Gwinnett County Public Schools students who participate in Shiloh High's Air Force Junior Reserve Officers Training Corps (ROTC) unit recently earned the Distinguished Unit Award.
The honor recognizes the personal growth and accomplishments of the cadets, the contributions of the instructors as mentors of these students and the support of the school and community.
The objectives of the Junior ROTC program are to educate and train high school cadets in citizenship and life skills; promote community service; instill responsibility, character and self-discipline through character education; and to provide instruction in air and space fundamentals.
Out of the 879 high school JROTC units across the nation, Shiloh High was among those chosen for the 2008-09 award, an honor the school also has received in previous academic years. The Junior ROTC enrollment includes more than 102,000 cadets across the nation.
Students named winners of 2009 Sanders Financial Scholarships
Sanders Financial Management has named two Gwinnett students as recipients of its 2009 Sanders Financial Scholarships. Jerry Fong, a student at Norcross High School, and Zack Radermacher, a student at Wesleyan School, have each received scholarships valued at $500.
Sanders Financial Management believes that to prepare young people for a competitive work force, it is vital that they understand how the global financial system works. To educate students, SFM launched the Sanders Stock Market Challenge in 2006. This initiative is a 10-week simulated stock market competition designed to teach students about economics and finance and better prepare them for careers in the business world.
Students were given a hypothetical $100,000 to invest and each was able to buy and sell stocks or mutual funds available on several exchanges. At the end of the 10-week period, the student with the largest portfolio and greatest return was declared the Sanders Financial Scholar and received a $500 college scholarship at their awards ceremony.
Fong managed an outstanding portfolio that was up 21 percent in just 10 weeks. To put that in perspective, during the same time period the S&P 500 (which is a broad stock market average) was up less than 5 percent. Fong's return was four times the market average, and on an annualized basis he had a triple-digit return. He did this with investments in a bank and several Chinese companies.
Radermacher also managed an outstanding portfolio. It was up 15 percent in 10 weeks, so if you were to annualize this number that would put the annual return nearly 80 percent. Radermacher achieved that return by investments in a diversified portfolio, including a shipping company, a global conglomerate and a small regional bank.
Heather Darenberg writes about education. Good News From Schools appears in the Sunday edition of the Gwinnett Daily Post. For more good news, visit www.gwinnettdailypost.com on Monday.