WSJ.com: Economy

Tuesday, December 1, 2009

AGENDA - December 15, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
December 15, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Guest Speaker Jorge Ramos, CFP, CLU, Certified Financial Educator
Customized Performance Benchmarking
Just because many of you are managing your own portfolios doesn't mean that they shouldn't be tracking their performance in relation to some benchmark. Using a generic, off-the-shelf benchmark may not accurately mirror their portfolio and therefore be a poor basis for comparison. I will show them how to design a benchmark that most closely resembles their investment portfolio.
4. Stock Review
A) Dollarama - Eckhard
B) Maple Leaf Foods – Volunteer Needed

5. Investopedia Tutorial – Short Selling – Luke

6. New business

Friday, November 20, 2009

Thursday, November 12, 2009

Agenda - November 17, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda November 17, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)
Room 301 (3rd floor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Guest Speaker - What to look for in Bonds - Patrick O'Toole (45min - 60 min)

3. Investment Tutorial – Short Selling - Luke

4. Stock Review - Maple Leaf Foods (TSX:MFI)

5. General Discussion

Thursday, October 22, 2009

Molson Coors NYSE:TAP Stock Review

Here is the Molson Coors (NYSE:TAP) stock review by our member Henry.

http://docs.google.com/Doc?docid=0AbM71-zIIL75ZG53OWhybV84ZjVicDNoZ2Q&hl=en

Wednesday, October 21, 2009

Stock Chase

During our meeting, Ellen mentioned a website which compiles reviews, tips and advise from financial analysts seen on public TV. Check it out here:

www.stockchase.com

Friday, October 9, 2009

Agenda - October 20, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
October 20, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)
Room 304 (3rd floor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Investment Simulation Challenge II – Luke

4. Stock Review
A) Research in Motion
B) Molson-Coors

5. Book Review -The Little Book that Builds Wealth” - Mary

6. New business

Wednesday, September 30, 2009

Investopedia Challenge Round Two

Here is the second round of ELLEN DEGENERATES SHARE CLUB Investment Challenge.

For 6 months starting October 1, 2009 to April 20, 2010 players of the Ellen's investment club will be competing with each other with 1 million USD and CDN virtual principle respectively trading stocks and options on the Canadian and US markets.

Developing market awareness and understanding the fundamentals are crucial in winning this challenge. Good luck everyone.

Sign up with Investopedia and join the game here:

http://simulator.investopedia.com/Game/ListGames.aspx?type=Search&item=ELLEN%20DEGENERATES%20SHARE%20CLUB&sc=1&scur=Both

The password is

degenerates_MNJCC

Luke

Friday, September 25, 2009

List of Meeting for the 2009/2010 Session

As is our protocol we will hold the monthly meeting every third Tuesday of the month.

Meetings for 2009
September 15
October 20
November 17
December 15

Meetings for 2010
January 19
February 16
March 16
April 20
May 18
June 15

Start up date for the 2010/2011 session will be chosen at the June meeting.

Monday, September 14, 2009

Agenda - September 15, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
September 15, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Investment Simulation Challenge – Luke
4. Guest Speaker for September meeting – Cathy Patterson“Taxation for Investors” (Keeping more $$ in your Pocket)
5. How I $pent my $ummer Investing – An opportunity to hear from members on their investments over the summer.

6. Ellen’s Degenerates Blog Space

7. New business

Bio - Cathy Patterson - Taxation for Investors

“Taxation for Investors”

Featuring Cathy Patterson


Cathy is a Consultant with Investors Group Financial Services Inc. and has worked in the financial industry for over 25 years. Cathy takes a personal look at taxation with individual examples of how specific strategies have positioned individuals and families so they could achieve their goals and dreams by keeping more of their tax dollars in their pocket.

Cathy is a member of Circle of Harmony Chorus in Oakville and has competed in choruses both at regional and world championships. She has performed stand-up comedy on occasion including Yuk-Yuk’s and corporate events.

Her presentations are fun, interesting and informative, giving practical solutions for everyday situations.



Cathy Patterson, Consultant
Investors Group Financial Services Inc.
1020 – 1 City Centre Drive
Mississauga, ON L5B 1M2
Phone: 905-306-0039
cathy.patterson@investorsgroup.com

Wednesday, June 17, 2009

Presentation by Gaelen J. Morphet, CFA, June 16, 2009













Monday, June 1, 2009

STOCK BUYING REVIEW PROCESS





STOCK BUYING REVIEW PROCESS
Date: ____________________

Company ____________________________________________________Symbol___________________

Type of Business_______________________________________________________________________ _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

Price (52 week range) _________________________Dividend: Annual ___________Yield __________%

Market cap: <1b(small)>(Medium)_____________2B>(Large)__________________

Revenues (annual sales)______________________________Net Profits___________________________

Earnings per share over a 3-year period: 2008 ____________2007 ____________ 2006 ______________

P/E ratio _____________________________PEG (Price to Earnings Growth) _______________________

Debt/Equity Ratio ______________________________________________________________________

Your Target Price ______________________________________________________________________

Comparison to competitors ______________________________________________________________

Sector outlook _________________________________________________________________________

Objective for buying the stock: (long, med or short term hold – when to sell)______________________

What can go wrong? ____________________________________________________________________

Would you buy the stock at this price: ______________________________________________________

Recommendations: (is it good to buy?)_____________________________________________________

Resource Lists

ELLEN DEGENERATE’S SHARE CLUB
RESOURCE LIST
http://www.canadianmoneysaver.ca
http://www.Globeinvestor.com
http://www.Morningstar.ca
http://www.Investopedia.com



Book:
“Money for Nothing” Derek Foster
“Warren Buffett and the Interpretation of Financial Statements” Mary Buffett & David Clark

Wednesday, May 20, 2009

Minutes - May 19, 2009 Meeting

Ellen’s Degenerates Share Club
Minutes
May 19, 2009
Held at MNJCC (7:30 – 9:30 p.m.)


1. Several new members joined the Share Club
2. Administration
· Fee for room rental for the June 16 meeting has been sent in to MNJCC.
3. Luke presented current results of investment challenge simulation
4. Company / Fund reviewed at the meeting
· Activision
· ETF energy sector
5. Summer break - July and August. Meetings will resume in September
6. Starting in September Luke will be the treasurer
New Chair: Gordon
7. Membership fees will not be collected at the June meeting
8. Guest speaker invited by Ellen will present at the next meeting.
9. Mary will invite members of other share clubs to attend June meeting.
10. Last meeting before summer break:
Tuesday, June 16, 2009
7:30 – 9:30 p.m.
Miles Nadal Jewish Community Centre (2nd Floor)

Tuesday, May 19, 2009

Agenda - May 19, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
May 19, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Company reviews
a. Activision Blizzard Inc (ATVI – Nasdaq) - Luke
b. General Discussion on member’s research findings
i. ETFs – Energy sector (e.g. Horizons Beta Pro, ishares, claymore, XEG)
ii. ETFs – Corporate Bonds (e.g. ishares)

4. Investment Simulation Challenge – Luke

5. Guest Speaker for June meeting - Gaelen J. Morphet, CFA , First Vice President, Canadian Equities , CIBC Global Asset Management Inc

6. Assessment of previous reviews and how the companies are doing (Enbridge, Ritchie Brothers, Tech Cominco, Gildan activewear, CNR, Bombardier, Kinross, Coca Cola, North West Co., Encana)

7. New business

Tuesday, April 21, 2009

Agenda - April 21, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
April 21, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Company reviews
a) EnCana (ECA)- Meena
b) North West Co.(NWF.UN) – Mary

4. Investment Simulation Challenge – Luke

5. Buys & Sells – what you are buying selling or holding right now?

6. Assessment of previous reviews and how the companies are doing (Enbridge, Ritchie Brothers, Tech Cominco, Gildan activewear, CNR, Bombardier, Kinross, Coca Cola)

7. New business

Tuesday, March 17, 2009

Agenda - March 17, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
March 17, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Tax Free Savings Account (continue from last week’s discussion)

4. Feedback on Tycoon speaker meetings

5. Learnings:
a) PEG (Price/Earnings to Growth)
b) Debt/Equity Ratios
c) Sector Review: Gold/Silver

6. Company reviews
a) Coca Cola - Gina
b) Barrick Gold – Arina

7. Simulation Challenge – Luke

8. Buys & Sells – what you are buying selling or holding right now?

9. Assessment of previous reviews and how the companies are doing (Enbridge, Ritchie Brothers, Tech Cominco, Gildan activewear, CNR, Bombardier)
10. New business

Tuesday, February 17, 2009

Agenda - February 17, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
February 17, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)

1. Administration: Sign in and payment ($10)

2. Welcome New Members

3. Review Mission Statement and ideas submitted for future meetings

4. Review Template for Stock Review

5. Feedback on Tycoon speaker meetings

6. Company reviews
a) CN Rail – Fern to present
b) Bombardier – Mary to present

7. Tax Free Savings Account presentation by Gord

8. Buys & Sells – what you are buying selling or holding right now?

9. Assessment of previous reviews and how the companies are doing (Enbridge, Ritchie Brothers, Tech Cominco, Gildan activewear)
10. New business

Tuesday, January 13, 2009

Agenda - January 13, 2009

ELLEN’S DEGENERATES SHARE CLUB
Agenda
January 13, 2009
7:30 - 9:30 p.m.
Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)


1. Welcome New Members

2. Review previous minutes

3. Administration
a) Finances
b) Summer break
c) Update on Tycoon share club attendance

4. Template – stock reviews

5. ETFs overview presented by Ellen

6. Company reviews
a) Enbridge - everyone
b) Ritchie Brothers - Mark Segal

7. New business : Book Reviews, Guest speakers

Thursday, January 1, 2009

ELLEN DEGENERATES SHARE CLUB MISSION STATEMENT

We are committed to sharing information among all members, with the goal of working towards preserving capital, increasing the after tax returns of our individual portfolios.
We strive to strengthen our understanding of investing and gain hands-on experience in analyzing stocks and interpreting financial statements.