FHS economics students sweep Stock Market Game awards

FALLBROOK – Seven Fallbrook High School (FHS) economics students, collaborating on three teams, swept the 2012-13 Stock Market Game competition 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 251 other high school teams in the San Diego region, FHS teams took the top six places, seven of the top 10, and 15 of the top 20.

Performance is measured against the performance of the Standard and Poors 500 index from Sept. 4, 2012 through April 26, 2013.

Finishing first were seniors Esteban Chavarria, Ben Escobedo, and Christian Sanchez from economics teacher Dave Evans’ fifth period class. Finishing second were seniors Katie Hernandez and Amanda Louden from Evans’ sixth period class. Finishing third were seniors Connor Shutte and Cy Vojak from economics teacher Dan Bachman’s second period class.

The first, second, and third place teams at FHS outperformed the S&P 500 by 57.62 percent, 55.88 percent, and 47.78 percent, earning profits of $70,297.40, $68,558.46 and $60,459.06 respectively. The first place team set a school and San Diego Region record in both categories.

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

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. Evans’ teams placed first, second, fourth, fifth, sixth and ninth overall in the top ten. Evans was the only advisor whose teams collectively outperformed the Standard and Poors 500 index. Those teams averaged $13,450.54 in profits compared to $9,336.30 for the second place advisor.

The Stock Market Game gives students the opportunity to experience the stock market in real time. Each collaborative team is given $100,000.00 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 website 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.

Also participating were economics teachers Adriana Lopez and Scott Foster.

“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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