Seminar Number2009 Volunteer Training

Tools for Managing a 21st Century Club

For More Efficient Club Operations

By Kevin Gillogly

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Disclaimer

• The information in this presentation is for educational purposes only and is not intended to be a recommendation to purchase or sell any of the stocks, mutual funds, or other securities that may be referenced. The securities of companies referenced or featured in the seminar materials are for illustrative purposes only and are not to be considered endorsed or recommended for purchase or sale by BetterInvesting™ National Association of Investors Corporation (“BI”) or the National Investors Association, its volunteer advisory board (“BIVAB”). The views expressed are those of the instructors, commentators, guests and participants, as the case may be, and do not necessarily represent those of BetterInvesting™ or BIVAB. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

• Securities discussed may be held by the instructors in their own personal portfolios or in those of their clients. BI presenters and volunteers are held to a strict code of conduct that precludes benefiting financially from educational presentations or public activities via any BetterInvesting programs, events and/or educational sessions in which they participate. Any violation is strictly prohibited and should be reported to the President of BetterInvesting or the Manager of Volunteer Relations.

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Beyond the Club Operations Book

• Written in 2004• Good on the

basics• But …….

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

The Internet is THE 21st Century Investment Club Tool

• The power of the internet can help a club improve its operations

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Name the last Century?

• Hint: It’s not the 19th

• Still doing things with pen and paper?– Paper: invented by the Egyptians in

3500 BC– Ball point pen: invented in 1938 by

Hungarian journalist Laszlo Biro

• Answers found by “goggling”

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

“My interest is in the future because I am going to spend the rest of my life there.”

Charles F. Kettering (1876-1958)Inventor & Businessman

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

A 21st Century Outline

1. Tools2. Administration3. Recruitment4. Banking / Brokerage5. Education6. Stock Studies7. Portfolio Management

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Modern Equipment Assumed

• Laptop Computer• Email address• Internet Service Provider (ISP)

– Hard wired (DSL) or– Wireless Router

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Tools

• Flash Drives (21st) vs. Floppies (20th)

• USB Headphone w/ microphone & mute button

• iPod (mp3 player)• Web camera

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

More Modern Tools

• Digital Audio Recorder

• Projector• 4 Port Monitor

Switcher w/ triple shield cables & remote

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Cheap Alternatives to a Monitor

• Step-by-step instructions for doing the conversion– Can’t be analog TV

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Administration

Member Missing / Sick• Digital Audio Recorder• Have You Tried VoIP?

– Voice over Internet Provider– AKA Peer-to-peer (P2P) Phone Service– Can Do a Video Conference or Voice

Only– Providers

•Skype or ooVoo

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Video conference calls: Skype

• Phone over the internet for one or more people

• USB Headphone– w/ adjustable microphone – & a mute button

• Can do w/ or w/out a webcamera• Can record the phone call• Free to users if both have Skype

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Recruitment

Trouble finding new members?• Try Social Networking

– Facebook•started in a dorm room in 2004

– MySpace•started in 2003, now owned by News Corporation

– LinkedIn•Business Social Networking Site started in 2003

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Facebook (FB): A Modern Day Tupperware Party

Create an account for your club under “Groups”

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Promote Yourself viaClub Website

www.bivio.com/hdic

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Recruit via a Blog

• Neologism that combines web and log

Sun City Vistoso VIP Club

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Finance

• $till Writing Check$?– Last Century

• ACH (Automated Clearing House)• PayPal

– To a bank

• Electronic Deposits (from many)– TD Ameritrade– Scottrade

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

PayPal

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

More Pay Pal

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Electronic Deposits to Broker

Source: TD Ameritrade

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Bivio’s Account Sync

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Transparency from your Broker

• Trading Password vs. View Only Password

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Education

• Public Libraries• Webinars• Podcasts• BINC CDs & Audio Recordings• Other Clubs and Chapters

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Visit a 21stt century Library

• Might have Value Line, Morningstar and S&P online for FREE!

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Free Online Access to Research

• Look to see what else your library has

• Don’t have Value Line remote access? Bring your flash drive

• Look for audiobooks on investing

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

S&P Interactive Stock Reports

Source: S&P Net Advantage

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

What is a webinar?

• Neologism that combines the world wide web and seminar

• Webinar providers:– Go To Meeting (GTM)– WebEx– Microsoft Live Connect

• Cost for webinar; Free to visitors"Yesterday's neologisms, like yesterday's jargon, are often today's essential vocabulary." – Academic Instincts, 2001

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Been to the BI web site lately?

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Webinars for Stock Studies

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st CenturyStock To Study (STS)

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Webinars at ICLUBcentral

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Learning on the Go

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Webinars at bivio

Or just type in “webinar” in the search window (upper right)

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Club Café Webinars

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Webinars at Manifest Investing

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Manifest Investing Webinars

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

What is a podcast?

• Neologism that combines iPod and broadcasting

• Download and store audio files as .mp3 files

• Can listen to entire recorded audio and video programs on your computer through a mp3 player

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

iTunes Store: What is out there?

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Business / Investing Podcasts

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Morningstar Video

And it’s free!

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Other Interesting Programs

• Business Week– Investing with Gene Marcial

• Barron’s• Wise Investor Show

– Long-term value investor– www.thewiseinvestorgroup.com

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

BINC Audio Files

• Modern club education

• Presentation files from BINC

• Audio files from vendor

• Store one CD on computer & play the other in CD tray

Awaiting a screen capture of BINC Audio Files

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Learn From Other Interesting Club Sites

• Crow River Investment Club• Lunch Money Investment Club• Moose Pond Investors• #1 iclub site• #2 iclub siteGreat Chapter Site• BI’s Space Coast Chapter

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Updating / Doing SSGs

• Make learning a 21st Century tool

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

BI Online Stock Study

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

BI Online Stock Study

• Comparisons make for quicker reviews

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

BI Online Stock Study

•Can now export file to Stock Analyst or Toolkit

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

21st Century Portfolio Management

• Bivio– Portfolio Benchmarks– Investment Performance

• Myiclub– Portfolio Benchmarks– Watch Lists

• BI Portfolio Manager– Diversification by Sector and Size

• Manifest Investing– Dashboards

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Bivio For Portfolio Management

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Compare Yourself to Warren Buffett

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Challenge the Master

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Cool things for Myiclub users

Or create a calendar via Yahoo Groups or Google Groups

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Myiclub’s Watch List

Create a “watch list” on Yahoo or Google Groups instead

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Myiclub’s Portfolio Reports

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Are you meeting diversification goals?

Source: BI Portfolio Manager

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Set Up Portfolio Goals

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

How Are We Doing?

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Manifest’s Dashboards

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Experiment

• Not all tools are for every club

• Select a few• Don’t let fear of

failing creep in

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Don’t Forget Why We Joined a Club

• Make Money• Learn more

about investing

• Great social outlet

• Have fun

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Make A Difference In Someone’s Life

If you have benefited fromBETTERINVESTING,

Please pick up someBETTERINVESTING

materialsand introduce others to this

opportunity.

BETTERINVESTING NATIONAL CONVENTION 2009 Volunteer Training

Questions?

Please fill out your evaluation form

Seminar ID: Track Code # and name

and turn it in immediately the last Volunteer Training Session