First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.
What do other club's do?
Thank you,
Matt
Vandalay Industries
Judy Simonson on
Matt,
We had the same problem and here's how we fixed it. We each email an update on the stocks we hold. If you propose a buy or sell then you prepare an SSG with ValueLine to share at the meeting for discussion. Then once a year you provide an update on your stock at the meeting.
So, if you don't propose a buy or sell, there's no discussion (except for an annual report). This gave us enough time to discuss new companies, etc. Everyone enjoys our meeting much more and our discussions involve all partners and are very animated.
Judy
_____________________________ From: Matt Gillard <mattgillard8@gmail.com> Sent: Monday, January 30, 2017 9:26 PM Subject: [club_cafe] Stock Report Question To: <club_cafe@bivio.com>
Investors,
First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.
What do other club's do?
Thank you,
Matt
Vandalay Industries
mgillard@remax.net on
Judy,
That sounds like a better idea then I had. I am afraid I don't know what an SSG is?
We have experimented with forms that our members have made, but I am not sure if they are overly complicated.
I really would like to eliminate the stock report and get on to the animated debates!
We had the same problem and here's how we fixed it. We each email an update on the stocks we hold. If you propose a buy or sell then you prepare an SSG with ValueLine to share at the meeting for discussion. Then once a year you provide an update on your stock at the meeting.
So, if you don't propose a buy or sell, there's no discussion (except for an annual report). This gave us enough time to discuss new companies, etc. Everyone enjoys our meeting much more and our discussions involve all partners and are very animated.
Judy
_____________________________ From: Matt Gillard <mattgillard8@gmail.com> Sent: Monday, January 30, 2017 9:26 PM Subject: [club_cafe] Stock Report Question To: <club_cafe@bivio.com>
Investors,
First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.
What do other club's do?
Thank you,
Matt
Vandalay Industries
Kevin Gillogly on
An SSG is a Stock Selection Guide. It is the form most of the clubs on this board here use. Our form is designed to find common stocks with LT growth potential and a reasonable valuation. But there are others in the Bivio that are investment clubs and don't use the SSG because their their investment approach is different than LT growth at a reasonable valuation.
We had the same problem and here's how we fixed it. We each email an update on the stocks we hold. If you propose a buy or sell then you prepare an SSG with ValueLine to share at the meeting for discussion. Then once a year you provide an update on your stock at the meeting.
So, if you don't propose a buy or sell, there's no discussion (except for an annual report). This gave us enough time to discuss new companies, etc. Everyone enjoys our meeting much more and our discussions involve all partners and are very animated.
Judy
_____________________________ From: Matt Gillard <mattgillard8@gmail.com> Sent: Monday, January 30, 2017 9:26 PM Subject: [club_cafe] Stock Report Question To: <club_cafe@bivio.com>
Investors,
First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.
What do other club's do?
Thank you,
Matt
Vandalay Industries
mgillard@remax.net on
Kevin,
Thank you for answering my question. My group is learning and there is no reason to reinvent the wheel. I appreciate your help and any advice you may have.
Thank you for answering my question. My group is learning and there is no reason to reinvent the wheel. I appreciate your help and any advice you may have.
An SSG is a Stock Selection Guide. It is the form most of the clubs on this board here use. Our form is designed to find common stocks with LT growth potential and a reasonable valuation. But there are others in the Bivio that are investment clubs and don't use the SSG because their their investment approach is different than LT growth at a reasonable valuation.
We had the same problem and here's how we fixed it. We each email an update on the stocks we hold. If you propose a buy or sell then you prepare an SSG with ValueLine to share at the meeting for discussion. Then once a year you provide an update on your stock at the meeting.
So, if you don't propose a buy or sell, there's no discussion (except for an annual report). This gave us enough time to discuss new companies, etc. Everyone enjoys our meeting much more and our discussions involve all partners and are very animated.
Judy
_____________________________ From: Matt Gillard <mattgillard8@gmail.com> Sent: Monday, January 30, 2017 9:26 PM Subject: [club_cafe] Stock Report Question To: <club_cafe@bivio.com>
Investors,
First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.
What do other club's do?
Thank you,
Matt
Vandalay Industries
Kevin Gillogly on
Many clubs here belong to Better Investing, a Michigan based 501 c 3 investment education organization that has been around over 60 years.
Better Investing is also known as BI. It is their form, the SSG that many of us use to evaluate stocks. BI is the organization that helped to spread the gospel of long term common stock investing. It is the form my two clubs both use.
Whether you use the SSG, and thereby join BI, or select a different method for evaluating stocks it helps to have a standard way to organize your thoughts and compare the benefits of selecting one stock over another stock.
The SSG, like I mentioned previously, is designed to identify well managed growth companies selling at a reasonable price. We tend to study the fundamentals of a company's business. We look at their sales, profit margins and eps. We examine their debt and return on equity. If a company passes those tests we then examine if we can get it at a reasonable price.
As for research we will look at the company's results over several years to spot trends. In addition, most of us use Value Line, the S&P reports, and Morningstar to confirm our thoughts. Two other, non BI sources, many of use are Motley Fool and a lesser known, but well respected service, called Manifest Investing are our other sources of information.
If you want to learn more about any of the aforementioned sources of data then ask away. If I don't answer, someone else equally qualified can fill you in.
Thank you for answering my question. My group is learning and there is no reason to reinvent the wheel. I appreciate your help and any advice you may have.
Thank you for answering my question. My group is learning and there is no reason to reinvent the wheel. I appreciate your help and any advice you may have.
An SSG is a Stock Selection Guide. It is the form most of the clubs on this board here use. Our form is designed to find common stocks with LT growth potential and a reasonable valuation. But there are others in the Bivio that are investment clubs and don't use the SSG because their their investment approach is different than LT growth at a reasonable valuation.
We had the same problem and here's how we fixed it. We each email an update on the stocks we hold. If you propose a buy or sell then you prepare an SSG with ValueLine to share at the meeting for discussion. Then once a year you provide an update on your stock at the meeting.
So, if you don't propose a buy or sell, there's no discussion (except for an annual report). This gave us enough time to discuss new companies, etc. Everyone enjoys our meeting much more and our discussions involve all partners and are very animated.
Judy
_____________________________ From: Matt Gillard <mattgillard8@gmail.com> Sent: Monday, January 30, 2017 9:26 PM Subject: [club_cafe] Stock Report Question To: <club_cafe@bivio.com>
Investors,
First time on the forum. I think our stock report segment takes to long during our monthly meetings. My thought was to go over a 1/3 of our stocks at each meeting so we report on them quarterly and of course if there is a stock that has had a lot of movement during the month.