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Morristown, New Jersey, fifth-grader Callie Sundin wins investment prize


By Kevin Coughlin - February 4, 2011

"A portfolio without sector diversity is like a cup of hot chocolate without a marshmallow." –Callie Sundin, Morristown fifth-grader

Who needs a financial planner? Just bring your cash to Morristown’s Thomas Jefferson School and let fifth-grader Callie Sundin invest it for you.

Callie Sundin, 11, of Morristown has won a $100 prize and a trophy for her essay about dividend investing. (Photo by Kevin Coughlin)

At a school assembly on Friday, Callie learned that her essay about dividend investing (see below) won a statewide contest called InvestWrite, sponsored by the Securities Industry and Financial Markets Association Foundation. She won $100 and a trophy almost as tall as she is.

“I’m going to put it in my savings account,” Callie said of the prize money. “I will do something good with it when I grow up. Maybe put it to buying a house.”

Her winning description of PE Ratios and Beta values continues a tradition started in 2008 by another TJ fifth-grader, Caroline Hersh, whose essay comparing the bottom lines of apparel labels Ann Taylor and Abercrombie and Fitch won a top prize........

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SOURCE: IN THE NEWS from MorristownGreen.com Website: https://morristowngreen.com/2011/02/04/morristown-fifth-grader-callie-sundin-wins-investment-prize/

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