[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

SCVNews.com | La Mesa Students Win Stock Market Game | 05-07-2012
Inside
Weather
Santa Clarita CA
Clear
Clear
64°F
 
Calendar
Today in
S.C.V. History
August 18
1946 - Pioneering Placerita Canyon movie producer Trem Carr dies in San Diego [story]
' style=


How many junior high students, when given $100,000 will invest in the stock market and earn over 6 percent in profits? How many junior high students are even familiar with the stock market? That is exactly what the Stock Market Game, a national program created by the Securities Industry and Financial Markets Association, is designed to address.

This year, La Mesa Junior High School students placed first and third in the Stock Market Game for the fall semester (September through December). The first-place team members were Alejandro Hernandez, Ryan Valencia, Chris Rodriguez and Zulema Mejicano, who made a profit of 6.1781 percent. Marisela Sanchez worked alone on the third place team and made a profit of 3.7429 percent.

Each team starts with basic “funds,” $100,000 in a brokerage account and must invest it in various stocks and mutual funds. Students track their investments using Math, English, Science and Social Studies skills, creating research portfolios using graphs and spreadsheets, as well as doing research papers on their companies.

Geoffrey Aronsky, the Business Education Teacher at La Mesa, has successfully run the Stock Market Game for the last nine years. He has also been named California’s Business Educator of the Year in 2008-2009 by the California Business Education Association.

Through the Stock Market Game, SIFMA Foundation hopes to foster knowledge and understanding of the financial markets and real life situations.

In August 2009, Learning Point Associates, a leading educational research firm, completed a two-year study funded by the Financial Industry Regulatory Authority to test the efficacy of the SMG program. The findings showed that SMG substantially improves student math scores on standardized tests and improves student investor knowledge. The study also showed that teachers were more likely to engage in financial planning practices as a result of teaching SMG.

Additionally, the first Nation’s Report Card on Economics, released in 2007, found that students participating in a stock market game scored significantly higher on standardized tests than students who had not participated.

In six consecutive reports over a 12-year period, the biannual survey by the Jump$tart Coalition for Financial Literacy also found that students that participated in a stock market game score higher on the Jump$tart financial literacy survey than students that did not participate.

The winning students from La Mesa will be honored in May at a luncheon sponsored by the Los Angeles Chamber of Commerce.

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

No Comments

    Leave a Comment


    LOCAL SCHOOL LINKS
    Related Content
    LATEST SCHOOL NEWS
    Wednesday, Aug 16, 2017
    The Saugus Union School Board is establishing a committee to advise on the development of policies and procedures for the sale or lease of surplus real property owned by the District.
    Wednesday, Aug 16, 2017
    The Castaic Union School District's Governing Board will hold a special meeting on Thursday, August 17 at 5 p.m.
    Tuesday, Aug 15, 2017
    Arroyo Seco Junior High School will be celebrating its 50th Anniversary on Friday, September 1, with a midday ceremony and festivities.
    Thursday, Aug 10, 2017
    The William S. Hart Union High School District Governing Board has approved the hiring of Ralph Peschek as Chief Financial Officer and John Muraki as Director of Classified Personnel.
    Wednesday, Aug 9, 2017
    The SCV Education Foundation seeks to further support its literacy programs at the Castaic, Newhall, Saugus and Sulphur Springs elementary school districts with its annual "Bag of Books" fundraising campaign.
    Keep Up With Our Facebook
    -->
    Latest Additions to SCVNews.com
    1946 - Pioneering Placerita Canyon movie producer Trem Carr dies in San Diego [story]
    ' style=
    The storewide remodel of the Walmart Supercenter at 26471 Carl Boyer Drive is complete and, in addition to the many physical changes inside, Santa Clarita residents now have access to Online Grocery Pickup.
    Walmart on Carl Boyer Drive Celebrates Grand Reopening Friday
    Tonight on SCV NewsBreak, two people have been hospitalized after a major collision. Plus, an acquisition of land near the 14. Watch these stories and more on tonight's edition of SCV NewsBreak.
    SCV NewsBreak for Thursday August 17, 2017
    Le Chene French Cuisine, a long-time Santa Clarita local favorite restaurant along Sierra Highway, has announced that they will be hosting a thrilling Murder Mystery Dinner on Saturday, November 4th, 2017.
    Nov. 4: Le Chene Murder Mystery Dinner
    Senator Scott Wilk, R- Antelope Valley, today announces that he is one of the 2017 inductees into the Antelope Valley High School Alumni Hall of Fame.
    Sept. 22: Wilk to be Inducted into AV High School Hall of Fame
    Signups are under way for the Santa Clarita Walk to End Alzheimer’s, which offers participants an opportunity to take a healthy stroll, experience outstanding live entertainment, honor loved ones who have been affected by Alzheimer’s and raise funds to battle the debilitating disease.
    Oct. 7: Walk to End Alzheimer’s; Signups Under Way
    According to the South Coast Air Quality Management District, air quality will be unhealthy for sensitive individuals in Santa Clarita Valley Friday.
    AQMD: Unhealthy Air Quality Forecasted for SCV Friday
    Trammell Crow Company (TCC) andand Clarion Partners are pleased to announce the acquisition of 54 acres of land for the development of The Center at Needham Ranch, a state-of-the-art business park in the city of Santa Clarita, CA.
    TCC, Clarion Partners Acquire More Than 50 Acres of SCV Real Estate
    The California Department of Tax and Fee Administration is hosting what will be a highly educational and informative (and free) Tax Seminar for Nonprofits and Exempt Organizations.
    Sept. 6: Tax Seminar for Non-Profits and Exempt Organizations
    For the first time in 99 years, a total eclipse of the sun will pass over the continental United States on August 21, and Princess Cruises guests sailing on six cruise ships in Alaska will be invited to special viewing parties as part of the cruise line’s exclusive Stargazing with Discovery at Sea program.
    Princess Cruises to Host On-Board Viewing Parties for Solar Eclipse
    Two people have been hospitalized with major injuries after a collision on San Francisquito Wednesday night.
    San Francisquito Road Collision Leads to Major Injuries
    Caltrans today announced that 32 major “fix-it-first” transportation projects can be accelerated a year earlier than planned thanks to anticipated funding from Senate Bill 1 (SB 1), the Road Repair and Accountability Act of 2017.
    More Than 30 Caltrans “Fix-it-First” Projects Accelerated by SB 1
    Statement from CSUN President Dianne F. Harrison on Recent Events in Charlottesville, Virginia
    CSUN President Releases Statement on Charlottesville
    The Los Angeles County Fire Department responded to a traffic collision at Bouquet Canyon and Plum Canyon Roads early Thursday morning.
    Firefighters Extricate Trapped Person After Early Morning Collision
    Brandon Gold allowed a tie-breaking home run in the sixth inning and the Lancaster JetHawks fell to the San Jose Giants, 4-2, on Wednesday night at Municipal Stadium.
    Gold, JetHawks Fall Short Against the Giants
    In comments submitted Thursday, Attorney General Xavier Becerra expressed his strong opposition to any attempt by the Trump Administration to open California’s coast to new offshore drilling.
    Becerra Vows to Protect State from Offshore Drilling
    While Charlottesville violence and protests continue divisive dialogue nationally, Santa Clarita residents gathered to create a place “to be able to come together.”
    Community Members Hold Vigil for Charlottesville
    1920 - Actress Maureen O'Hara born in Ireland; 1961 "Parent Trap" uses Disney Golden Oak Ranch [story]
    Farmers and environmentalists are lining up to battle the $16.7 billion California WaterFix tunnels project proposed for the Sacramento-San Joaquin River Delta.
    Farmers, Environmentalists Join to Fight California ‘WaterFix’ Project
    There's a new Grizzly at Golden Valley High School as Matt Sorensen has been named the school's new head baseball coach.
    Matt Sorenson New Head Baseball Coach at Golden Valley
    Tonight on SCV NewsBreak, Sheriff’s deputies are continuing to conduct burglary suppression operations in our valley. Plus, Representative Steve Knight sat down with local law enforcement to discuss the current state and future role of policing in the SCV. Watch these stories and more on tonight's edition of SCV NewsBreak.
    SCV NewsBreak for Wednesday, August 16, 2017
    The Saugus Union School Board is establishing a committee to advise on the development of policies and procedures for the sale or lease of surplus real property owned by the District.
    Saugus Board Creates Surplus Property Advisory Committee
    The SCV Sanitation Board has provided an update in its efforts to comply with the state-mandated chloride limit, including finalizing the Recirculated EIR released for public comment in May.
    SCV Sanitation Board Finalizing EIR Due August 18
    "Music, Volume 1," the latest album by platinum recording artist and CalArts' School of Music namesake Herb Alpert, recently reached the No. 1 spot on the Billboard Contemporary Jazz Albums chart.
    Herb Alpert’s Latest Album Tops Billboard Jazz Chart
    The Castaic Union School District's Governing Board will hold a special meeting on Thursday, August 17 at 5 p.m.
    August 17: Castaic Schools Governing Board Special Meeting
    MannKind Corp. is moving its corporate headquarters to Westlake Village, after nearly 17 years in Valencia, according to the latest quarterly report it filed with the SEC.
    MannKind Corp. Moving from Valencia to Westlake Village
    CalArts grads Mark Bradford and Sharon Lockhart headline the Un-Private Collection artist talk at the Orpheum Wednesday night, presented by the Broad museum of contemporary art.
    August 16: CalArtians Mark Bradford, Sharon Lockhart at Broad in L.A.
    Santa Clarita Valley International School has hired veteran coach Ken Erenberg as athletic director, the school announced today.
    Ken Erenberg Named SCVi Athletic Director
    The Los Angeles Dodgers took the first of the two-game Interleague series with a 6-1 victory over the White Sox at Dodger Stadium Tuesday night.
    Dodgers Soil White Sox 6-1 Tuesday
    40 oz. to Freedom arrives in Santa Clarita as part of its anniversary tour at Concerts in the Park at Central Park on Saturday, August 19, with showtime at 7 p.m.
    August 19: 40 Oz. to Freedom Rocks Central Park
    Senator Scott Wilk, R- Antelope Valley, today submitted a letter to the California Department of Corrections and Rehabilitation during a public comment period regarding proposed regulations that could lead to the early release of dangerous "nonviolent" inmates and diminish victim rights.
    Wilk Urges Public Safety When Releasing ‘Non-Violent’ Felons
    The Los Angeles County Commission on Human Relations released a statement Wednesday morning, condemning the violence and mourning a death in Charlottesville.
    County Commission Mourns Death of Charlottesville Protester
    Garrett Hampson, the Cal League’s reigning Player of the Week, slugged a two-run home run to lead the Lancaster JetHawks to a 5-3 win over the San Jose Giants on Tuesday night at Municipal Stadium.
    Hampson Stays Hot, Lifts ‘Hawks Over Giants
    Santa Clarita Valley Sheriff's Station deputies arrested three suspects and seized drugs and weapons in a recent burglary suppression operation.
    SCV Deputies Arrest 3, Seize Drugs, Weapons
    1947 - Newhall Hardware opens on Spruce Street, now called Main Street [story]