FALLBROOK – Fifteen Fallbrook High School economics students collaborating on four teams placed in the top 10 of the 2013-14 Stock Market Game competition in the region and will be honored in a ceremony at the San Diego County Office of Education.
The students participated in the year-long Stock Market Game sponsored by the Securities Industry and Financial Markets Association. Competing against 505 other high school teams in the San Diego region, FHS teams took second, third, fifth and ninth places.
Performance is measured against the Standard and Poors 500 index from Sept. 9, 2013 through April 25, 2014.
Finishing second were seniors Juan Basave, Kevin Gonzalez, Chance Kazen, Miranda Gravett, and AnnMarie Ferrer from economics teacher Dave Evans’ first period class. Finishing third were seniors Alex Magos and Azucena Razo from teacher Ken Krupa’s fourth period economics collab class. Finishing fifth were seniors Osvaldo Escobar, Reece Munsinger, and Andres Topete, from Krupa’s fifth period Economics collab class. Finishing ninth were seniors Dylan Crowell, Paul Herriman, Dylan James, and Kellen Stubbs, from Evans’ first period class.
Evans and Krupa have been working together with collab students for five years. This is the first year Krupa fielded his own teams and did so with great success.
The second and third place teams at FHS outperformed the S&P 500 by 26.8 percent and 22.9 percent, earning profits of $40,894 and $137,036 respectively. The second place team missed finishing first by just $25.78.
Numbers for the fifth and ninth place teams were 19.4 percent/$33,486 and 10 percent/$124,147.
Krupa and Evans finished as the number two and three advisors in the San Diego Region, which includes high schools from Imperial, Orange, Riverside, San Bernardino, and San Diego Counties.
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.
“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 investing in the real world!”