Join a productive investment group with interesting and positive people! Please READ CAREFULLY all the following information before you apply to this meetup group.
There are two main reasons people choose to invest in shares. Firstly, shares have the potential to increase in capital value over time. And secondly, shares can sometimes offer an income in the form of dividends.
Over the past fifteen years, the New Zealand share market has performed well against other asset classes as shown in the below graph. It is important to understand past performance is not an accurate guide to the future.
We meet once a month to pool the money and buy/sell shares. Our group mainly invests in the New Zealand stock exchange (NZX). It is a group of like-minded investors, whether novice or veteran, to share investment ideas and your industry knowledge. Our meetings are very social and are a great place to get together for a drink and some chat.
We meet once a month to: - discuss markets and which stock the group will buy or sell - share ideas and businesses you have been researching - analyse together annual reports from your favourite companies - enlighten the rest of us on an industry or specialised topic within your "circle of competence" - enjoy delicious food and have a jolly good time! ;)
Each member has his/her own personal investments. Our group is about having the chance to invest into something different, share the knowledge, save on transaction costs and make a return on investment. Each member invests $200 a month and as a group, we buy stock of one company per monthly meeting (minimum $1000). There is a minimum brokerage fee of $30 per transaction which is divided equally among the members.
Should one of the members wish to exit the investment, providing no other member wants to do the same, the member can exit at any time by selling his/her share of investment of a particular company. Brokerage fee in full will have to be covered by the member(s) wishing to exit.
All transactions and key points of the meeting discussions will be documented and openly shared among the members of the group.
Important notes: - past performance is not a guarantee of future returns. Before making any financial decisions, you may wish to seek independent financial advice. - no one, in whatever capacity, shall give any kind of investment advice or recommendations at our meetings. Nothing you hear at these meetings shall be taken as a financial or investment advice.
Whether you are interested in learning to trade or finding ways to invest your money in trading, a visit to this meetup is all you'll need to get started: beginner, intermediate and professional investors are all welcome. We'd like to keep the group small (up to 10 people).
We'll choose three new members according to the answers so be sure you have completed them all. Otherwise, we won't be able to take your application into account. If selected, we will share our answers with the other members as an introduction to the first meeting.
We look forward to reading your applications and meeting you soon!