Investment Clubs

[cruiser]

I was thinking about joining an investment club and am wondering if they are very popular nowadays.

I had talked to coworkers in years past (Y2K era), and lots of people were getting into them now, but I haven't heard anything lately.

Does anybody know of any good investment clubs in the Edmonton area? I always want to learn more about investing and believe that they would be an invaluable tool for doing that.

Any help would be appreciated.

thanks,
Cruiser

 

[Big Dog Striker]

I was thinking about joining an investment club and am wondering if they are very popular nowadays.

I had talked to coworkers in years past (Y2K era), and lots of people were getting into them now, but I haven't heard anything lately.

Does anybody know of any good investment clubs in the Edmonton area? I always want to learn more about investing and believe that they would be an invaluable tool for doing that.

Any help would be appreciated.

thanks,
Cruiser

Investment Clubs is probably good networking for you, you'll meet people in the industry. You'll learn the ABC's on investing as the financial advisers you'll meet will try to impress you with their knowledge. You'll be updated on the latest news in the industry. Like those 2 mining company IPOs with exposure in Quebec to name a few. You'll meet people behind starter companies with enterprise value telling you that they expect their penny stock to reach the moon and the stars but in reality they are the only ones playing the said stock in the market. But mostly, everyone will pushing their own baby or agenda.

Just remember that Risk Is Always Proportional to Return. If a certain fund is performing better than the market then do your due dilligence. Don't be fooled by the next Ponzi Scheme. And invest in companies and industries that you believe in.

 

[jim]

Talk to DQ Guy, he said he can afford to spend large coin on pooning because of good investments.

 

[BS Detector]

Sorry, I can not answer your question directly about investment clubs. I have not heard of them for years. Big Dog had a great idea about learning from others. My suggestion is while you are looking into it, start investing on your own. The younger you are, the more you have the power of compound interest working for you. I'd suggest not making the mistake most of us make, waiting for the right time or amount. At the end of each month, put a bit away. Some suggest "pay yourself first" meaning that everytime you get paid take 10 or 20 percent and put it away. What ever you do, I'd suggest start early. Good luck.

 

[cruiser]

I can say that I am actually a very active investor, but it is through the mutual fund market through 2 of the big name banks in Canada. My investing experience is average.....that's why I'm looking at always broadening it by getting hands on approach through an investment club. I read a little online (morningstar)..watch BNN, but would like to gain experience from others and see what other people are doing. My current knowledge comes from my investment advisors at the financial institutions that I deal with.

I am very aware of the cliques...past doesn't dictate future......risk is proportional to return, etc.....

I am looking for "names and contact information" for any investment clubs in Edmonton, if anybody knows of any that would be great.

thanks,
Cruiser

 

[ThisEndUp]

careful about posting or telling anyone how much you are making, taxman has spies everywhere

 

[DQ Guy]

I Know not of these Clubs you speak of.
Most of my Investments, at least the big money makers were made long before I had any clue what a dollar was worth
I had a big help from my Dad when I was a kid. I look back now and give him a big Thumbs up for helping me
put away my allowance dollars and only spend a little.
My advice to you Is try High yeald stocks/bonds/Gic's . I personaly go for the long term right now, as I won't be touching them any time soon.
And Invest in a few different areas. A broker can help you decide. GIC's, Stocks, Mutuals, ect are great ways to stash away cash.
Stocks are Risky, but If you do them right you can have big payouts fast..

 

[cruiser]

I'm a little hesitant about playing the stock market..that's why I prefer mutual funds. I wouldn't say I rule out the stock market altogether, but I don't understand it enough (or how it works), to risk playing it...thus the reason I'm searching for any investment clubs that come together, share knowledge, etc.

One type of fund that I am finding interesting are those that pay dividends on a monthly basis.....they are doing ok.

I do everything by the book....and do pay my share of taxes...so am not running and hiding.

 

[overdone]

Alright!!!!! My favorite topic..........Money!!!! I wanna talk, just not now. But I'll be back and I do have a good suggestion for a group.

Don't you just get all your money from selling your highly superior sperm to all those lesbians wanting to have a baby.

Why would you need to invest any?

Afterall you can pump it out every couple of mins from what I read.

Also when you talk later are you going to be talking in the third person again? Cause that is kinda confusing for us average folk.

 

[cruiser]

cruiser,

try betterinvesting dot org.

Thanks for the info....

 

[CriticalBoner]

I know a few things about the investment industry and my advice would be to avoid trying to hit home runs. Someone before said that risk is proportinal to return.

If you really want to know what you are doing, find some kind of course and learn. I am a big proponent of portfolio theory, but that can be kind of rough if your not the mathy type.

Just try and get a base portfolio together that either matches or mimics a major index and then build outward to try and outperform it bit by bit.

What you should buy specifically really depends on your goal, wealth accumulation (retirement) or to be use as income (retired).

 

[crazydancer]

You know, we perber are from all walk of life. Some of us maybe doctors, lawyers, or even investment bankers! Why don't we start a thread on investment here on general forum? Just a thought..