I'm filty rich - as long as I continue to like beans and , more importantly, I don't live too long LOL

Interested in Vector Vest Club
 

Gene,

My husband and I attended the Orlando Vector Vest meeting but have been too busy trading to implement it.

We would very much like to be included in a Vector Vest club.

How about setting up a planning meeting to assign parameters and then seek members?

Deb

Is this an active thread?

I am looking for a group interesting in trading (swing, day) stock options. I don't know if that's something you'd be interested in doing. I use the thinkorswim platform and belong to a group that meets once a month in Orlando, but no one in the Villages seems to be interested in options trading.There are investment groups here, but seem to be interested in just going long on stocks.

The OBG investment club IS NO MORE. I was president when it folded.

The Double five Investment club meets on the second Monday at the Savannah Center starting at 8:00 AM. Visitors are welcome. A club using VV is interesting to me also.

Stock investing is my passion. I used to be a VV member, but found that a lot of their recommendations were "after the fact". They would list the searches that did the best after the market moved.

I have studied Elliott Wave, Chapman Wave, Fibonacci, Murrey Math, etc. but find the IBD method is currently my favorite. There is an IBD group in The Villages that I plan to join.

You might want to look into this group.

I'd like to see a revival of this thread...

I'm a novice but plan to learn some sort of trading...even considered day trading. Before you laugh too hard, I would not use any money I couldn't afford to lose...which wouldn't be much. ;^) But I just want to do it, kind of like a retirement hobby (that I would take very seriously).

I'd welcome any advice...books...software, etc. and would also love to learn about any clubs active in TV.

You might want to take up another hobby in TV :) There are tons of things to do!

Some points to consider:
- With high frequency trading and dark pools, the individual investor is at a huge disadvantage.
- Markets are fairly effecient and forward looking. The total return for any given year may only be determined by only 10 trading days.
- Over the 10 year period ending in 2011 about 53% of equity mutual funds closed the fund (due to lack of performance). It was worse for bond funds. About 80% to 85% of funds do not beat their benchmark over multi year periods. When you account for luck, there is little or no skill - net of fees.
- Just last year, over 600 hedge funds went out of business.
- Some good books to read would be:
- Anything by Larry Swedroe - he has around 14 books.
- William Bernstien - Investors Manifesto, 4 pillars of investing
- John C. Bogle - Common Sense Investing

Good luck. I hope you find a hobby that works for you.

If we weren't FILITHY RICH we wouldn't be living in The Villages.

If you'll that SMART why do you have to do it part-time?
What was your GPA?????:mademyday:

Now wait...I didn't say I was looking for a hobby. I have plenty of plans for using my time at TV. I just want to trade small time for fun also. :^)

And thanks for the info!