|In This Issue:
Limited Time Offer: Snag Early Bird Pricing for BINC 2015
Special pricing is available for a limited time for early registrants planning to attend the next BetterInvesting National Convention, to be held May 14-17, 2015, in San Jose, Calif. This four-day convention at the DoubleTree San Jose is one of the premier educational events for individual investors featuring days chock-full of seminars and workshops, with presentations from high-profile investment experts. Plan on absorbing plenty of new information, plus the opportunity to network and meet with representatives of companies. Special pricing for early registrants is available through Sept. 30. Click here to register.
Webinar: Optimize Your Portfolio with Toolkit 6's Challenger Feature
If you follow a prudent investment approach of looking for stock gains over the long haul, you may sometimes suspect your portfolio is overweighted on large-company stocks that could be overvalued. Are you missing opportunities?
The best way to make sure your portfolio mix continues to represent the best balance of risk and reward is to test your theories as part of your "offense" to ensure you're still on the right track. Toolkit 6's Challenger feature is designed for this, allowing you to plug in certain parameters for companies in your portfolio and run a test. Beware: The measurements for the return on risk on many stocks can be deceptively favorable, so you must ensure all stocks you're analyzing still meet your quality expectations.
In a recent free webinar for Toolkit 6 users, ICLUBcentral's experts provided a step-by-step guide to using the Challenger feature to ensure that stocks in your portfolio still belong there. Toolkit 6's numbers-and-graphics approach is a refreshing way to optimize your choices, and it's a good way to end debates. "The results are often surprising," commented ICLUBcentral's Doug Gerlach. "It makes it hard for someone with an entrenched, contrary opinion to stick with it in the face of the hard evidence of Challenger results." To learn more about using the Challenger feature in Toolkit 6, click here to access the webinar in our archives.
How to Be the Best Club President
Every successful investment club has a president who fills an important role and performs specific tasks. Whether you're president of a club that meets in a room or online, the job has similar responsibilities. Common tasks include organizing, planning and presiding over meetings, overseeing club activities, making sure resolutions are carried out and recommending disciplinary actions. Being the best club president calls for following a few key guidelines, according to ICLUBcentral investment club veterans Doug Gerlach and Russell Malley, who outlined them in one of our free Investment Club Operations webinars. Here are some tips:
- Set the meeting agenda and distribute it in advance to club members via email. This enables club members to prepare for meetings by studying companies to be discussed. This averts the need to table topics for the future, which often results in wasted time and missed opportunities.
- Distribute financial reports in advance or at meetings so that members can spot problems early and resolve them before they escalate, thus eliminating problems and headaches down the road.
- Delegate tasks to committees so that the president doesn't get overwhelmed. Harness the power of the team!
- Develop ways of efficiently gathering feedback and building consensus among members in a pleasant, timely manner. Meetings fall apart without good leadership.
For more tips on how to being a good investment club president, click here to visit the webinar in our archives.
September 3, 2014
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Doug Gerlach's Webinars & Local Events:
Sep. 8, 2014 - Lunchtime Learning Webinar
Sept. 13, 2014 - Heart of Illinois BI Chapter Workshop, Peoria, IL
Sept. 16, 2014 - Investment Club Operations Webinar
Oct. 4, 2014 - Portland Financial Literacy Conference, Portland, OR
Oct. 7, 2014 – Toolkit 6 User Group Webinar
Oct. 13, 2014 - Lunchtime Learning Webinar
Oct. 21, 2014 - Investment Club Operations Webinar
Nov. 4, 2014 - Toolkit 6 User Group Webinar
Nov. 10, 2014 - Lunchtime Learning Webinar
Nov, 14-15, 2014 - Puget Sound BetterInvesting Investor Education Conference, Seattle, WA
Nov. 18, 2014 - Investment Club Operations Webinar
Dec. 2, 2014 - Toolkit 6 User Group Webinar
Dec. 8, 2014 - Lunchtime Learning Webinar
Dec. 16, 2014 - Investment Club Operations Webinar
Like 7-Eleven, we're not always doing business, but we're always open — go to the ICLUB Store and outfit yourself with the simple, powerful tools and services that smart investors have been using to grow their portfolios since 1989.
Got a Problem?
You can reach us M-F, 9:30 AM-6:00 PM at 877-33-ICLUB (877-334-2582), or use the web form at ICLUB Support.