header image

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

Inside
Weather


 
Calendar
Today in
S.C.V. History
May 6
1971 - Fort Tejon added to National Register of Historic Places [story]
Fort Tejon


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
    Friday, May 3, 2024
    The regular meeting of the Saugus Union School District Governing Board will take place Tuesday, May 7, with closed session beginning at 5:30 p.m., followed immediately by public session at 6:30 p.m.
    Friday, May 3, 2024
    The Castaic Union School District Governing Board will hold its regular meeting Thursday, May 8, at 6 p.m. A closed session will be held at 5:30 p.m.
    Monday, Apr 29, 2024
    A special meeting of the William S. Hart Union High School District’s Governing Board will be held 4:30 p.m. Wednesday, May 1. It will be followed by the regular meeting of the Hart Board at 7 p.m.
    Friday, Apr 26, 2024
    In the Roaring ’20s in the big city, if there’s enough “razzle dazzle,” you just might get away with murder. That’s the premise of the hit musical “Chicago,” which has enjoyed success for nearly 50 years, and was based on true-crime stories of a century ago.
    Friday, Apr 26, 2024
    Blue Heat, the Saugus High School show choir team, ended its competition season on April 12 with a first-place finish in the mixed division Tier IV at John Burroughs Music Showcase 2024 held in Burbank. The team also won the awards for Best Musicianship and Best Showmanship.

    Latest Additions to SCVNews.com
    Gilbert, Arizona's Leah Burke has signed her National Letter of Intent to play soccer at The Master's University.
    Lady Mustangs Add Leah Burke to Soccer Roster
    CEDAR RAPIDS, Iowa  - The Master's University struggled against a high-energy Georgetown (KY) Tigers squad, losing in straight sets 23-25, 18-25, 20-25 in the championship match of the 2024 National Association of Intercollegiate Athletics Men's Volleyball Championships.
    Mustangs Drop NAIA Championship Game
    College of the Canyons student-athletes Nichole Muro (softball) and Owen Crockett (men's golf) have been named the COC Athletic Department's Women's and Men's Student-Athletes of the Week for the period running April 29 to May 4.
    COC Names Nichole Muro, Owen Crockett Athletes of the Week
    Step into the Heart of 1970s Texas at The MAIN as Front Row Center presents, "Lone Star, Laundry, and Bourbon."
    ‘Lone Star, Laundry, and Bourbon’ Coming to The MAIN
    Warmer weather, longer days and the sound of baseball is officially back!
    Ken Striplin | Santa Clarita Dodger Day Celebrates 45 Years
    Mental Health Hookup, in partnership with Henry Mayo Newhall Hospital, will conduct the third annual Stop the Stigma community event on May 18, from 10 a.m. to  2 p.m., on the Henry Mayo Newhall Hospital campus, located at 23803 McBean Parkway in Valencia.
    May 18: Stop the Stigma Community Event
    California State University, Northridge is set to open a first of its kind resource center in the CSU system to provide basic needs services such as food, clothing and wellness in a centralized location on campus.
    CSUN Set to Open First of Its Kind Student Resource Center
    The city of Santa Clarita’s Film Office released the list of three productions currently filming in the Santa Clarita Valley for the week of Monday, May 6 - Sunday, May 12.
    Three Productions Filming in Santa Clarita
    In an effort to bolster local businesses, Los Angeles County just launched the Entertainment Business Interruption Fund, a $4.1 million grant program aimed to serve businesses that were impacted by the Hollywood strikes and the pandemic.
    Kathryn Barger | Bolstering Entertainment Businesses
    The city of Santa Clarita is excited to announce the upcoming exhibition, “From the Sweet Flypaper of Life,” featuring the remarkable works of high school students enrolled in the CalArts Community Arts Partnership (CAP) Photography Lab Program.
    City Announces ‘From the Sweet Flypaper of Life’ Exhibit
    Zonta Club of Santa Clarita Valley will host a free workshop to provide a recap of previous workshops beginning Nov. 18, 2023 through May 18, 2024 and a review of tools learned and how to continue to build on connected relationships.
    May 18: Zonta SCV to Recap Previous LifeForward Workshops
    As a City dedicated to inclusivity and community, we aim to create world-class events to bring our residents together.
    Bill Miranda | Free To Be Me Celebrates Inclusivity
    During Motorcycle Safety Awareness Month in May, the Los Angeles County Sheriff’s Department would like to remind drivers to always look twice for motorcycles.
    LASD Highlighting Motorcycle Awareness Month
    1971 - Fort Tejon added to National Register of Historic Places [story]
    Fort Tejon
    Dale Donohoe and Kim Kurowski were named the Santa Clarita Valley's top volunteers of the year at the 2024 SCV Man and Woman of the Year dinner celebration held Friday, May 3 at the Hyatt Regency Valencia. The event also honored all of the 17 men and 17 woman nominated for the award.
    Donohoe, Kurowski Named 2024 SCV Man, Woman of the Year
    1828 - Soledad Canyon settler John Lang born in Herkimer County, N.Y. [story]
    Lang
    1903 - President Teddy Roosevelt visits Gov. Henry Gage at Acton Hotel [story]
    Acton Hotel
    The regular meeting of the Saugus Union School District Governing Board will take place Tuesday, May 7, with closed session beginning at 5:30 p.m., followed immediately by public session at 6:30 p.m.
    May 7: Regular Meeting of the Saugus School Board
    The city of Santa Clarita Arts Commission is holding its regular meeting in City Hall's Council Chambers Thursday, May 9 at 6 p.m. The meeting will be held at Santa Clarita City Hall, 23920 Valencia Blvd., Valencia, CA 91355.
    May 9: Arts Commission to Hear Updates on Civic Art Projects
    Experience the Butterfly Encounter at Gilchrist Farm open now on weekends thorugh Sunday, June 18. Walk through a tent of beautiful flowers hosting live butterflies that fly freely throughout the tent.
    Experience the Butterfly Encounter at Gilchrist Farm
    The Santa Clarita Community College District Board of Trustees will hold a business meeting Wednesday, May 8, beginning at 5 p.m. The board will first meet in closed session at 4:15 p.m.
    May 8: COC Board Business Meeting Considers Contracts
    The Castaic Union School District Governing Board will hold its regular meeting Thursday, May 8, at 6 p.m. A closed session will be held at 5:30 p.m.
    May 8: Castaic Union School Board Regular Meeting
    Fire Service Day Open House will be held at all County of Los Angeles Fire Department fire stations on Saturday, May 4 from 10 a.m. to 5 p.m.
    May 4: LACoFD Hosts Countywide Open House at All Fire Stations
    The Santa Clarita Valley Media Collaborative invites the public as well as local creatives, media industry professionals, students, parents, teachers and others to celebrate the next generation of media makers participating in the inaugural NextGen MediaMakers Festival on Saturday, May 18 from 2-5 p.m. at the Canyon Country Community Center.
    May 18: Support Young Creatives at NextGen MediaMakers Festival
    SCVNews.com