Learn How and Why to Invest with Faith Investor's Club #MyInvestingStory

08/09/2021 1h 7min Temporada 1 Episodio 386
Learn How and Why to Invest with Faith Investor's Club #MyInvestingStory

Listen "Learn How and Why to Invest with Faith Investor's Club #MyInvestingStory"

Episode Synopsis

#MyInvestingStory is created to share the stories of investors.Ionnie McNeill and Ann McNeill, BetterInvesting Volunteers, talk with Faith Investor's Club about their investing story.To join the conversation:Register for the webinar: https://bit.ly/MyInvestingStoryListen to the podcast: http://tobtr.com/11995873Or call in: 661-554-9219Faith Investors Club is a limited partnership and a member of the NAIC, now Better Investing. The club meets monthly to discuss various companies (stock options) and determine if the club should invest/buy/sell stock.They view the investment as a part of "stewardship," as a way to make the best use of resources entrusted to them. They adopted NAIC’s philosophy of investing regularly over time in well-managed companies through dollar-cost averaging. They benefit from the philosophy of investing regularly, reinvesting earnings, investing in proven growth companies, and diversifying risk. Their first investment was McDonald's, at the time, a company with proven results. Using the NAIC stock study tools, their portfolio grew as they researched other stocks of small, medium, and large companies. Today their investment portfolio consists of 18 stocks and total securities and cash accounts are over $260,000. Their best-performing stocks include Apple, Home Depot, Norfolk Southern, Dollar Tree, McDonald's, PepsiCo, and Walmart.