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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

992.0. "New Investment Club Opportunity" by RICKS::CHRYSOS () Sat Apr 13 1996 02:52

    
    
    I'm writing this note to give more people the opportunity to
    come to the initial meetings of a new investment club based 
    in Hudson.  The club has not officially formed yet, but we
    have had one meeting where we heard from the president and 
    portfolio manager of another investment club.  Now that we 
    have heard how to get started and what worked and what didn't 
    in this other investment club, we are going to start 
    discussing goals and getting into more specifics.  It was a 
    general consensus at the first meeting that we probably won't
    start investing for a couple of months.  Also it will be very
    important for every member to participate. Some of the advantages
    to being in an investment club that were cited at the first 
    meeting include:
    
    	1. Education - each meeting (once per month) a member will 
    	give a presentation of a company whose stock we will consider
    	for our portfolio.  We will all learn from the shared research
    	that is presented and then have input into investment 
    	decisions.  
    
    	2. Minimize the cost of commissions.
    
    	3. Experience analyzing companies (stock price, p/e ratios,
    	annual reports, etc.) and investing, which would help us
    	to build our own private portfolios with more confidence.
    
    	4. Small investment.  We were thinking of about $25/month
    	each at the beginning to get us started.  Perhaps some people
    	might want to do more.
    
    	5. Flexibility - everything will be open to a majority vote, and
    	we will tailor the goals and practices of the club to suit its
    	members.
    
    So, if you might be interested in a club like this, send me some email
    and I will inform you of when the next meeting is.  As I said, we
    haven't formed yet, so everything is up in the air right now. The only
    thing we know is that we have a group of people who are interested
    in investing and would like to be in a club to help share the expenses
    and the research.
    
    George Chrysos
    ricks::chrysos
      
                                   
T.RTitleUserPersonal
Name
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992.1Hudson, NH, or the Hudson in the State of Tax-a-chu-setts?2155::michaudJeff Michaud - ObjectBrokerMon Apr 15 1996 15:020
992.2PERFOM::WIBECANHarpoon a tomataMon Apr 15 1996 18:075
>>        -< Hudson, NH, or the Hudson in the State of Tax-a-chu-setts? >-

My guess is neither; I believe George works in Hudson, Massachusetts.

						Brian
992.32155::michaudJeff Michaud - ObjectBrokerMon Apr 15 1996 18:1921
>>        -< Hudson, NH, or the Hudson in the State of Tax-a-chu-setts? >-
> My guess is neither; I believe George works in Hudson, Massachusetts.

	Tax-a-chu-setts, Massachusetts, what's the difference?  Either way
	the result is the same, a hole in your pockets ....

	In any case the question still stands, in which State is this club
	forming?  (While George works in Hudson, Tax-a-chu-setts, he may
	live in NH, as I do, even when I worked in the wonderful Commonwelth
	below the border) .....

	In any case, here's a Xref to other related topics for those interested

   192  KYOA::GOLD           11-MAY-1992     7  How to form investment club.
   426  DEMON::AMT           23-MAR-1993     3  Investment Clubs - Eastern MA
   515  MR4DEC::JMILESKI      1-JUL-1993     1  Digital Investment Club
   556  NPOGRP::DOIRON       23-AUG-1993     1  Investment Club
   590  AIMHI::DANIELS       15-OCT-1993     0  Investment Clubs in Manchester/Merrimack, NH
   619  GRANPA::BBARNARD     18-NOV-1993     0  Investing Club in MD?
   720  LEDS::VESESKIS        2-MAY-1994     0  Assabet Valley Investment Club Open House
   905  PONDA::waldman.mso.d 15-AUG-1995     8  Investment Clubs?
992.4mass taxRICKS::CHRYSOSTue Apr 16 1996 03:375
    The club is having its meetings in Hudson, Mass. Maybe we should
    concentrate on Tax-sheltered investments...
    
    - George