Lot of you guys want to watch these ncaas and nits which I want to do as well so we’re going to go ahead and get you guys out of in a timely manner all right good evening um my alumni Brothers thank you guys for joining the call um
Again I am brother Terence Gibson your International director of big and better business we would like to welcome you to our International Financial uh financial literacy team investment contest SL second quarter investment Club informational um there will be a lot of information that will be shared by our
Financial literacy lead U brother Julian Haywood but I also like to make sure that I start off with a brief word of prayer so everybody bow your heads and respected places father God we thank you now for allowing us the opportunity to listen to this informational by our very
Own brother Julian Haywood we pray that this information be fruitful to each and every brother that is on this call and pray that each and every brother um retains this information to be able to be a participant in our investment club and investment contest um activities um
For those brothers that are not able to get on the call we pray that they’ll be able to retain this information via um various emails and or our BBB sites and these blessings we ask in Your Name Lord we pray amen all right and and without further Ado I would like to introduce
Our International financial literacy lead um brother Julian Haywood um and before I do that brothers please uh a few housekeeping please make sure that you keep your devices on mute if you have any questions any questions please make sure that you put them in the chat
In the chat and we will answer them accordingly so um again please make sure that um you follow those um simple rules for us and we’ll be okay so take it away um brother junor all right thank you brother Gibson truly appreciate your leadership sir and
Um you know this is uh been talking a lot in the last hour um but uh it’s it’s really and truly an honor um to be a part of the international bigger and better business team um and and lead up financial literacy um I’m Julian hey
Go by Jewels I live out in Seattle a part of the Epsilon Epsilon Sigma chapter I’m also a Northwest state director so I actually cover four states um in the western region and uh you know the past president of our chapter um also sit on the financial investing
Committee for the fraternity um which acts as an investment committee for our uh fraternities invest able assets and we started off with a quarter million under uh brother Crystal’s Administration and we have over 7 million in investable assets right now that are invested in the markets um so
That kind of got me started on this journey um you know I would I would also have to give a very big shout out to uh International president ex me International Treasurer um fre as well as our International president uh Brother Ray who have uh just
Continued to um you know go back and and look at you know the fraternity’s uh assets and really be on this push for financial solcy right so um investment committee uh worked with a financial advisor that we uh went through a pro selecting the committee’s job is to
Manage that financial advisor so when he comes to us with recommendations um we make sure that it’s in line with the investment policy statement for the attorney that was approved by the general board um basically just says how they want to invest their money how how conservative
Or aggressive are we going to be um I’m pleased to announce that we started with fixed income and now we are starting to transition slowly into Equity you got to be in this thing to win it and if it’s done the right way uh just like any you
Know organization or nonprofit you know um that’s that’s what you do you bring in donations every single year dues um monies off of our off off of our new international headquarters when it’s when it’s when it’s completed where we what are we doing with that money right so having that Financial sovy that’s
Going to last long after we’re gone is a goal of the fraternity and I want us to have that same mindset when it comes to our own uh home right so uh let me go ahead and share my screen okay can everyone see my screen yep okay yes sir Perfect all righty so
Um we started this investment club and contest a couple years ago and the objective was twofold one I recognize as a as a financial professional that I have a lot of knowledge up here um but I can only get to but so many people um but I need
To be able to share that information you know um on a on a on a broad level so we came up with the idea of you how how do we first and foremost just you know um um promote financial literacy within our organization and I said you know it
Would be awesome if we started an investment contest and uh one of the past bigger and better business directors brother lot on the Golf Coast said you know what we’ve got an investment club that we you know have had over here for a while uh brother Turner you know first first vice brother
Turner is also in that investment you know so I’m like okay let’s talk a little bit more about it so we start talking about you know introducing both an investment club and an investment contest and over the past couple of years this is the journey that we’ve
Been on and I have to tell you all it has been um just um a labor of love you know um I feel like I’m having real impact on our Brotherhood um and on individ ual wealth building right if we can plant seed early enough with our young men uh in
These Collegiate chapters and get them doing the things at an earlier uh phase in life they’re making a whole lot more money than we are right I was telling them earlier like you you come to Seattle right now if you’re in Tech you know you’re getting a job making you
Know 150k coming out of coming out of college was crazy I can’t I can’t even fathom that you know how many years it took me to make 150k right um and these boys are coming out of college making that type of money so just imagine the amount of money that
They’re putting into their their 401ks or fully funding their 401ks you know if they’re young I me what else you g to do with that money right other than spend it on somebody else’s crap so this is this is you know designed to help each
Of us uh in our journey to build wealth for our families and educate our communities you know uh around Financial you know literacy and education so um we’re going to start with PBS investment Club so the investment Club is um a partnership that we’ve got with an online investment Club it’s one of
The oldest investment clubs in the country been around since 1950 um and uh it’s called betterinvesting.org I’ll talk about it in a little bit for we do that I want to just talk to you a little bit about investment clubs and how they work um investment clubs are you know typically
10 to 20 people um sometimes more sometimes less but I would say no more than 20 people um and they’re usually organized as a legal partnership right and that’s typically for tax reasons you know the club has officers each member is expected to participate by attending meetings on a monthly basis you know
Making a minimum monthly contribution you know something in the area maybe 50 to 100s thought maybe you want to do more um can you mute your phone brother brother Strictly Business brother business thank you um you know uh you’re you’re researching and you’re following the the progress of of the stock or the
Family of stocks that the club has bought or is considering to purchase and that’s a big part of it right so some someone asked earlier what’s the what’s the purpose of me investing my money in invest Club versus you know um you know me doing it on my own well you’re
Bringing multiple people together you know two heads are better than one if you’ve got multiple people that are looking at different parts of the stock market different sectors you know that you that you want to invest in you’re coming back to the table monthly and you’re sharing those ideas and and
Together you all come up with a portfolio that you want to invest in now back in the days investment clubs were very important because you needed to pull assets to go out and just buy one stock of Tesla right because you know Tesla’s so expensive or if you wanted to
Buy if you wanted to own you know Berkshire halfway you know forget about it right you weren’t able to do that but if you’re all coming to the table with a lot of money you might be able to go out and buy a a couple shares right well
Today that’s not the that’s not the case anymore right we’ve got something called fractional shares um which is levelizer playing field so research coming together working together being able to take down more sectors of the market and bring that knowledge and that information together will help this investment Club be much more powerful
Than just one person all right my in my narrow mind or narrow view of the market there’s certain things that I like I I may not know about what’s going on over here because that’s not where my you know where where my um my my um my my
Mind takes me it takes me elsewhere so um you want to have you know more than more than one person in your investment Club because it helps you to just pick up better ideas so the club’s uh portfolio is determined by the members designated members deal a designated
Member will deal with the club’s brokerage firm to execute the buy and sell orders the value of each member’s shares is determined by his or her Capital contribution so if TG Brother Gibson has $200 in the portfolio and I have 50 and the and the and the
Portfolio goes up you know by 25% well his his 200 is now how much 250 right if I had $25 in and and it goes up by 25% my portfolio is now 30 right and and all that information all the accounting and everything is done automatically so you
Never have to worry about it even if I skip a month it just goes by my capital investment and the and the software out there will will keep that um in intact for you um this this um partnership that we have with betterinvesting.org is TurnKey right they handle everything so
It’s very easy to use but I want to talk about the long-term proposition real quick so longterm what are we trying to do right well first and foremost we want to learn about stock market we want to learn about Investments right and we also want to make a return right so this
Is an opportunity for you going into an investment Club to really Ure truly learn about the stock market learn about individual companies learn about the different types of companies um and and learn how to research know what to look for if you’re looking at fundamental or technical
Analysis um what what exactly do you want in your portfolio together collectively you will all figure that out you might have a a uber aggressive portfolio you might say yeah you know what we’re all in our 60s and you know we just want to chill we just want to we
Just want to make some interest you know and live off the interest whatever you want to do that’s the the case um liquidation value so someone says hey man I want to get out of the club you you guys are G to put that into your into your you know your bylaws or
Whatever to say look if somebody wants to get out maybe there’s a penalty for them to get out or maybe not maybe we just give them their money back but that’s something that you all decide um and if somebody comes in and they’re thinking hey you know what I’mma come in
For a year or two and get out you may not get all your money back who knows if the Market’s going to go up that year or the next year right it’s longterm investing so you you want to just think about that commitment and you want to make sure
That you got the right people um in in the club that understand exactly what it is that you’re doing um I think it’s something that each and every alumni chapter um should should really think about putting out there for the chapter but also not just the chapter but the
Community right this is a way a major differenti for us as a fraternity to say we are going out and we are teaching financial literacy you know Kingdom principles around financial literacy however you want to you know words it you know it’s no one’s doing this so betterinvesting.org turn key
Investment Club you have a real simple proposition here Club D can you mute yourself brother L who’s that that’s not muted or that’s not uh I don’t know if it’s lamon okay thank you um you pay $52 as a club annually that’s what the club pays there’s three levels of
Membership starting at 4545 is a minimum Club core gets you you know your membership plus some you know research tools right um club plus gives you everything gives you the you know the the whole gamut um I would recommend that at least one person in your Club
Have the club plus to give you access to everything and you can take the difference between whatever level you guys come on in club plus and and you guys all kind of you know um pay a portion of that so the online stock selection tool um
Is available at the club uh core level so you at least want to make sure that you have somebody at the club core level as well um the subsidiary myi Club does all your accounting your operations your Communications it’s free for year it’s optional thereafter I would certainly
Recommend that you keep that in place because I don’t unless you have like an accountant and or someone that’s you know administratively gifted in your chapter you probably don’t want to do all this on your own um and it’s not it’s not you know expensive right um so myi clubs rolls up that
Information um to the fraternity so that we can actually track that investment activity and know kind of okay what are we we’re putting money back into the market I think long term if we’re doing this and we’re having this type of an impact you know it gives us leverage as
Of people when we’re going out and we’re you know whether it be lobbying or whatever it is that we’re doing politically to be able to say look we we’re having a real impact not only we going out here and buying your crap but we’re investing in it as well um so
That’s the thought process there um I’m GNA stop right there and just see if there’s any questions around the investment Club um you can either go into the chat or um you know speak out yeah there’s nothing in the chat at this time but any brother um just feel free
To raise your hand um brother LLY go ahead so establishing um I guess my question is uh in establishing the club this would be at our respective uh chapter level and since this information is being rolled up to the uh National level uh it’s that where the connection
Is that you can see the activity of that respective chapter and what they’re doing from an invest correct correct and and we just we just want to be able to track what brothers are doing what what these investment clubs are doing um within our fraternity so that we can utilize that
Information um in our P whatever thank you all right brother Benson yeah I just had a that answered one one of my questions the other one was um what’s the standard I guess in your opinion number of brothers that would take to start a club like do you
Recommend three to five or how do you yeah I would I would say five I would say you know try five to 10 you know try to try to get at least five brothers right and then does that and when you’re doing that because I I don’t believe at
Least not in our bylaws this isn’t really part of our bylaws is would this be something that um I assume it’s approved at all levels right since it’s you’re the international but there’s no there’s no challenges that would come through from a chapter level that we’d have to do
Have any kick back to the international or to Regional or anything all part of there’s no money so yeah so there’s your money is your money yeah yeah nothing we don’t have any relationship any monetary relationship with investing brother B are you speaking right now or okay all right thank you I
Got you yes y thank you so yes so just so that you know I mean we we don’t have there’s there’s no there’s no monetary relationship there’s no financial gain or anything for the fraternity this is you know I’m I’m doing this is a volunteer organization you know I’m
Spending my time I don’t talk about what my company does because I can’t right I come to you anybody with Investments that my company puts out there because I can’t it’s illegal right um so so as a fiduciary both for my company and a fiduciary for the for the fraternity in
That seat as chair of the financial investing committee I know not to you know cross certain lines um and the fraternity I wouldn’t allow the fraternity to do that especially on my watch so I hopefully that answers your question it does thank you all right do
You have an example of a bylaws that you can send out um so um I’m not quite sure if they have um the bylaws listed on the website um but there’s quite a bit of information on this website here where they’ll walk you through the process so this is the
Better investing website um I’m just going to go back to the to to the main page so if you go to betterinvesting.org um I don’t know if I if I actually before I do that did share with Brothers The the link okay so if if Brothers can take this link this is going to give you a 90day free membership um so if you can if you can take a picture or scan this QR code right now I’ll take a picture of it just in case you don’t have the you get
Caught up and you don’t get a chance to to go into it um but take a picture of it you know sign up 90 days free membership then not ask ask you to put a credit card or anything like that and they give you access to everything right
You can actually join a mock investment Club they call them model investing clubs they’re available everywhere um and the question again was give me that question again brother brother Gibson uh hold on let me go back up let me go back up to it uh he just basically
Said did you have do you have an example of oh yeah of of the um of the bylaws yeah um I don’t have anything on this computer that I’m able to share with you but you know you’re it is something we can I’m pretty sure they have um a
Sample of what that looks like a template so let me help you out as well so just depending on where you live if you if you click on from the main page our community it pulls up all the different chapters right so there’s an online chapter you know for areas that
Are outside of the local chapters that want to you know invest in in online chapter so if you live in you know you know tupo Mississippi or something and they don’t have a chapter there and you want to join an online chapter you can do that right um You have chapters
Listed by state you got got Eskimos investing um you got quite a few in California uh quite a few in Florida DC Georgia Idaho Illinois Indiana Iowa so you know they’re they’re pretty much everywhere in every major city gentlemen so when you click on these these
Uh for example let’s go to the New Jersey chapter click on the New Jersey chapter what it shows you is their local events their contacts their model investing Club every chapter has a model investment Club what does that mean it basically just means it’s their M club
That they say hey look you want to create a club how about you you know join our model investing club and that model investing Club will basically we they meet the first Tuesday of every month you want to come in check it out get an idea and understanding for how it
Works you can do that and join it and it’s free and it’s open to the public um but then if if you want to contact anyone in that chapter their information’s right here you got all the people here you’ve got your contacts and you reach out to them and guess what all
These volunteers they’re available in that area they’ll come out to your chapter they’ll walk you through soup the nuts everything you all need to do which is not a lot there’s a couple documents that you be all your members members sign and then you go from there
You start creating you know your bylaws and how you guys that’s what you do collectively you figure out how you want to invest and then you come up with a a criteria for the the different types of stocks that you want to buy or bonds
Right and I would I would say you go from there but it’s it’s not a it’s not a this might be the most in terms of the heavy lifting but once you get this done you know it’s as simple as you bringing people into the into the uh the uh Club
Itself and making sure that you got people that are going to be responsible enough that are are um disciplined enough and and have have enough desire to to want to be there and do it on a on a regular basis so finding like-minded individuals I think is is important but
I think it’s a way that you can most certainly you know within your chapter get Brothers closer but you can also think about eventually opening it up to your community and pushing out investment clubs to different organizations you know whether it be you know your your Sigma betas or if you’ve
Got a Adopt A School right there’s so many different things that we do out in the community I want you to start just put on your thinking caps and think about how we you know can be the facilitator of wealth building in our communities all right there was uh there
Was another question in the chat and then we’ll move on after this one are we focused on public traded stock bonds only and what about private equity so um if you have an investment club and you guys put that into your and you put that into your you know your bylaws you
Can do whatever you want to do right you can do what will what what does better investing do in terms from a research standpoint they’re only researching publicly traded companies so they’re not they’re not looking at you know anything that’s not a publicly traded company now if it’s a
Mutual fund or an ETF that has some typee of a private Equity twist or you know where they’re they’re getting involved with VC Venture Capital you know IPOs or something like that then yes but it has to be publicly traded for better investing to give you research on it but your Investment Group
Can do whatever you want anything else no you can go ahead all right so go ahead and take a picture of that gentlemen 90 90day free membership it’s my hopes that Brothers will take advantage of this bring it back to your chapters make sure that your bigger and
Better business directors know about it um talk to your your your Regional bigger and better business director they have um you know um specific directive from uh from Brother Gibson and myself to actually top down make sure that each chapter is doing this we really want to
Make this happen and it’s it’s about wealth generation it’s about having a real impact with each and every brother that we talk to so that you and your families are taken care of for generations to come all right so without further Ado I’m going to talk about the uh Q2 2024
Investment contest um I want to congratulate uh brother a he’s a two-time winner um he won $1,000 uh for his portfolio in the fourth quarter uh from October through December he um had a 30 plus percent you know uh um gain so the boys on a row man you know so we have
Our you see him right there so he’s he’s on role this was his portfolio um 32.43% and um when we did our when we did our reveal he walked us through you know uh all of his his stock picks so this will kind of give you an idea for how this works they’re
Individual companies they’re not mutual funds they’re not ETFs it’s there’s not it’s not crypto it’s not private Investments these are publicly traded ated companies and you see he’s got a pretty cool portfolio I shouldn’t I shouldn’t give be showing yall his uh his secret sauce but you know you know
Um we showed it to everybody during the reveal so we had some notable um but his portfolio you froze up a bit Jay 25 you had was up 18% um and that was fourth quarter uh oh can you guys hear me yeah you freeze you froze a little bit can
You hear me hello hear you now you’re just breaking up Jay you there can you hear me no you had broke you had broke up you had broke up uh while youting Andre Bellow’s on yeah can you guys hear me okay we hear you now okay
Yes sorry about that I’m in a hotel so I don’t have uh the best WiFi here uh just let me know if I break up again so I’m going to attempt to share my screen again and hopefully we don’t have any issues okay um if you could go back to brother
Bellow because that’s where you had a lot of the um stat static okay give me one second um so yeah this was brother Bell’s portfolio names that you know and love you know what what is what does uh Warren Buffett say a buffet ISM you
Know go out and go out and invest in what you what you what you spend your money on what you know um and then you had Donell bugs at 18% right so let me uh go back to the presentation mode okay so the the the the investment contest is
Uh being sponsored by all spring Global that’s uh my company so all Spring’s a you know an independent Global asset manager we manage 580 billion um we’re fixed income experts Risk Managers we’re formerly Wells Fargo Asset Management about 400 plus billion of that is in in
Fixed income um and I’m I’m the regional director in the Pacific Northwest um I have assets under advisement close to 15 billion in my territory I raise close to a billion dollars every year for my frat for my fraternity I wish for my for my
Uh my firm um so they’re the sponsor um this year we’ve we’ve rolled out the Collegiate uh contest as well very pleased that my company is also part of that and um it’s our hopes that we can get more Brothers um just more educated around the stock market and investing so
The way this works is you are going to be getting your your your uh portfolio on April 1st and on June 28th I will then know the appreciation or depreciation of your portfolio um we will have that on a spreadsheet that’s going to automatically give me the the
Numbers um and I will then at that point be able to see who has the top uh performing portfolio so um you can use any fintech app or an existing brokerage account um I recommend that if you’re going to use a ftech account if you don’t already have a brokerage account
Cash app is simplest you go into your cash app right now you you if you open up cash app I I’ll walk you through it um if you don’t know that you can invest on cash app you open up the you open up the um the actual um app itself and once
You open up the app um you’re going to see down in the corner if you’re using an iPhone you’ll see like the dollar amount if you’ve got money in that account or not it’ll be a zero or whatever you’ve got in cash in it click on that it’ll show you cash balance
It’ll show you Bitcoin savings paychecks and you’ll see stocks when you click on stocks it says start investing with just $1 all right so you can buy those names that you know and love um cash app’s probably going to be a little limited to um mostly Fortune 500 companies so if
You want to kind of get into the weeds and you you going out and buying like you know obscure companies and stuff like that that nobody’s ever heard of you might need to open up um you know another fintech app or account you know that could beish on a Schwab or it could
Even be you know um Robin Hood if you want stash Sophie uh Sofi rather so these are just some some names that you can look into um and most of them have fractional shares that you can invest in with as little as a dollar some might be
Five again quarterly contest prize is a $1,000 to the portfolio with the highest appreciation right um the rules real simple you must be fin fully Financial you know fully financial means right on all three levels um and I will check um the purchase of five individual stocks again not ETFs not crypto not
Mutual funds right publicly traded stocks you buy those stocks on not before on Monday April 1 when you buy those stocks you’re gonna upload a screenshot um sometime you know that day or shortly thereafter via the Google form we’re going to put the Google forms
Out next week so that way you you can kind of go in a lot of this information thank you a lot of the information that you see here is going to be on that Google form and you’ll be able to go in and um start preparing
Yourself for what you’re going to do on April 1 not a day before because we are going to look at performance from April 1 which means I’m asking everyone to make a purchase if you if you own a stock that’s already in your portfolio that’s great but what I’m asking
Brothers to do is make a purchase you can buy that same stock if you want to continue to put that in your new portfolio you can buy that same stock but I need to see a confirmation that you purchased it right on April 1 upload it showing that proof of purchase or
Ownership and at the end of the month excuse me at the end of the quarter you don’t sell it we I’m I’m asking that you not sell it I mean you can sell it after 28th if you want but my hope is that long-term investing you will maintain
That in your portfolio and hopefully do it again um so contestants will be notified um at the end of the quarter uh which portfolio had the highest appreciation so that proof of purchase um again is required I I I’d like to see three things this is really really important
Because trust and trust and believe every single time people upload they give me the wonkiest uploads that only have like the name of the company and that’s it I don’t know what price you bought it at I don’t know the ticker symbol so now you’re you’re
Putting all that work on me I’ve got to go research that I don’t want to do that right so I need Brothers to understand I need the name of the company I need the the the buy confirmation for April 1 and I need the ticker symbols those three things and with
Gucci I’m GNA stop there and see if there’s any questions question one question in the chat and I have a hand ra two hands raised uh the question from the chat reads stock price can vary greatly during a day does the contest use the cob price for those
Stocks that we choose lowest price or Buy in price your purchase price so wherever you purchased it at that’s why you’re sending me a confirm when you send me that confirm if the stock traded between 32 and and $33 and you bought it at 32.1 five then that’s what’s going to
Be on your confirm and that’s the that’s the price that I’m going to input into the spreadsheet all right brother larly you can get off mute and um ask your question so a uh April 1 we’re taking position in five companies does the this include both full and partial uh purchases of
Shares yeah yeah as long as you make if you do a if you if you buy if you buy it right now any brother on this call you’re fully financial and you meet all those rules you can join this contest with as little as $5
Do so you can buy a fractional share in any company that you want or if you you know you you’re in position to put in a lot more by all means we want Brothers to to really get in the habit of doing this this is just something to kind of
Wet the beak but for there are a lot of brothers on this call that have have been long-term investors and um are kind of just doing this for the sport it’s not to say that they’re good at it or anything now I’m playing um but you get that you get what I’m saying
Just hoping April first is not where it’s at his highest peak so say it again I’m hoping April 1 is not where the stock is trading at its highest yeah you and me both you know with the with the FED announcing three rate carut hies you see the market
Hitting alltime highs today so I don’t know what I don’t know what we’re doing but you know it’s an election year that kind of bolds well for the market there never been you know a year that the Market’s been you know down during an election ever all right brother
McCain all right brother I just want to make sure I understand the rules um so if I wanted to purchase you know five positions in one company that’s not what you’re after you want us to buy five different stocks that correct gotcha thank you that’s it all right is there
Some some type of bi-weekly progress report to assist Brothers to see how their stock is doing asking for the beginners no no you should probably be doing that on your own so if you go in and you buy five stocks on April 1 from cash app they’re going to be in your
Portfolio you can click right on cash app and open it up and go oh okay I’m up 10% in a week great you don’t need me to do that all right can we not buy more shares during the April 1st through 20 June 28th time frame not not for your portfolio so for
The contest right you can do whatever you want but for the contest I’m only taking the five confirms that you send me with the five ticker symbols and the and the and the and the stock price and that’s what’s going to be inputed you can do whatever you want after that if
You want to buy more Buy all means but what I’m taking is I’m taking those confirmation prices and the and the companies that you invested in and I’m putting that on the spreadsheet from April 1 all right how is the Google form shared I had trouble obtaining it last
Time so it is pushed out um via ihq right so um we also are asking um regional directors or and Better Business directors uh to disseminate that to all of their bigger and better business directors as well it’s it’s pushed out via um the international bigger and
Better business Facebook page uh we put it out in a lot of different places so but but make just be on the lookout for it and we’re going to make sure that we get that out next week so you will see you know um an actual uh piece that goes
Out about you know the investment CL uh contest beginning on April 1st and there’ll be a link it’ll either be embedded or most likely she’s going to embed it where you click on it and it takes you directly to the to the Google form where you’ll then go in no earlier
Than April 1 why because you don’t know what you’re buying until April 1 you won’t have ticker symbols you won’t have any of that stuff until so don’t start the process until April 1 or shortly thereafter once you’ve made those purchases all right can we pick small
And mid midsize C stock you can pick whatever you want as long as it’s publicly traded you can pick whatever you want how will the quarterly prizes be sent to the portfolio brother T brother brother Gibson you can speak to it you cut those tracks right yeah basically once the
Contest is over U we will do it through bill.com I will get all of your information and we will take it from there have you enrolling bill.com and ihq um the HQ um Personnel we’ll make sure that you get your money in a timely
Man it’s up to you to make sure that you complete all of the information in a timely Mount okay so is that is that an e is that a um is is AC do they drop it right into their account or is it a physical track no AC there it is AC and
We have um brother Andre Bellow on the call he’ll definitely let you know that he got his money they dropped it like it’s hot Absol yeah was very quick all you had to do is fill out the paperwork and within a week it was in my account amen
Um Andre if you could stay on for a couple seconds I would love to hear from you but are there any other questions before I I I uh give the floor over to uh brother Bell hold on somebody says something can I provide the info in an email with the Excel spreadsheet what
You mean um brother Maiden I didn’t quite get what you were stating I had problems getting to the um the Google’s um form you know I could provide information an email talking about the the stocks that he purchased yes uh okay so you you’re you’re saying that you couldn’t get to
The form before and you and you want to provide it to me via email right okay yeah that’s fine but but but you just as long as you know and understand what to what to put in there you you have to have you have to show screenshots uh of the proof you know
Proof of proof of purchase okay that’s fine my my email address is juules hey so it’s jle hmail.com and the slides will be made available um gentlemen um brother Merck green hey good evening Brothers my question is it kind of going back to the investment groups I put a question in
The chat since we started this you do we know how many investment groups have been started uh since you know we started this process no but there there have been a handful of investment clubs it’s been sadly it’s been slow right um and that’s why I’m asking the the bigger
And better business directors to to make more of a push because I think it’s just a it’s a it’s an educational you know Gap so we really I really want us to run with these there’s been a handful I wish I could tell you that we’ve had 20
Investment clubs start up across the country but it’s not that many but we have had investment clubs begin yeah yeah just yeah I’m just saying I offer this to you for just as a suggestion you know my investment club that we started in my undergrad chapter
Four years strong now uh if you want a good example of U you know a group of guys coming together to make some money we’ll gladly put a put something together and have the guys show up to one of these sessions and explain to anybody how successful we’ve been in the
Last four years and and all of that stuff that you talked about we’ve been through it as far as letting people in letting people out growing assets and doing all that we’re we’re actually considering uh disolution right now but then we’re also talking about growing our assets in different classes other
Than just investment and now we’re talking about real estate and some other things so awesome so so brother brother green I’m so happy that you came on so just to speak to that real quick if you wouldn’t mind just you know sharing a little bit about a little backdrop um in
The next you know two to three minutes around you know kind of where you guys started just a couple minutes where you guys started where you guys are at with respect to you know you know the the amount of monies that are invested in the market right now
We are you’re on mute sir here we go yeah so we started 2000 I guess uh so the Iota talk chapter a bunch of guys that graduated from LSU all with you know jobs now and so we decided to get a group together and we started with about
15 people at first but then we wrote in our bylaws that will go up to 25 and so we expanded it to 25 I know brother Dominic Thomas is on the call uh who was in zds with me when I was in Virginia made the invitation out we had an
Informational meeting uh told people what the Buy in was and the catch-up fees because we had been um in operation for about two years we pay $50 a month into the club so roughly about $600 a year uh we have meetings where we have our investment Club a research committee
Where we research stocks and then we make a you know we make a decision or a position to the body of the group to say hey here’s what we’re investing in at one point we were you know researching and then getting everybody to vote but then nobody would vote and so then we
Asked all the members that would they feel comfortable just letting the research committee research and then buy nobody had anything against that so now the research committee has all the authority to research and then they buy the stocks and then we started you know we learned about setting stop limits uh
Selling out of positions and then we actually moved into a dividend structure where we essentially said we wanted to account for like five to six more members in the group by basically finding stocks that paid us dividends or the equivalent to dividends annually so you know we changed our uh over time we
Changed our mindset and and how we did it instead of just chasing stocks that we would buy in the price goes up we sell out to finding stocks that we would stay in long term and you know play a dividend ladder essentially so we’re in ET yeah we’re in ETFs we’re in regular
Stocks um you know we had a Marcus account for a high yield savings account for some of our you know cash that we kept on hand we brought in research we brought in speakers to the group to talk to us about different things um you know we looked at Investments Insurance like
The whole financial pyramid really and I think everybody over the four years that we’ve been doing this have gotten smarter created their own portfolios uh but then we also know how much our value is in the portfolio that we have so if we do decide to cash out we’ll have more
Money than we put in when we started but it took us you know four to five years to get here but like I said in the chat we have about 75,000 I think Dominic in in total assets and our goal is to try to get to 100,000 uh before it’s all
Over it’s awesome brother look we’re uh we’re coming up against the hour and I want to be respectful of everyone’s time um were there any other questions before I turn it over brother blue no there wasn’t any um nothing in the chat and I didn’t see any is he still on with us
Brother B yes I’m still here Brothers alrighty if you if you wouldn’t mind just giving us a little you know just a little um uh kind of um uh backdrop on you know your experience so you you took second place this La uh you know in the in the Q4 uh
Competition but you won you know the Q2 compeition uh competition in 2023 uh I know this is a different portfolio but if you could just you know kind of walk Brothers through kind of how you you know heard about it was this your entree into investing had you been doing this
For a long time just give us your background yeah so um to be honest with you I have never invested before of course through my job through 401K through those kind of things that’s the only investing I ever done so I never did anything so when I heard about that
First investment Club I I joined it and it intrigued me to look into things and look into different stocks and then it became simple because you had items um then use avenues like Robin Hood and cash app so cashh app is what I actually still use right now so um it was very
Simple I um I’ve read some things like invest into what you use or what you see in your community so I started off with things like Facebook Nike uh um Apple um all those kind of things that I use every day and um that’s what actually
Helped me win um that that last one because um the one I did the one before last and um I use just the knowledge and on cash app when you invest those Investments come up with news every day so you can see what they’re doing what
The stories are and now it’s part of my morning ritual you know it’s part I pray I have my gu moments and then I’m reading up on different um stocks like the Jet Blue Spirit combination I was like when that happened I’m like oh I would three years ago I would have never
Even thought about looking into stuff like that but now I’m looking into everything Brands I never heard before on other stock Pages just looking for things then I go on cash app and find that stock and invest in it and then I just watch it every day that’s part of
My morning ritual just watching things see how they appreciate so I looked at just cash app just to give you a quick synapsis on that I donated probably like 800 on cash app now and if I would have had 800 in a savings account I may would
Have had might would have had $810 for two years in the savings on appreciation I have $95 off that $800 so that’s a big difference if you look at the money that I made off of stocks already I I already did more than I would if I just put in a
Um savings account so that just shows the Improvement and the benefit of investing that’s right that’s right and it is go ahead Hey Brother Bell just know that you’re a part of my success story during the regional conferences you’re on my slide deck sir so all right don’t sue me well you gotta
Say my name right first Brother Gibson help us what is iter it like got you brother be it’s like saying blue but you’re gonna just say B and then the L be I won’t forget it now congratulations again brother and thank you for uh just uh providing us uh
With some backdrop no problem thank you for your leadership and you and Brother Gibson man we appreciate it hey no anytime man we got brother McCain he the last one oh yeah I’ll be quick too I just want to know if I can get my a information to you guys now
Wow wow confident brother yeah hey you must be from the East Coast son where you from Brother uh I’m actually in the same chapter as as brother Bel and uh but I am from New York so I knew that right away that’s New York swag right there
GE Georgia trying to take it man already got it three times yes sir awesome well gentlemen I really appreciate everyone’s um attention and and just showing up and and I really hope that this was um informative um we are going to follow up with all this information make sure that
Everyone has everything that they need and has the delivery vehicles to get the information over to us um it’s my hope that you will take this to your chapters um and and and really think about the investment clubs really promote the investment contest letting Brothers know
Just how easy it is right $5 that’s a cup of coffee have some fun for the next 90 days you know put it to work put your put your investment Acumen to work and you never know you you might be a winner you might be like brother
Belo I appreciate it gentlemen um if there are any questions again you can reach out to me uh via email Jules hey J J hey gmail.com um just feel free to you know just ping me if you got any questions and um we’ll have information sent out momentarily appreciate your
Time and God bless thank you God bless go Brothers Go
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