|In This Issue:
There's No "I" in Club
by Doug Gerlach,
President, ICLUBcentral Inc.
If you've seen the Tom Hanks movie "Cast Away," you may have wondered how you yourself would fare on a deserted desert isle, cut off from the world, relying on your wits to survive.
Many years ago, as part of one of BetterInvesting's volunteer boards, I participated in a team-building workshop that had us thinking about survival at sea. A key component of the workshop was an exercise in which we were to imagine ourselves on a sinking ship in the middle of the ocean. From a list of supplies, we selected those items we would choose first to rescue from the fast-sinking boat. After making our own choices, we then formed small teams and were tasked with coming up with a single team answer to the problem of what to stow on our life rafts.
Surprisingly, almost without exception, the teams were able to come up with better solutions — according to the U.S. Coast Guard — than the individuals. Somehow, by discussing and debating the problem, cajoling others to go along with your answer and conceding when your answer went against the consensus, working as a team was apparently a more effective way of solving a problem.
Listening to an "expert" didn't always help. One group included an experienced sailor, and the rest of the team put much weight in his advice — only to realize that although he might have been a fine captain of the ship, when it came time to be rescued he missed the mark! His team was among the lowest-performing in our group.
Portfolio Management in Toolkit 6
"Go Offense, Go Defense!" That's the theme of the next Toolkit 6 User Group webinar on Tuesday, April 5, 2011, when Doug Gerlach will review "Portfolio Management in Toolkit 6."
This free online class will demonstrate how to use Toolkit 6 to better manage your stock portfolio, from knowing when to sell to identifying early signs of a company's distress.
More than 1,000 people have signed up for the Toolkit 6 webinars, and seating is limited. If you haven't yet registered for the popular Toolkit 6 User Group webinars, enroll today and be sure to arrive early to grab a seat (your registration won't guarantee you a place in the webinar).
Also, note that there are only a couple of weeks left for our exceptional offer for new purchasers of Toolkit 6. Buy a copy before April 30, 2011, and you'll receive a copy of our powerful stock screening program, Stock Prospector, at no additional charge — a $69.99 value. This deal won't be repeated, so pass it along to other members of your club if you think they'd be interested.
Attend a Free Online Investor Education Conference
Have you checked out the coolest new tool for learning about new investment opportunities? It's the virtual Retail Investor Conference, a completely online conference that you can attend from your own home or office via the power of the Internet!
BetterInvesting, PR Newswire, and MUNCmedia have teamed up to present this monthly series of virtual investor conferences, featuring publicly-traded companies, company executives, and educational presentations. The next Retail Investor Conference is scheduled for April 7, 2011.
At the April conference, Investor Advisory Service Editor-in-Chief Doug Gerlach will present "The Search for 'Quality': A Comparison of Data Provider and Analyst Metrics." Doug will explain how various data services evaluate and rate companies for "quality" so that you can make better decisions about buying stocks for your portfolio.
In addition, representatives of public companies will be on hand to offer presentations and be available in virtual "booths" to provide education about their business, financial history, and prospects. You can ask questions, and company executives and investor relations representatives can answer them in real time. In addition, the Investor Advisory Service will be represented by a booth in the Exhibit Hall
It's free to attend the Retail Investor Conference, but you must sign up in advance at RetailInvestorConferences.com. If you can't attend the whole day, you can drop by at your convenience throughout the day, or even view replays of all of the day's presentations! Sign up today, and we'll see you on April 7, 2011.
Last Chance to Renew or Subscribe to StockCentral at the Old Rates
There is only one week left to renew or subscribe to StockCentral before the annual subscription prices go up. The annual cost of a subscription will increase to $49.99 from $39.99 on April 1, 2011. Lock in the current rates and save between 11% and 20% over the old prices.
If you haven't tried the robust tools available at StockCentral, sign up for a free no-obligation trial today.
March 24, 2011
We're ICLUBcentral Inc.
We develop high-quality software products and web services for individual fundamental investors, and powerful accounting tools used by the majority of US investment clubs.
711 W. 13 Mile Rd
Madison Heights, MI 48071
ICLUBinsider Past Issues
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Investor Advisory Service
First Tuesday of each Month: Toolkit 6 User Group led by Doug Gerlach, ICLUBcentral Inc.
Third Tuesday of each Month: New Investment Club Orientation led by Doug Gerlach, ICLUBcentral Inc.
Doug Gerlach will also be speaking at the following events:
March 25-26, 2011: 2011 Great Lakes Coalition BetterInvesting Regional Conference; Ann Arbor, Michigan
BetterInvesting's Great Lakes Coalition
April 2, 2011: 35th Annual Spring Investor's Education Day; Milwaukee, Wisconsin
BetterInvesting's Milwaukee Chapter
April 7, 2011: Retail Investors Conference; Free Online Broadcast
Open to the Public
April 9, 2011: Spring Cleaning Your Portfolio; St. Louis, Missouri
BetterInvesting's St. Louis Chapter
April 30, 2011: Colorado
BetterInvesting's Rocky Mountain Chapter
Submit Your Event!
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, yet powerful tools and services that smart investors have been using to grow their portfolios since 1989.
Got a Problem?
Support is here to help. You can reach them M-F, 9:30 AM-6:00 PM at 877-33-ICLUB (877-334-2582), or use the email web form at ICLUB Support.
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