"During a gold rush, sell shovels" (or invent and sell blue jeans)
This Friday, April 19th @ 2:00 at Liberty Center we will be discussing investing in the "Pick and shovel" aspect of Artificial Intelligence, better known as AI.
Please feel free to join us, bring a guest if you think they would be interested in the discussion.
See you all on Friday
A reminder that the general meeting this Thursday May 2 in the Delaware room is at 7:00 PM. Doors open at 6:30, as always please feel free to bring other residents of Sun City as a guest.
Our speaker will be Brian Adams, Principal Planner, City of Henderson, Community Development and Services. He will tell us about the planned land use and approved developments for the City of Henderson. His staff performs analysis of future projects and negotiates with developers to ensure the highest quality of development for the City.
This is all about us and how the city is developing around us. Come and listen and know what to expect.
Also, if you have NOT paid your 2024 dues please do so by this Thursday, by either dropping off a check at the general meeting, or dropping a check into our mail slot by the "activity Center" thank you
THIS IS YOUR INVITATION TO JOIN THE SCA FINANCIAL
STOCK DISCUSSION AND ETF DISCUSSION GROUPS
AND THE PLAN FOR BUILDING THE 2024 “SHOPPING LISTS”
The next Stock discussion group will meet on Friday April 18, @ 2:00pm at Liberty Center.
The next ETF group meets the Friday, April 26, 2:00pm at Liberty Center.
Last year in April, the stock discussion group created a “shopping List” of stocks we were interested in.
We created a list of growth stocks and another of dividend and growth stocks.
This year we will be building our “shopping list” at the January and February discussion meetings. All members of the SCA Financial club are invited to participate.
We created our lists on April 21 2023. (list with results are at the end of this email). Our portfolio returned 22.19% from that date. This beat both the Russell 1000, which returned 13.15% and the SP 500 which returned 15.31% (from April 21st) but did not beat the QQQ index which returned 29.35%
Our best performing stock was SMCI up 164.87% followed by PLTR up 110.67% and CRWD up 97.92%. worst was DGII down 20.02%
Of the 28 stocks on the list 20 finished in the black and 8 lost money
Our dividend oriented portfolio retuned 8.53% while the SCHD (Schwab div/income ETF) returned 4.06%; but the VIG (Van Guard div./income ETF) returned 8.78%. Our dividend yield was higher than both.
Of the 17 stocks on the list 12 finished in the black and 5 lost money
****returns are only price appreciation and do not include dividends*****
The plan for 2024:
In the coming months we will create a new list for 2024. You are all welcome to join us. These are discussion groups and the more voices and opinions the better the conversation, and better the resulting portfolios.
We will start in January by:
Current discussion groups members and new discussion group members, if you are coming to the January discussion meetings please be prepared to discuss which stocks we wish to remove and subsequently which sectors/industries we wish to explore investing into.
SCA Financial Club's next GENERAL MEETING of 2024 is on Thursday May 2, at 7:00 pm, in the Delaware Room. Our speaker will be Brian Adams, Principal Planner, City of Henderson, Community Development and Services. He will tell us about the planned land use and approved developments for the City of Henderson. His staff performs analysis of future projects and negotiates with developers to ensure the highest quality of development for the City
This meeting is also a great opportunity to bring guests and introduce them to our club.
If you haven't already paid your 2024 dues please bring cash or a check with you on the 1st. (Dues are $10 a year)
The beginning of the year is a perfect time to get your asset management documents and plans in order
2024 Meetings
Breakfast Meeting will be held May 8, at 9 am in the Liberty Center. The subject is investing in Energy.
Stock Meeting will be April 19 at 2 pm at Liberty Center. The topic for this meeting will be investment potential in the "pick and shovel" companies using AI. For more information contact Scott at scitron2@cox.net.
MF/ETF Meeting will be April26, 2 pm at Liberty Center. The subject will be ETFs that are at or near year highs that we have not been paying attention to. Look at some new names. When you have an ETF subject you would like to explore send your suggestion to scitron2@cox.net.
SCHEDULED MEETING TOPICS FOR 2024
The Financial Club has monthly meetings at Anthem Center in the Delaware Room. Meetings are held the first Thursday of each month. The times will be either 3 pm or 7 pm depending on the speaker we have that month. Not all speakers are available in the evening. The time of each month's meeting will be announced by email and in the Spirit Magazine and on the Financial Club website.
UPCOMING SPEAKERS
May 2 - Brian Adams, Principal Planner, City of Henderson, Community Development and Services. He will tell us about the planned land use and approved developments for the City of Henderson. His staff performs analysis of future projects and negotiates with developers to ensure the highest quality of development for the City.
RECENT SPEAKERS
April 4 - Andrew Muha retired from the Internal Revenue Service. He told us about his IRS experience auditing publicly traded companies, types of IRS enforcement, and the importance of privacy of information.
March 7 - Holly Sweetin, BSN, RN, CCRN - Interim Chief Nursing Officer, – She explained the major advantages of having a patient advocate and explained our rights as a patient. If you are hospitalized and unable to manage your financial assets for a period of time, it is important to have the best advocacy and know your rights to help expedite the management of your recovery.
February 1 - Theresa Le - Senior Trust Manager - She explained the major advantages of having a Trust and the roles of the parties to the Trust. If you have a Trust, it is a good time to learn the advantages of using a Bank or Trust Company as your successor-trustee to manage and administer the assets in your Trust when the need arises.
January 11 - Commissioner Michael Naft - he spoke on the big project Las Vegas is involved in and how they affect the financial health of the city and county. He spoke about F1 and lessons learned. He spoke on the upcoming high-speed rail planned to run between Las Vegas and Los Angeles.
December 7 – Chris Sotirov – Healthcare in Retirement - Chris will be discussing an important topic for us all, the cost of health care and long term care and how those can affect a comfortable retirement. He will also discuss what Medicare pays for and what it does not pay for. Be sure to attend this meeting.
November 2 -Howard Stutz - Award winning journalist of the Nevada Independent Howard writes about the casino gaming industry and tourism. He always has great insights into local events. He gave a very interesting talk about the major events that will be taking place in Las Vegas.
October 5 - Nevada Lt. Governor Stavros Anthony - As Nevada's 37th Lieutenant Governor, Stavros Anthony spoke about Nevada tourism, education, business and economic development initiatives, and a general overview of current government issues in Nevada.
September 7 - Dr. Pamela Donnelly - a college admissions specialist for over 20 year. She told us about the avenues of payment for higher education. If you missed the presentation, How to Fund a College Education, her slides are included in the Document list on the right side of the web page.
July 6 -Ira Adler - The Federal Reserve and Monetary Policy His talk will focuses on the structure and mission of the Federal Reserve and explain the current environment of high interest rates to fight inflation.
June 1 - Andrew Segal - Insurance Specialist with an emphasis on education.
April 26 - Keith Fitz-Gerald - founding Partner of Keith Fitz-Gerald Research and founder of One Bar Ahead.
April 6 - Chris and Di Wolfgram - Windemere Real Estate They previewed the 2023 real estate market forecast for Henderson.
March 2 - Jimmy Lee - Wealth Management - He appears regularly on CNBC, Fox Business, Yahoo Finance, and TD Ameritrade. He has been profiled and quoted in the Wall St. Journal, Marketwatch, and Bloomberg, Financial.
February 2 - Michelle Romero - Mayor of Henderson - She presented the current city status and her priorities for managing the city we live in.
January 5 - John Michel and Scott Citron - How to get the most out of the Financial Club
This website will list the speaker schedule for the remainder of the year as well as the agenda for the Special Interest Educatom Groups.
The boxes on the right are links and documents for several financial resources and topics of interest.
The tabs above provide links to information about the Financial Club including historical information.
We are a "For Information Only" Club
Your Investment Decisions Are Your Own