0is now 0.1% for the whole year. What an impressive achievement by Lachlan!<\/div>\n<div><\/div>\n<div>Lachlan is quoted in the ASX newsletter<\/div>\n<div><span style=\"color: #3d3d3d;font-family: Helvetica Neue,Helvetica,Arial,sans-serif;font-size: small\"><i>\u201cMy advice to help others would probably just be confident, don&#8217;t second guess yourself half-way through!\u201d<\/i><\/span><\/div>\n<div><a href=\"https:\/\/game.asx.com.au\/game\/info\/school\/newsletter?ecid=O~E~~~~~~~~13cf8c14-604d-42c3-908e-cc50d0580426\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/game.asx.com.au\/game\/info\/school\/newsletter?ecid=O~E~~~~~~~~13cf8c14-604d-42c3-908e-cc50d0580426<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Congratulations to\u00a0Lachlan McIntyre of Year 7\u00a0who has come\u00a0first in NSW in the Australian Securities Exchange (ASX) Competition\u00a0for Semester 2 2020. Lachlan won a prize of $400!!! This competition is entered by tens of thousands of students across Australia.\u00a0We have never had a student at Fort St\u00a0win a monetary prize in this competition before. Lachlan started [&hellip;]<\/p>\n","protected":false},"featured_media":2079,"comment_status":"closed","ping_status":"closed","template":"","class_list":["post-2385","article","type-article","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/article\/2385","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/article"}],"about":[{"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/types\/article"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/comments?post=2385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/media\/2079"}],"wp:attachment":[{"href":"https:\/\/www.thebuzz.net.au\/fortstreet\/wp-json\/wp\/v2\/media?parent=2385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}