12-25-2021, 12:28 PM
The investing club I was in did use a set format from a national investing club. Most of us were new so that was OK. It was a good assessment of company financials. Better for value and dividend stocks. Biggest problem was it was too conservative. You just about needed a market crash to get a buy signal. In retrospect the market was not overly valued at the time. It was well before the tech bubble years.
As far as mentoring, I found most of them had all their money in short-term GOV securities because they were safe, or they had no idea why they allocated the way they did. Most of them were saving, but there was no plan. Told them they should call me even after I retired if the market scared them enough to contemplate cashing out.
As far as mentoring, I found most of them had all their money in short-term GOV securities because they were safe, or they had no idea why they allocated the way they did. Most of them were saving, but there was no plan. Told them they should call me even after I retired if the market scared them enough to contemplate cashing out.