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Greater Irvine Chamber Financial Literacy Program Visits Rancho San Joaquin Middle School Students

Wednesday, February 07, 2018

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Over the last seven years the Greater Irvine Chamber of Commerce has helped more than 1,800 students from several Irvine middle schools to learn the value of financial investments through its Financial Forum program. This year, the program, offered through the Chamber’s Business and Workforce Development Committee, recently visited 90 students at Rancho San Joaquin Middle School (RSJMS) in Irvine.

The students were familiarized with concepts and practices such as compound and simple interest and the significance of how they differ, various types of securities, diversification, and the importance of researching companies during the investment selection process. The students were also advised to monitor their stocks daily so they are know how the stocks are performing.

The Feb. 7 session was administrated by the committee’s Financial Forum Task Force leader Peter Chan, who is an experienced financial advisor at The Prudential Insurance Company of America. In addition to Chan, the students also heard from industry expert Wes Rowlands, CEO of the National Youth Mentor Academy, and best-selling author and teacher.

Members of the Greater Irvine Chamber staff and its Financial Forum Task Force volunteered as facilitators for the students as they learned their assignments: Tracking their mock investments using actual activity of real companies over a period of several weeks.

“’We’ve been participating in the Chamber’s financial literacy program for four or five years now. Every year this is a huge draw for our community. Financial investment advice is an area where we have a need in our schools,” said RSJMS principal Mike Modeer.

A follow-session with the students will be conducted in March.

For more information about how the Greater Irvine Chamber is dedicated to workforce development, and to become involved, contact Pepper Russell at prussell@irvinechamber.com.

Category: Chamber News

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