Recording all right good evening and good afternoon um for anyone that is on the Eastern region as well as the um specific Coast time zone I am brother Terence Gibson your International director of big and Better Business um we welcome you to the second quarter investment contest SL investment Club
Informational U we have a wealth of information that will be shared um by our financial literacy Le brother Julian Haywood but before we begin I would like I always like to begin with a word of prayer so everybody byy your heads and your respected places father God thank you for allowing us the
Opportunity to bring forth this activity tonight um pray for our presenter brother Julian Haywood as he presents the investment contest as well as well as the investment Club informational pray for those brothers that are on the call that you take this the knowledge and the expertise from Brother Julian
Haywood and apply it to um not only the contest but creating an investment Club within your chapter pray for those brothers that have the desire to get on the call and may get on the call later pray that the information again is fruitful to each and every one of you
And pray that we have a great call tonight in these blessing we ask your name Lord we pray amen all right amen all right and without further Ado I’m going to turn it over to International um bigger and better business financial literacy lead brother Julian Hayward take it away thank you
Brother I really appreciate it Brothers um let me first uh and foremost just introduce myself uh for those of you who don’t know me um brother Julian Hayward uh as he mentioned financial literacy lead for the international bigger and better business team um I also chair uh the fraternities Financial investing
Committee and I I want to say we’re probably way close to maybe 7 million in in assets uh in investable assets not all of our assets but just the ones that we have invested in the market right now um we started this journey uh during Crystal’s uh Administration and um uh
With the help of uh our illustrious International Treasurer brother Frasier um we have uh grown uh those assets considerably for the fraternity um the investment uh uh the investing committee itself it acts as as an investment committee excuse me for I should say the financial investing committee acts as an
Investment committee to the fraternities invest investable assets uh in the stock market uh or in the bond market and uh it’s made up of myself and three other individuals and our job is to uh create a portfolio fio um that is in line with the fraternity’s um investment policy so we
Started started off with creating that investment policy uh that investment policy was um sent over to uh the the general board once they approved that we then went into the implementation phase where we we did a search for financial advisors excuse me and we um selected a financial
Advisor uh that is also frat and our job as an investment Kitt committee is to manage the uh the actual financial advisor so we make sure that he stays in line with the investment policy we make sure that the Investments themselves are um um you know the right Investments so
We have an opportunity to really um just spend a lot of time um you know um just going over a a lot of the different Investments that he brings to us so he he will make recommendations we’ll then spend some time doing our due diligence
And we get back to him on that committee ex official is also our International treasur as well as our International president um and we have I’ve just had a lot lot of fund um over the past several years you know being a part of that um
Committee and chairing it um I say all that to tell you um outside of that my 9-5 I work for an asset manager called all spring Global formerly Wells Fargo Asset Management uh we manage about 580 billion in assets um we’re fixed income experts so about 430 billion of that is
In fixed income um I’m a regional director in the northwest West um I reside in Seattle Washington and my territory that I cover as a regional director is the Pacific Northwest so Washington Oregon and Alaska I interface with financial professionals on a daily basis um and I travel throughout my region uh working
With financial professionals um that invest their clients monies into our strategy so it’s part card consult but mostly uh institutional sales um I probably have close to 15 billion and and and Assets in this particular uh part of the country that or I should say under under
Advisement um that are in our strategies and I grow uh the you know those assets every year so um I’m I’m hoping to you know get over a billion dollars this year um I’ve got a lofty goal of over 800 billion excuse me 800 million and um
Have you know grown made a lot of money from my firm in the in the past you know several years um so 27 almost 28 years on Wall Street and absolutely love what I do um it’s a passion of mine financial literacy um to make sure that every
Single person uh in this fraternity and the communities that we serve have Financial education it should be gerain to everything that we do um in life as it pertains to you know growing our our monies you know uh most people just think hey went to college got a
Good job I’m making good money and then you go out and you spend that money well there’s another you know uh caveat to to all of this and it’s the investing piece so we if we can learn to put our Monies to work um I was listening to uh brother
John hope uh Bryant um on Instagram yesterday and he was just talking about um the the objective in terms of wealth building is to make money in your sleep and he was referencing um uh Eddie Murphy who uh purchased a painting uh years ago um it was a cover from from um
Uh Marvin Gay’s album you know the where they’re party or whatever and he bought it for 50,000 a copy of it sold for 15 million a copy of it sold for 15 million just recently so just imagine how much the actual original is worth that’s how you
Make money in your sleep so there’s so many different Avenues and ways that we as educated black men uh can can uh build wealth and the couple of areas right first and foremost you know you can go out and create your own businesses right that’s probably the the
One of the best ways that I would say to generate wealth is to is to start a business but then you you you also have um the stock market right so putting your money into the stock market you’ve got real estate right um you you’ve got all types of appreciating assets um and
And there is a science to it right um it’s it’s actually pretty simple it’s it’s consistent right so I I try to get people to understand that and when uh Brother Gibson and I started talking about just how can we educate the masses in this in this fraternity and then um you
Know prepare you uh with enough knowledge to be able to then go out and teach it to your communities um we we thought of an investment contest and uh brother lot in the GF coast region had been speaking with another organization about investment clubs and you know it it
Actually made me think totally different uh differently about investment clubs um because I had thought for a long time that you know investment clubs that’s something of the past but uh as you will quickly see investment clubs uh today are very different from what they were
You know um you know in yesterday year So today we’re going to talk about both the investment clubs and the investment contest that we’re going to have in the second quarter beginning on April 2nd so let’s start with the investment Club um how does an investment Club work so the
Rules are pretty simple and it can be modified in many ways an investment Club is typically a group of 10 to 20 people sometimes more sometimes less you organiz as a legal partnership primarily each attending meetings making a minimum uh contribution for the Collegiates right um that could be whatever you want it
Be colleges look it might be10 to $20 right it could be more it could be 25 right um but in each investment Club is going to set those those uh monthly minimums um and then you’re researching and following the the progress of those stocks or family of stocks that the club
Has bought uh or is considering for purchase so um the club’s portfolios is determined by its members usually a designated member deals with the club’s brokerage firm to execute buy and sell orders value of the member shares is determined by his or her Capital contribution right very very um uh
Important that you understand that so whatever you put in right if the if the if if I put in $100 and brother brother Gibson puts in $200 and the portfolio is up 100% that my $100 is now worth $200 his $200 is now worth $400 so that’s all
Tracked and I’ll walk you through or kind of talk you a little bit about kind of how that works um in a second so um software tools luckily you know uh can do pretty much all that for you so um the long-term proposition is you know most clubs have two stated goals first
Is to learn about investing in stocks and second is to make a return on their investment and that’s uh and that’s a suggested order of of their priority as well however the liquidation value you know if you said get me out of this club and or give me my money back of most
Clubs will Al often be less than the capital contribution of its members during the first year or two because you may not make money right um that that’s to say that investing in the stock market is a long-term proposition and you may only see your contribution value
After the first year or so of a club’s operation um you should expect to make long a long-term commitment and the partners may decide to include a clause that addresses early withdrawal um something that you can certainly talk about as a group most club members uh also eventually begin their own
Individual investment portfolios armed with the Knowledge and Skills that they gain from belonging to a club so that’s the long-term proposition and I want to talk to the especially the undergrads about you know kind of uh what we’ve been proposing here which is um start an investment Club on your campus and it
Doesn’t have to just be ran with your your chapter Brothers you can start an investment Club on your campus and open it up to to all students now you don’t want to have an investment Club of you know 50 people that’s just too many people so they are small but if you’ve
If it’s just your chapter fine if you’ve got you know other D9 members or whomever that wants to be a part of it the long-term proposition is hey this is going to follow us you know after we graduate it’s a it could help is a way to keep you guys connected right where
You’re still meeting on a monthly basis and and you’re Building Wealth together um I think it’s also from a from a value ad standpoint you know it really increases you know just who you are on your campus I don’t think any other fraternities are thinking like this so
Sares are thinking like this um I know for a fact that uh the the um online club that we’re utilizing has done some work um one-offs with a couple of different uh sororities uh and and maybe one fraternity um but it that someone in that fraternity of
Sority has said hey look let’s take this and run with it and and uh deploy it out across our organization so I think there’s a really good opportunity here for the undergrads and I’m so happy that we got the second Vice on the phone um
Because I would I would love for you to be you know kind of a just a uh a mouthpiece to Echo you know uh the sentiments here today this is something that is is is a very um powerful tool when we we talk about taking young men
Right that are coming out of college that are well they’re in college but then coming out of college and making real money for the first time I don’t know about you know any of the older heads on the line but when I came out of college I I was wasn’t looking at bu
Jobs that was not in the deck of cards um many I live in Seattle you know a lot of tech jobs out there they’re starting a lot of these these these graduates out at 150k plus so um going from H having very little to having a lot and managing that is um a
Big responsibility and one of the things that we really want to do with the under is make sure that you are all armed with you know budgeting skills armed with investing skills knowing you know that you absolutely need to immediately start investing into your 401k and know that’s
Not a slush fund for for spring break for you to go and break it up because it’s retirement money and there’s penalties and taxes that you have to pay on that um but if you understand that the earlier you start investing the more money you’re going to have when you’re
My age right so you can be that Millionaire Next Door easily if you get a job and even maybe you’re not making 650 but if you’re putting monies away every single month both pre-tax you know or after tax money and hour on an IRA whether it be a traditional or a Roth or
Outside of that in your own in outside of that you were setting yourself up for Success you were you were setting your you and not only yourself but your entire family up um to to create that generational wealth that you can then pass down to your children
And your children’s children so forth so this is really about giving you the knowledge for those brothers that have a real desire to to learn the markets that’s what the in clubs about it’s it’s it’s about you know getting you all um to a place in a space where you
Understand Capital markets where you understand publicly traded companies so that you’re able to actually make a informed decision around okay I I like I I like Dell computers or I like HP or I like app to wear a certain type of clo well in a lot of instances those companies
Are publicly traded so now you’re making these informed decisions all right it’s it’s you know uh it’s a it’s a it’s it’s like one of Warren Buffett’s principles right buy buy what you know buy what you you know buy go out and invest in the things that you buy right um invest in
The things that you know and that you like so you start taking a look around well what what what am I spending my money on where’s my discretionary income going those are the types of conversations that you want to have you know within your investment Club so the
Good news about starting up an investment Club because I know on a couple Pages back it had all this other stuff and accounting and all this other stuff yeah all that stuff has to happen but the good news is that we’re partnering with betterinvesting.org and the cool thing about it is that it’s
Totally turn key right they have the people first and foremost in place and every maj city across the country they also have other chapters in not so major cities but they have these chapters set up that are in place with people that want to help us create investment clubs
So the way it works is Club dues meaning the act itself not individual dues but the club itself Club dues are $52 annually now there’s membership $45 and they go up to as much as$ 130 and the difference is $45 as you can imagine just gets you kind of in the
Door Club core is going to give you some tools for research club plus is going to give you the whole you know uh gamut I would suggest that at least one person H club plus into your fees to pay for that additional monies for that one club plus
Um and then there’s this online stock selection tool that’s included and it begins on the mid tier um they also have a subsidiary called my I club that the accounting and the operations and the communication they give it to you free for one year um we are talking to them
About trying to um extend that um or at least get a you know a discounted uh pricing on uh cost thereafter or at least for under grads while they’re in college um myi clubs we want to roll them out uh all you know throughout all the chapters through the the states through the
Regions we want to take all that information and roll it up um you in terms of just our Pia so that investment activity is is actually captured so I’ve talked a lot um but what I want to do is just stop for a second just to see if there’s any questions with
Respect to the investment Club so far yeah there’s one question in the chat what type of real estate Investments can we invest in this investment Club opportunity yeah so so there are or you can also uh purchase mutual funds uh that are reached that are set
Up so there’s tons of you know different real estate right so you have commercial real estate you have um you have you know just your residential you have mixed use real estate um so there’s there’s all types of stuff out there so just again you
Want to do your research but yes you can do that there tons of publicly traded companies out there that deal with real estate or real State Management any other questions regarding the the the yeah you had broke up a little bit Jay I’m sorry can you hear me okay yeah
Now we hear you just repeat your question just the last thing are there any other questions regarding the uh invest the setup of the investment Club I have a quick question go ahead so um your vision for collegate chapters for example is for maybe like the chapter to set up an investment Club
Using betterinvesting.org the chapter would pay that 52 um annual dues and then each member in the club would pay that 45 1053 correct okay cool and then what’s the I understand like the Brotherhood aspect of like learning with your brothers um and having that connection but what’s the
Financial benefit um of investing within this investment Club rather than learning about Investments on your own and then on your own investing into your own portfolio maybe like $10 I’m glad I’m glad you asked right so so let me let me give you the backdrop of investment Club
Right so before fch right um it it you it took you it they say it takes money to make money you had to have money so if we just take you know Tesla stock right now at three and change or wherever it is right um to buy one share of
Tesla 20 years ago you had to have 300 and change so if you had 10 people in your in club and you’re only putting in $25 a mon month you weren’t able to buy you know one share of of Tesla right um so you’re pulling the money so that you
Can go out and make a bigger Splash now with fin with the creation of fintech and fractional shares you don’t necessarily need to do that and that’s the other half so when we start talking about the investment clubs we’re going to go into the individual portion but why investment clubs are still so
Important is because it’s an opportunity for you to get together with like Minds right and share ideas right I don’t know everything I’ve been in this industry for 27 years but I tell I get around tips they always have something to share with me about the markets about
The economy you know Capital markets in general um so your ability to come together and learn different aspects so I’ll give you another example let’s say you have 10 people in your in your investment club and you guys decide as an investment club that you want to
Learn different sectors of the market so you’d say hey you know what I’m gonna take over uh uh biotech right um this person is going to go uh it likes likes the airline industry right this person over here you know wants to get into consumer goods this person wants to get into whatever
Right now you’ve got all these people that are doing their own individual research right um looking at companies and then when they come back to the table right you’ve got all these ideas that you guys collectively start to look at and go okay well you know what do we
Want what are we ultimately deciding that we want to invest in and put into the portfolio so so you know two heads are always better than one okay thank you any additional questions before I move on uh one just popped up what syndications can the club
Join all right so um so when you say what syndications like that’s a that’s a technical term so I’m I’m trying to I’m trying to figure out where you’re going with that so when you say syndication what do you what do you mean be specific
And you can if you can jump online let let us know what you’re talking about you can come off mute Brother s still yeah I’m here so basically syndications U talk about other uh Enterprises can we venture off to join other Enterprises to Syndicate or project uh no so your investment Club is
Just your invest club right you guys are the people that are in your investment Club are going to you’re going to stick to what you guys are doing in your investment club now if you all say hey hey we we we have some other stuff that
We want to do um and we want to pull our monies and go into a private investment of some sort um if that’s what you’re referring to then yeah right so if you’re taking like-minded individuals that are saying hey look we’re starting with this investment Club
And ultimately we want to grow this and maybe start doing other things then I guess you could um but I’m I’m still trying to understand you know kind of when you say o other Enterprises if if you’re to if you’re are you talking other investment clubs other investment opportunities yes other other clubs
That’s exactly what I’m talking actually you answer the question already okay all right all right cool all right appreciate it there’s no more questions in the chat okay okay so um so what we started to do was get regions rolling out investment clubs so you what I’ve asked each uh
Regional bigger and better business director to do is to create investment clubs and you know some have uh pressed the button on it some are still kind of working on getting it together and um what we what we’d like to see from the regions is an investment club that
Anyone from the region can join just to start off high level but really and truly I’d love to see this done you know on a on a on a chapter level right with the director of bigger and better business you know um you know running point the um State can also put bring
Something together um You probably don’t want to have more than 20 people per Club so we can roll out more as we go along but Brothers I really think that this is a great opportunity for you all to learn the stock market because you you’re the tools that they give you
Through better investing they give you fundamental and technical analysis right the research fundamental is research technical is Trends right it’s okay you’re looking at you’re looking at how the actual stock trades when it goes up and down you know it creates this trend analysis and based on the
Movement you’re you’re able to you know hopefully better buy low and sell high right um so my ask from everyone is that if you have questions right that you you want answers to that you reach out to me um uh TG if you could if you could uh just
Maybe put my phone number in the chat area I don’t have the ability to to see the chats here but but um if you could put my number in there um and in my email address my email address is real simple is Jules hey J L
Hy Gmail just ping me and I’ll get you guys started now the cool thing about this site is that they are working with us so they’re giving us this 90day free membership code right so you can get started today with a free membership the other cool
Thing thing is that when you when you go in you can go through Peru the entire website but when you go in what they’re going to what what they’re going to actually um um allow you to do is join like a mock investment Club so that you
Can see how it works in action and that will give you a real understanding for and I would say you know get the bigger and better business directors to to to jump on and sign up right away so that they can bring it back to the chapter um
If you yourself want to do it by all means um but the cool thing about this is you know what it’s free for 90 days um you get an opportunity to join a mock Club you get access to all the different features so you can really get an idea
For how this works so please go ahead and you know make sure that you scan this you take a picture of it I’ll come back to this in a minute um if you don’t if you you didn’t get it but what I’m going to do right now is just share the
Website with you so this is the website and you know it’s it’s pretty freaking easy to navigate first things first I’ll tell you click on meet our community our local chapters you’re not alone in this right you can call me but you can also reach directly you can reach out directly to
Those chapters they even have a chapter in Alaska gentlemen Eskimos is making money too all right so you got tons of chapters in California you got DC Florida has a handful of chapters you know even Idaho right so as I mentioned to you most major cities are here you can
Go in here and and you know you want to find out who’s who’s in your who’s running your your your uh your the the the local chapter in your area you know you just click on the chapter if you some information here tells you how they’re set up they’re in Montgomery County
Right model investing investment clubs so they’ve they’ve got two model investment clubs and those model investment clubs are are um two clubs that they themselves actually run to help other organizations or groups learn so that model investment Club is a mock investment club that you can join
Right now today um if you’re in that area or you can you can join any of them because they’re all virtual right um so it’s just as simple as you putting your name and your information in there um and they will they will get in contact with you they’ve got their local
Events uh for this particular chapter where they show you those model investment uh meetings so very organized each of these chapters has a wealth of individuals that will come directly to your chapter and educate you on it they’ll spend the time they’ll walk you through every piece every document everything
That you need to do and it is it’s it’s very easy it’s not a lot of work so I don’t want you to get caught up in that because they’ll get you through all this very quickly the thing you want to start thinking about is once someone in your
Chapter or you has enough knowledge to say hey we really want to go forward with this you know um you put it out there to the Brotherhood to the chapter and move from there but just a great a great site um you’ve got a ton of ton of
Information ton of investment tools that are all available free videos on investing all this stuff is at your fingertips so if you really have a desire to really and truly learn about about the capital markets learn about you know just investing in general what
It what it means to own a own a company and what are the things you know that that makes a company uh profitable you know um is it a growth is it a growth company is it a value company you know um and all the all the other
Terminology um that you’re going to be looking at that would help you to make um an informed decision as to whether or not it makes or meet the criteria for the investment club to go into your your portfolio so um back here for any brothers that have not um
Scanned this or taken a picture of it it’s my hope that each and every one of you will take this back to your respective chapters and um get started definitely reach out to me if you’ve got questions um but I do I do believe that this is something that you can um you
Know do in your on on a local level with your chapter brothers and or your your um your campuses it’s a differentiator um so with that I’m going to I’m going to move into the Q2 2024 investment contest um for those of you who have not
Participated in this in the past I’m I’m happy that there’s some Collegiate on I really wish we had more and I’m I’m really hopeful that we will get more Collegiates uh to really understand this and the and the power of it right so um the investment contest is is sponsored
By uh my company all spring Global investment management and um we have added the Collegiate contest to to this piece um because we didn’t see a lot of Collegiates on board with it and you know frankly you’re the ones that I really want to reach the most right because you
Have the longest you know time Horizon to invest and if you start early Trust and Believe by the time you’re my age you probably have more money than me because you’re making more money than I made when I was your age right so very easy to have you know Millions
Upon Millions rule 72 if you never heard of it it basically says that if the stock market’s growing at 10% a year it’s going to take you about you know 7.2 years or you know somewhere in that area to to double your money um so if if
I’ve got two million right now in seven plus years I should have four million in 14 years I I should have eight million right um that’s just how that works assuming that the market grows at an average of 10% a year um so if you think
About that and then on top of that you think about compounding right so the compounding effect is just what I mentioned to you that that that rule of 72 that is actually compounding and then dollar cost averaging that’s what I meant to say so the compounding of rule
Of 72 along with dollar cost averaging dollar cost averaging is in a 401k or in an investment account if you are making consistent contributions to your Investments every week every month right you’re you’re now buying the same stock now that stock may go up or down
In value if you if you bought it high and over the next you know year it moved down in value let’s say you bought it at 50 but at the end of the year it’s at 25 but you continued to buy it right you bought it all the way down so your
Average cost is no longer 50 it’s somewhere maybe in the in the in the 30s right so now you have an average price that’s much lower than where you started so when it does appreciate you’re going to be able to rebound a lot quicker and it works the same way you know in
Reverse if you if you you know you you bought it low you know you bought it low it continues to move up in price maybe you bought it at 25 but now it’s at 50 um but as you continue to own it your dollar cost average moves up a little
Bit but you bought it all along the way and the benefits of that are just amazing so that’s kind of just how you want to start thinking about why do I invest my money it’s it’s what you it’s not what you’re going to get tomorrow this isn’t a get-rich quick thing it’s not
Something that we are saying hey we want you to invest your money for a quarter and then take it out and then go to the club or go buy some Niks no we are saying we want you to start thinking longterm about your money longterm you know about your future so the quarterly
Investment contest starts on April 1st and it goes through the end of the quarter which is Friday June 28th um you can use any fintech app so how many of you know that you know you can utilize cash app most fintech you know companies will allow you to invest
Uh online in what’s called fractional shares right cash app stash tofi Schwab Fidelity you know Fidelity actually has an account for for brothers that have children um uh if if if a minor wants to invest between the ages of 13 and 17 they have a a youth investing account
That allows them to actually invest parents um are still connected however those children are now running their own Investments um that’s available through through Fidelity the point that I’m trying to make is if Tesla’s at $325 and you you put $5 into it if Tesla goes up from 325
To uh 650 that’s 100% well their stock goes up 100% based on what they put into it your your dollar goes up 100% based on what you put into it so why is all that important well we FR fractional shares have levelized the playing field right so the average person there’s no
Excuse for you to not be in the stock market um and and I’m I’m talking to our Collegiates so our Collegiates you know you you spend a lot of money on frivolous stuff you know you’re going out and buying a $5 doll cup of you know Starbucks or something like that and if
You’re doing that daily I mean just imagine how much money that is imagine if you putting that money into um the stock market I actually posted something on my my Facebook um that I I thought was really really interesting um a while back and I’m just going to try to pull
It up really quickly we’ve only got a few more minutes so I want to try to pull this up for you very quickly because I thought that this was um pretty powerful so um there we go okay so this was interesting so I I I I
Can’t share it with you but it talked about the power of being an owner versus a consumer I have talked to many of people about you know um black folks being professional consumers you know I I look I’m I might be biased but hey I think that we’re you know we’re faster
We’re stronger we’re more intelligent right um we’re more charismatic all those things right all of those superlatives but why are we the poorest right we we contribute 1.8 trillion a year to this country’s GDP that money goes from from from from our hands to somebody else outside of our community’s
Hands you know we’ve all seen the stats with respect to Black spend and why we try to invest back into our our own communities because that money doesn’t stay there longer than five or six hours right it’s not enough time for us to to to you know actually make anything from
It right it’s gone we give it away give all of our power away so this piece was basically talking about you know the power of being an owner and I’ve always said ownership is true power so you know Money Power Respect we get the money that’s easy we just talked about that
We’re great at just about everything that we touch but then when we get that money that money itself you know should be transferred into power but we give it away so we give all our power away which is the reason why we have so much you know so many issues in that
Area of respect right so this piece talked about just owning iPhones if you purchased an iPhone back in 2007 for $64.90 the cumulative stock value of that of that phone today would be $33,900 if you bought the iPhone 10 but back in 2007 at that same time for
747 it it would be worth 114,000 $391 um if you put in 1,400 uh dollars almost $1,500 back in 2007 it’ be worth $198,000 and when I say you put it in meaning as opposed to you buying the phones you bought the stock those numbers are crazy I’m
Sorry no that’s me on this Zoom call I’m late can you mute your phone when you coming home who’s that uh brother brother Harold can you mute your line please thank you um that’s okay all good thank you so 1700 back in 2007 would have been would be worth
204,000 today or when this was and the market just hit some some new highs again today you know they just announced three rate Cuts this year so the Market’s going crazy you gotta be in it to win it Brothers you gotta be and there’s no best time to invest it’s not
A certain dollar amount the time is now because it doesn’t matter so with that you know the alumni quarterly prize is $1,000 to the portfolio with the highest appreciation the collegate quarterly prize is $500 to the portfolio with the highest appreciation rules are real simple it must be
Financial right we want you to purchase five individual stocks on Monday April first right it has to be on that day and what you’re going to do is once you purchase those stocks so if for the young men if you all have cash app right
Now go open up your cash app I’ll walk you through it real quick you if you got an iPhone it or or an Android it might look different from mine but if you got cash app if you got some money in your account whether it’s a zero or you got
Money in your cash app click on that click on that that n that uh number right when you click on that number you should see you know a cash balance and then under that you should see Bitcoin you should see taxes you should see savings if you keep scrolling down
You’ll see stocks and it says invest with $1 if you click on that it will allow you right there and then to start buying stocks with as little as $1 so you can start right now and and and plug and play and it happens immediately you already have an investment account and
You don’t even know it so that’s how easy it is with cash app right you already have it um I use Schwab I use Fidelity I use ER tray which is now part of Morgan Stanley right I also have EMP power for my for my uh uh 401K right so
I’ve got a lot of different accounts I I think they’re all good right um I like Schwab um and I also like er trade those are the ones that I use the most fractional shares will allow you to invest with as little as a dollar so to join this contest you just need
$5 minimally if you can put more in by all means you want to make it you know a little more of a meaningful investment you know put $5 into each investment or more um and for for the Collegiate I I look I I get it right but hey guess what
If you put $ five dollar in and that $5 grows to $10 by the end of this quarter that means you your portfolio was up 100% that is amazing appreciation for three months if that happens I almost guarantee you you’re going to win 500
Bucks so you you know from a from a from an appreciation standpoint you just grew your money 100 fold right if if you win so I want you to think of it as a way for you to to to really think about practical investing think about what it
Is that you want to get out of this right what are the things things you want to invest in what are you passionate about where do you spend your money and start doing the research start really thinking about it and start researching those companies find out whether or not those companies
Are publicly traded if they’re not publicly traded go find a competitor that is if you like that particular sector you know I love technology right we were talking AI I used to work for a company called uh alance scal investors kid you not back in
2019 we brought um was it 2018 or 19 I think it might have been it was 18 we brought a we brought an AI company to the market and it wasn’t AI in the sense that it’s it’s the actual AI company that we were investing in we were
Investing in what you see today the the the hundreds of billions of dollars that every single company is in investing into AI infrastructure to make them better right so we were buying companies like John Deere in the portfolio why because John Deere created an ecosystem that was all
AI driven right where they had drones flying around the crops if if a farmer invested into their ecosystem they had drones flying around the C crops that could actually see the dry spots and knew exactly where tother put germicides or the water right that that was a stuff
That we were doing you know several years ago um so been on it for a long time I like AI I like technology I like I like automation there a lot of different things that I like what do you like what’s your thing so just think about that so rules again must be
Financial um you have to purchase five individual stocks you have to show proof of ownership meaning that you purchased it on Monday April 1st we’re going to have a Google form that goes out that Link’s going to be you’re going to see it sent out from the fraternity in the
Next week or so you’re not going to fill that out until April 1 or or shortly thereafter I’d like to have that form sometime that week but the actual Investments themselves have to be purchased on April 1 not April 2nd not April 3rd on April 1st if you were not
In from April 1st until uh June 28th and that doesn’t mean I want you to sell it on June 28th we just want to know where you purchased it at on April 1st based on where you purchased it at I will know where the stock price is at on
June 28th we put this into a spreadsheet that spread sheet will give me that information and I’ll know who has the highest appreciation um so you have to buy publicly traded stocks crypto no mutual funds no ETFs publicly traded stocks at means individual companies that means I live
In Seattle I’m going to put Boeing into my portfolio Amazon in my portfolio I’m gonna put you know uh Costco into my portfolio Nordstrom’s in my portfolio these are the companies that I’m GNA because those are the companies that I know love in in my neck of the woods
Right I’m not going to go out and buy an ETF which is a basket of stocks I’m not going to go buy a mutual fund which is a basket of stocks I’m not going to go buy crypto because we we’re not investing in crypto so I just want to make sure that
We all get that and understand you are buying publicly traded companies individual stocks right um and contestants will be notified at the end of the quarter which portfolio has had the highest appreciation and then we’ll announce uh that winner um shortly thereafter so again I need proof of purchase right
That that tells me specifically that you bought it on April 1st so the the three things that I need you to provide for me on your on your um your uh proof of uh purchase I need the I need the purchase date with the buy confirmation with the ticker symbols of
Each stock and I also need the name of the companies right so if you can give me those three things and and that information is on the spreadsheet you will be entered into this into this contest and by June 28th we will be picking a winner and I’m hoping that we
Can grow this out even more and get you guys on board um I know that we kind of went a long ways but I really wanted to just make sure that I kind of you know got everyone to really understand what we’re doing this is recorded this is
Going to be available on YouTube so if you want to go back and look at it all you have to do is go to the PBS page on on YouTube 58 Sigma page on YouTube and you’ll be able to see this um I know we’ve got another contest that’s getting
Ready to start Brothers has been my pleasure and um uh another informational rather that’s getting ready to start so it’s been my pleasure and I hope that this information has been helpful uh brother McLean if you could take this and run with this and and and um get
Your get your undergrads involved it will be greatly appreciated I appreciate you jumping on the line and in all the colleges and and I wish you the best in school and you know God bless you thanks all right brother second Vice you have any words yeah I had a quick question um for
The investment competition in particular is there going to be a flyer or some type of document with the rules um that I can send directly out to the collegiance so it’s on the uh it’s on the actual uh Google Docs form okay so so when we send that out um and I I’ll
Try to get that out to everyone Maybe by next week just so that we give everyone enough time and then that way it’s it’s pushed um with the Google Doc form but again it’s just very important that people don’t try to submit that form until Janu actually me uh April 1 or
After with those confirmations from April 1 okay I appreciate it this was really informational um so I’ll definitely be speaking to the colle just at all these Regional conferences ongoing so about the importance of in investing and all so I really do appreciate it and feel
Free to call me brother if you got any questions you know just give me a shout if there’s anything I can do absolutely appreciate you hey brother mlan um brother second Vice man thank you for joining in man we appreciate you man and make sure um like I say get that
Information to the collegians for us yes sir I’ll see you all later all right thank you um we just it was one little question in the chat is Robin Hood allow yeah yep right all right all right we just concluded our Collegiate portion we’re going to give the brothers about
Two or three minutes to get on it’s 8:01 Eastern Standard Time on our side 501 uh specific Standard Time so any of those brothers that was actually on the other call you’re you’re still welcome to be on this call because the information is basically the same
But we just wanted to present it to the collegiance to get more of a Collegiate engagement those brothers that are getting on the call please make sure that you’re putting your um devices on mute um because we want to make sure that we don’t have too many
Interruptions we don’t want to have too many interruptions as we go through this process because brothers please put your phones on mute your device on mute thank you hey DG if you want to stop that that recording and then start a new recording yeah
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