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FHS economics students sweep Stock Market Game awards

FALLBROOK – Eight Fallbrook High School (FHS) economics students collaborating on three teams swept the 2011-12 Stock Market Game competition and will be honored Monday, June 4 at the San Diego County Office of Education. A ninth student took first place in the InvestWrite essay competition.

The students participated in the year-long Stock Market Game and InvestWrite essay competition sponsored by the Securities Industry and Financial Markets Association. Competing against 289 other high school teams in the San Diego region, FHS teams took the top four places, eight of the top 10, 13 of the top 15, and 20 of the top 25 places overall.

Finishing first were seniors Andrew Hernandez and Maritza Plascencia from Economics teacher Dave Evans’ sixth period class. Finishing second were seniors Christian Gutierrez, Oscar Ramirez, and Shea Scanlon from Evans’ first period class. Finishing third were seniors Christian Hernandez, Andres Palmerin, and Michelle Trejo from Evans’ fifth period class.

Senior Noemi Jara of Evans’ fourth period class finished first place in the InvestWrite essay competition.

Evans finished as the number one advisor in the San Diego Region, which includes high schools from Imperial, Orange, Riverside, San Bernardino, and San Diego Counties.

All nine students will receive special prizes for their first, second, and third place finishes in the Stock Market Game and InvestWrite competition and each of the three teams will be given an opportunity to share their experiences and what they learned about financial markets and investing.

The Stock Market Game gives students the opportunity to experience the stock market in real time. Each collaborative team is given $100,000 to invest. Initial investment decisions are made after the students research stocks and mutual funds and decide which ones to invest their capital in.

All buy and sell transactions are made online at the Stock Market Game web site in real time. If the teams so choose, they can sell and reinvest capital at any time during the game, whether to stem losses or to capture profits. Performance is measured against the performance of the Standard and Poors 500 index from Sept. 6, 2011 through April 27, 2012. The first, second, and third place teams at FHS outperformed the S&P 500 by 30.22 percent, 21.27 percent, and 20.38 percent, earning profits of $50,651, $41,700, and $40,810 respectively.

Fellow economics teacher Dan Bachman had fourth and 17th place teams. Fellow economics teacher Adriana Lopez had 20th, 23rd, and 24th place teams.

“It is a great credit to these students for giving forth the effort necessary to be successful investors, especially in a volatile market like this,” said Evans. “We at Fallbrook High congratulate them and wish them well as they move on to real investing in the real world!”

 

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