Winnipeg Free Press

Winnipeg Free Press (Newspaper) - September 8, 1997, Winnipeg, Manitoba Winnipeg free press september 1997 b4 Steve email monday business having fun at making Money investment clubs Appeal to people interested in Handson learning by Nona Pelletier forthe free press the number of investment clubs has of own dramatically in the past five Accord ing to the Canadian share owners which says there appears to be no end to the number of people interested in Handson a lot of people like the idea of an investment but investment clubs can have a Short life if they dont operate says John founder and president of the which has been going for about 10 no registry the association has Over with 10 to is per cent belonging to investment Bart says there Are about 440 members in Bart estimates there Are Between and investment clubs in there is no registry and the number is pretty he clubs that take a Getrich Quick Atti tude Are he says clubs with an educational focus last the i know of some clubs that have been around 20 and 30 when they take an educational focus to the the club continues to perform a worthwhile because theres always lots to if people have a those kinds of people just dont last in investment enthusiasm among the growing number of newly formed clubs is March formed by a group of 16 Winnipeg women in this is the second investment club for president Ellie her first club folded last after 14 she says it was but the members simply lost enthusiasm and she expects this club to last with the guidance of member Beverly an investment executive with brokerage Rosenblat says Mccaffrey does most of the research for the organizing guest speakers for its monthly meetings at Winnipeg charterhouse in like the Kijane of the Bro Jimmy Ellie Beverly Mccaffrey Are members of the March investments which was formed by 16 women last its simple to git slatted people wanting to form a dub share owners which can provide investment clubs with a Sample Constitution and a Sample providing at least five of the members Are also members of the members can take advantage of the brokerage fee to buy any of 43 Quality securities of predominantly Canadian corporations offered through the membership is a the association also has a web site at people can also write to the Canadian share owners association at 2 Carl ton Ontario mob Kersage Mccaffrey noting that women make up around 10 per cent of there int any shortage of women Only investment Bart says the Success of the beards Iown ladies from beards Ohio has a lot to do with the growing interest in investment they outperformed the 500 Bart adding that any club can be successful if they follow Basic rules of the share owners association has a Strong educational we teach individuals How to Tell great stocks from grief we do that by using something called the Stock selection he when you join you get Access to the there is also a which provides instruction on How to Complete the which is a single Sheet of he says the selection guide is a Doit yourself Way of selecting growth in share Price is grown by growth in which is grown by growth in he the guide helps you plot details of a company Revenue and if the lines Are Steep and straight you know you have a Quality growth Stock and everybody wants to own if the lines Arent Steep and straight then you look for another company to he says companies that pass the Revenue and earnings test Are Wor thy of further you then look at the company history of Price earnings ratio and then you compare the Market share Price with the average Price earnings ratio Over the past five he adding companies that outperform the share relative to the Are the ones Worth he says it int Ever too late to buy shares in Quality what is even More interesting is that Quality growth companies Are growth companies for along you never really have to be in a Rush to buy he suggests a company should be in business for five years before being he says it takes that Long to determine whether it is a Good you minimize your risk this look at Microsoft or Intel Treyve been performers Over the past 10 March investments Secretary Jimmy Silden says the club has a Strong educational focus and is somewhat cautious in the investments it if we had bought All the stocks Bev Mccaffrey suggested we would be Silden club members each made an initial investment of and contribute a the club has also attracted inter est from other women wanting to but the club has decided to limit the number to that the maximum we beyond that its hard to make she Bart says clubs with under 50 members Are exempt from Regula he describes Small invest ment clubs As private Mutual he Doest recommend investment clubs buy into Mutual there really int any Benefit in being in clubs and buying Mutual Bart suggesting clubs stick to buying direct investment in stocks and he says investment which Are members of the can buy shares through the association for a Flat fee of per March investments conducts All its transactions through paying an average brokerage fee of per Silden is Quick to Point out that the fee offers Good value for Given the personal advice and attention Mccaffrey contributes to the they share owners association dont come to the table and they dont do the she adding that she has Learned a great Deal about investing since the club was it has changed the Way i read business she its a terrific Way to business Calendar new motor veil cute july raw materials Price August thursday balance of second Quarter Friday producer Price August retail August tomorrow the Manitoba safety 700213 notre Dame offers the certified defensive Driver improvement instructor Register at fee the association of records managers and Winnipeg hosts a dinner meeting at 6 at the Winnipeg Squash Racquet quest speaker is Richard regional manager of the Federal records Centre in on sharing your passion for information for information Call fee members wednesday the women s Enterprise Cen tre presents a free series of videos on business topics begin Ning at 1245 main 240 Graham the topic today is planning your the promotional products association of Manitoba hosts a seminar with Tim Quinn on productivity turning buyers into clients and positioning your self As a professional from 8 to s at the hotel fort for information Call fee members Noii members Winnipeg chamber of com no erg hosts a breakfast with John ambassador and head of delegation of the euro Pean commission in from to 9 sixth floor 167 Lombard fee members Friday the Manitoba safety 700213 notre Dame offers the certified transportation of dangerous goods course with instructor Allan Doel Register at fee saturday Home based news hosts seminar for entre pre self employed contractors and Home based workers from 9 to 5 at place Louis fee members subscribers All others Call 8966901 for coming soon teen touch in partnership with the Winnipeg chamber of Commerce hosts a Kirkof f Lun Cheon to youth week 21 27 at Noou at the Royal fifth 83 Garry a sep at fee 137 for one adult and one the free press welcomes item for the Cale Darthey should include City internet service offers and Sites the free press charts the growth of entrepreneurial efforts in Manitoba with a list each week of new business company a s internet advertising services owner Jim Ignatovich address Corydon email business specializing in online internet advertising for any size a s is the Canadian representative for the National direct internet Yel Low pages online internet advertising makes web Sites and internet advertising affordable to even the smallest open for business says owner Jim it Levels the playing Field Between Small businesses and Large ones because advertisers pay for local Adver Tising and at the same time Are on the global Market through the Sig Natovich advertising costs As Little As 56 cents a which makes it afford Able for any Small using the internet to generate sales is a growing says the service we offer appeals to All Busi Nesses and whether you Are a Carpenter or any other Small people searching for services on the internet can Call up the National direct internet yellow pages and then Click on Manitoba to View the services each business listed has an advertisement about services and products started new business or opened new store the free press wants to hear from notices should identify the company description of the number of Startup Date and Telephone new business Telephone num Bers must be available through directory Send to Leesa free 1355 Mountain r3x 366 or fax accountants receive glowing reviews accountants received the top Marks for service performance and perceived value to Small businesses in a recent National study conducted by the management consulting firm of Hart the Toronto based firm said that in its annual Survey of 735 Canadian this own ers of firms with annual sales of less than million scored on a 10point satisfaction that compared to for Telephone and courier for for Trade associations and for the Survey also found that Small companies place a higher value on the services of accountants and Tele phone companies than on Banks couriers lawyers and Trade associations accountants have the Confidence of business owners and enjoy the strongest though Many owners Only see their accountant once a noted Hart associates president Douglas lessons can be Learned by Finan professional and business service companies from looking at How other unrelated businesses have succeeded with the increasingly important Small business Hart Mountain faxed to or ranking Here is How Canadian Small businesses ranted the service performance on a scale of various Banks and business services companies and value of organizations Here is now Canadian Small businesses ranked the various Banks and business services companies in terms of their perceived value to Small businesses ;