Proposal: to run a share club, open to anyone owning UK quoted shares or interested in owning shares.
Objective: to swap ideas about shareholding and to improve our knowledge and skills in a sociable atmosphere. Mainly focussing on UK quoted shares, not funds or bonds.
DISCLAIMER: WE ARE NOT FINANCIAL ADVISERS. IF YOU REQUIRE FINANCIAL ADVICE YOU SHOULD GO TO A REGISTERED IFA.
Convenor: Edwina Currie Jones, MA., MSc. 01663 611239 email@example.com
Meeting: once a month (usually 4th Thursday) at the Old Hall Inn, Chinley, High Peak SK23 6EJ. A group of 4 – 10 people, having lunch in a private room. Advance booking essential.
Subscription: no sub, but the lunch bill to be split between all those attending.
How does it work?
We run a VIRTUAL PORTFOLIO on the Hargreaves Lansdown website. Maximum virtual investment £20,000. Copies will be available on the day.
The convenor will open with a brief overview of recent events which may affect the UK economy and our shareholdings, or which may offer pointers to future opportunities.
Members attending introduce themselves around the table.
Each month each member attending comes ready to talk about 3 items:
- Their recommendation for a purchase for the portfolio, with supporting information and background
- Their recommendation for a sale from the portfolio, with supporting information
- A personal story from their shareholding and investing experience – eg, your best result? Your worse result? What do you avoid? What you have learned from this?
Convenor will keep a list of recommendations for both sales and purchases. At the end of each meeting a vote by show of hands will decide which share to sell, which to purchase.
Recent copies of the Times and Telegraph Business News and magazine Investors’ Chronicle (published by the Financial Times) and other share newsletters will be available. These can be taken away by any member wishing to study them further.
2020 Spring/Summer dates: Thursdays Jan 30th, Feb 27th, March 19th, May 21st, June 25th
Time: from 12.30 pm Booking essential.