Wednesday, July 23, 2014
PLACERVILLE, CALIFORNIA
99 CENTS

Pssst. Looking for a hot stock tip?

By
From page OSF10 | February 27, 2013 |

Are you a woman wanting to learn more about how to buy and sell stocks?

Then the Golden Hills Investment Club may be the ticket as they are in the market for new members.

In operation in El Dorado County since 1989, the group is loosely affiliated with the National Association of Investment Clubs, known officially as the National Association of Investors Corporation (NAIC)/BetterInvesting.

Marie Reale, one of the founding members of the group, said its purpose is to gather information and educate people about the stock market so they can invest wisely as a group and as individuals.

Reale said the club follows the philosophy of NAIC which means thoroughly researching stocks before buying and then holding them for the long-term rather than speculating.

An extensive amount of training is provided to all members so they learn what to look for in a stock by understanding the company’s financial statement, cash flow, balance statement, past history of earnings per share, and PE ratio (price to earning ratio). Members are also encouraged to listen to Webinars put on by companies and to talk to analysts from large brokerage firms before purchasing a stock.

“We teach people how to gather as much information as possible about a company before investing,” she noted. “There is a fair amount of work people have to do on their own as well as part of the club.”

That training prepares members to make stock purchases as a club in addition to individual purchases. As a club, the members pool a certain amount of money each month, analyze stocks at the meeting and present information on the stocks they have researched. They then vote on what stocks they want to buy.

Reale said they have an online broker who purchases the stocks for them.

“Everyone has their own capital account which keeps them up to date on what their shares are worth. It’s based on people’s investment and the value of their portfolio,” she said.

She cautioned that the club does not invest enough to help people with their personal retirement but rather it teaches them how to build their own personal portfolio.

Reale said any woman is welcomed to join. Generally when someone comes to the first meeting they are informed as to what is expected of them as members.

The person then attends three meetings to understand how the club operates and then a vote is taken to accept them into the group. Reale said she can’t remember the last time someone wasn’t accepted into the group.

“But we also have fun. It’s not all work,” she laughed.

For those interested in learning more about the club, it meets the third Wednesday of every month from 9 to 11 a.m. at the Raley’s Event Center which is a meeting room in Raley’s supermarket at 166 Placerville Drive in Placerville.

For additional information contact Reale at 916-933-0244.

Contact Dawn Hodson at 530-344-5071 or dhodson@mtdemocrat.net. Follow @DHodsonMtDemo on Twitter.

Comments

comments

.

News

Six file for Dist. 2

By Dawn Hodson | From Page: A1

 
District 2 candidates forum Aug. 14

By News Release | From Page: B1

EID ditch customers get relief

By Michael Raffety | From Page: A1

 
Veterans receive wildland fire training

By News Release | From Page: B1

Market data open for local biz

By Ross Branch | From Page: B1

 
Heard over the back fence: Attorney to warn about scams

By Bob Billingsley | From Page: B1

 
Road zone of benefit protester reaches dead end

By Dawn Hodson | From Page: A1 | Gallery

Volunteers clean up national forest

By News Release | From Page: A3 | Gallery

 
.

Opinion

My turn: Special interests at EID

By Special to the Democrat | From Page: A4

 
Russian metastasis

By Mountain Democrat | From Page: A4

The Democratic-Chronicles: Not invented here

By Gene Altshuler | From Page: A4

 
.

Letters

DA hogging Main St. parking

By Letters to the Editor | From Page: A5

 
CAO and staff hiring friends

By Letters to the Editor | From Page: A5

Altshuler’s hypocrisy

By Letters to the Editor | From Page: A5Comments are off for this post

 
Small Farm compromise

By Letters to the Editor | From Page: A5Comments are off for this post

EID and Dale Coco

By Letters to the Editor | From Page: A5Comments are off for this post

 
.

Sports

Roundup: July 22, 2014

By Democrat Staff | From Page: A6

 
Dolphins ring up another title

By Democrat Staff | From Page: A6 | Gallery

Sharks defeat Loomis Basin in season finale

By Democrat Staff | From Page: A6 | Gallery

 
Celebrity golf at Tahoe

By Democrat Staff | From Page: A6 | Gallery

Dodgeball: Not the national pastime but …

By Shane Theodore | From Page: A7 | Gallery

 
.

Prospecting

At a glance: Comets to meteors

By Mimi Escabar | From Page: B2

 
Taste the best at the State Fair

By Democrat Staff | From Page: B2 | Gallery

Tractor Supply Store recognized

By Uc Cooperative | From Page: B3

 
Amador Fair honors cowboys

By Amador County Fair | From Page: B3

 
Arbor Day book helps to identify trees

By Arbor Day | From Page: B4

Learn about lavender and its many benefits

By Christian Women's Connection | From Page: B4

 
Lee’s Feed appreciates customers

By Democrat Staff | From Page: B5

 
My Time meeting in August

By Senior Day | From Page: B5

Builders’ Exchange honors scholars

By El Dorado Builders' Exchange | From Page: B5

 
En garde at Silver Screen Classic

By Auburn Silver Screen | From Page: B5

.

Essentials

Weather stats 7-22-14

By Michael Raffety | From Page: A2

 
Crime Log: July 8-10

By Cole Mayer | From Page: A2

.

Obituaries

Walter Vali

By Contributor | From Page: A2

 
Jean Lachelle Taylor

By Contributor | From Page: A2

Arthur J. Funston

By Contributor | From Page: A2

 
.

Real Estate

.

Comics

Shoe

By Contributor | From Page: A8

 
Sudoku

By Contributor | From Page: A8

Rubes

By Contributor | From Page: A8

 
New York Times Crossword

By Contributor | From Page: A8

Flying McCoys

By Contributor | From Page: A8

 
Speed Bump

By Contributor | From Page: A8

Tundra

By Contributor | From Page: A8

 
Horoscope, Thursday, July 24, 2014

By Contributor | From Page: A8

Horoscope, Wednesday, July 23, 2014

By Contributor | From Page: A8

 
Working It Out

By Contributor | From Page: A8

TV Listings

By Contributor | From Page: A8