Chagrin Falls High School students finish 7th in Stock Market Challenge

CHAGRIN FALLS, Ohio – The top team at the Chagrin Falls High School Financial Literacy Course recently finished seventh out of 64 local teams in the Junior Achievement Stock Market Challenge.

Northeast Ohio high school students gathered at the Federal Reserve Bank in Cleveland on Dec. 2 to mimic the energetic Wall Street trading floor.

Teams of three to four students were given $1 million in fake stocks, aiming to accumulate the most wealth by selling and buying fake stocks every 60 seconds.

John Bakalar, a financial literacy teacher at Chagrin Falls High School, prepared his teams by having them meet with Chagrin Falls resident Mindy Qua, a financial advisor at Stratos Wealth. Qua prepared the lessons with three lessons on the stock market and investment strategies.

Just before the contest trading session, the Junior Achievement Coordinator conducts a simulated contest to help the young traders. Once the stock market challenge begins, students must analyze new events related to their stocks within a minute to make their next trade.

For the third year in a row, the Polaris Career Center in Middleburg Heights won the Junior Achievement Stock Market Challenge and the $500 grand prize.

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