Welcome to the Southwestern College Investment Club for Spring 2022!We meet online on Thursdays from noon to 1 pm.
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Investment Chat Group based on BUS-123, Introduction to Investments
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Spring 2022 Meetings | |
| 3 Feb 2022: | Our first meeting of the Spring 2022 semester. We will discuss the objectives of the club and choose officers. Zoom Recording We need at least 10 members along with a President, Vice-President, Secretary, Treasurer, and the ICC Representative to make a club. If we don't get 10 members and a slate of officers, we will just be an unofficial group. |
| 10 Feb 2022: | What a difference a week makes! We had over 10 students and plenty of volunteers for the officer positions Zoom Recording You know what that means? PIZZA at the end of the semester! Also, our 10 stocks have done pretty well given the volatility. We also did a quick 10 minute introduction of the overview of investment alternatives. |
| 17 Feb 2022: | Our club paperwork is ready to submit. Our Co-President, David Romo, will submit the paperwork very soon. Zoom Recording There was some confusion about the Inter-Club Council Meeting Zoom link. "My apologies," says Frank, who had given Ursula last semester Zoom link. We finished the Overview of Investments. In overtime, we showed how a well-run mutual fund can build substantial wealth over the long term. |
| 24 Feb 2022: | Hurray! Our Club Paperwork has been submitted. We are now an official Wouthwestern College Club! Thank you, Everyone! Today, we discussed the invasion of Ukraine by Russia and its effects on investing. Great insights from Professor Martinez! Zoom Recording "Keep a long-term perspective." We then discussed brokerage accounts and the differences between regular and tax-qualified accounts. Send your questions and topics that you would like to see address to fpaiano@swccd.edu. |
| 3 Mar 2022: | As usual, we reviewed our Spring 2022 portfolio. We are actually holding up pretty darned well considering the turmoil. We had our InterClub Council Report. We then had our Introduction to Stocks presentation. Zoom Recording We covered some of the most important numeric measurements of stocks and then reviewed some sample companies including Walmart and Costco, McDonald's and Yum Brands, and AT&T and Verizon. And we saw how some of the high-flying companies like Shopify, Facebook, and Netflix have fallen from great heights. We also notified all members that Skingame.com is offering a $25 gift certficiate if you join and post 5 stock reviews. Video |
| 10 Mar 2022: | We reviewed our portfolio and had our InterClub Council Report. We took A Sip from the Investment Firehose! We introduced the Discounted Cash Flow Model and The Value Line. For next week, identify a company you would like to research, go their website, and download their Annual Report. Zoom Recording Here is the link to the presentation. |
| 17 Mar 2022: | Our portfolio is almost back up to where we started! Pretty good considering there is a war going on! Our ICC Rep was not at today's meeting. We continued our discussion of the Discounted Cash Flow Model and The Value Line. We looked at Costco and Berkshire Hathaway B. Zoom Recording Costco was too expensive for us but Berkshire Hathaway B looked attractive. Next week, bring the companies you want to research! |
| 24 Mar 2022: | Hey, hey! We are up almost 4%! Well done! It's been a very volatile time but you guys are AWESOME! Ursula, our ICC Rep reported that the ASO is organizing fundraisers but we really don't need any more money that what we can ask for at the end of the semester for our (hoped for) pizza party! We used The Value Line and the Discounted Cash Flow Model to thoroughly analyze Nike and it looks as though they are finally get cheap enough for us tight wads! Zoom Recording We also looked at BioNano Genomics (Symbol: BNGO), a very small local biotech company that is very cheap but also very, very risky! It was a great comparison between a tried 'n' true "Blue Chip" company and a brand new "speculative" startup |
| 7 Apr 2022: | Hey, hey! Our portfolio is up 6% (while the Introduction to Investments class is down 4 1/2%. Ha, ha.) There did not seem to be an InterClub Council meeting last week. We showed the Investment Club website and how many financial and investment services companies are actively recruiting women, minorities, bilingual, and veterans. We then showcased the BetterInvesting Stock Selection Guide (SSG). It's a visual tool for valuing stocks and it concentrates on companies that are growing their earnings. Divideds are a secondary concern. Zoom Recording |
| 14 Apr 2022: | We are holding our against the tremendous volatility. Our InterClub Council representative, Kenda, reported that the ASO is looking for future leaders. Anyone interested? Contact Richard Eberheart at reberheart@swccd.edu. We showcased the fact that the investment services industry is desperately looking for new professionals and discussed what classes and skills and characteristics they are seeking in new recruits. We then looked at some of the "high flying" growth stock whose prices have fallen dramatically. We also discussed the Roth IRA and the 401(k) and saw that they are excellent types of accounts for building our retirement nestegg. We even discussed who needs life insurance and who does not need life insurance and the correct type of life insurance to buy. Great meeting! Zoom Recording |
| 21 April 2022: | Our InterClub Council Representative was not in attendance this week. We are holding our own with regard to our investments, not like the Introduction to Investments class which is doing very poorly. Today we demonstrated why we should never trust our investments with insurance companies. We saw examples of whole life policies that purport to give us a good return on our life insurance premiums. We saw how other investment alternatives like bonds and stocks and a balance of bonds and stocks clobbered their results. We also so how annuities, which are also insurance investments, also do poorly against bonds and stocks and a balance of bonds and stocks. Never trust an insurance company with your investments! Zoom Recording |
| 28 April 2022: | The ASO is holding their annual Leadership Retreat tomorrow, April 29, 2022. Everyone is welcome! Here is the link to register: Annual Leadership Retreat 2022. (You will need to login to your browser using your Southwestern College email account.) Our portfolio is still above water. This is pretty incredible considering many growth stocks are down 50% or more! Today, Professor Will Greenwald showcased Health Savings Accounts (HSAs) and the accompanying health insurance policies. While not for everyone, Health Savings Accounts can be an excellent vehicle to help you save for medical expenses and retirement and at the same time, save a ton of money on taxes. Very cool! Zoom Recording |
| 5 May 2022: | Our InterClub Council Representative reported that the Student Union Center is going to be demolished so where will the students go? It is recommended that they use Tradewinds Cafe. Given the panic, we are holding our own with regard to our investments, again, not not like the Introduction to Investments class which is doing very poorly. Today we had a special treat as Professor Martinez-Sanabria showed up the importance of financial statements and ratio analysis. We saw how Sprouts Farmers Market has been growing their earnings and cash flow quite nicely for the past five years. One issue was the amount of long-term debt that they have taken on. We could not determine where the money went. It went into a non-descript category, "Long-Term Investments." (Ah, we would have to do a whole lot more digging to find out exactly where that cash went. Did it do into the stock market? We don't know yet.) In general, we saw that Sprouts is doing pretty darned well with regard to their cash flow and is in no danger of going into bankruptcy any time soon. Thank you very much, Professor Martinez! Next week, Professor Alston will be leading the meeting and will be discussing investment scams. They are out there, Dear Students, ready to take your money! Zoom Recording |
| 12 May 2022: | Aye! Technical Difficulties! (I can't wait until we can meet in person again!) |
| 19 May 2022: | The InterClub Council had their last meeting and discussed the startup procedures for the Fall 2022 semester. The market has been brutal and we are finishing down 9%. Well, that is a whole lot better than the investment class which is down almost 30%! In that vein, we discussed the emotional part of investing and how to survive a market downturn. Keep a long-term perspective and DON'T PANIC! Keep putting $50 or $100 or whatever you can afford into a prudent, long-term oriented vehicle such as growth and income stock mutual fund and forget about all the histeria that is being broadcast each day. Remember that if the world does end, it does not matter where your money is. Zoom Recording |
Spring 2022 Portfolio -- 10 stocks starting with $10,000 each11 February 2022: Even with all the volatility, we are still basically flat. Ho, hum. 18 February 2022: Volatility strikes! We are down 1%. Could be much worse. Some tech companies are down over 50%! 25 February 2022: Well done! We held up well even though Agent Orange Trump's Lover, Vlad "The Impaler" Putin, invaded an innocent sovereign country! War criminal! 4 March 2022: We are holding up very well given the war in the Ukraine. Great job! 11 March 2022: Only down 4%! That's pretty darned good given the world is blowing up, eh? 18 March 2022: You are AWESOME! We are over $100,000! Tell that to the folks that bought Farcebook and Shopify! 25 March 2022: Well done! We are up 4 1/2%! That is really good given the tremendous volatility. We are proud of you! 1 April 2022: Up over 5%! Not bad considering World War III must just be starting. 8 April 2022: Up over 5 1/2%! You guys are AWESOME! (Now, if we had just not bought Alibaba...) 15 April 2022: We are holding our own given the tremendous volatility. Could be worse! 22 April 2022: Pooh, what an ugly week. But we are still above water. Well done! 29 April 2022: Aye! Another ugly week. Now we are underwater. But it could be worse! 6 May 2022: We are down almost 5%. That's a whole lot better than many other, including the Intro to Investments class. 13 May 2022: What a week! But we held on, kinda', sorta', not really. Oh, well, could be worse, like the Investment Class. 20 May 2022: We are down 10% for the semester. Folks, it could be a whole lot worse. The Investment Class is down almost 30%. |
The Industry is Actively Recruiting Women and Minorities, Bilingual, and Ex-MilitaryThe Financial Industry Wants Diversity - Great article from the Financial Times magazineBut Fortune asks, "When we will see some results?" The numbers of women and minorities are still very meager The United Kingdom has their Diversity Project Anyone want to emigrate to the UK? The Brokerage Industry is Looking for Women! The Future is Female! (And it's about time...) Here is a list of the Career Opportunity webpages of various financial and investments services companies. All feature photographs of women and minorities. The industry is serious about changing. They need you! Securities (a.k.a. Financial Investments) Vanguard Capital Group (a.k.a. The American Funds) T. Rowe Price Fidelity Investments Woman CEO! Charles Schwab Dodge & Cox Funds Wellington Management Soon to have a Woman CEO! Franklin Templeton Woman CEO! Insurance Providers TIAA Black Woman CEO! Geico Insurance Farmers Insurance State Farm Insurance Check out the hair-do! Wawanesa Insurance AIG Insurance Banks and Credit Unions US Bank Wells Fargo JP Morgan Chase Citigroup (nee Citibank) Woman CEO! Mission Federal Credit Union Woman CEO! San Diego County Credit Union Woman CEO! Real Estate Financial Services CMG Financial Rocket Mortgage Guild Mortgage Company Woman CEO! C2 Financial Corporation First American Title Insurance Old Republic Title Insurance Stewart Title Insurance There is a Future for You in the
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