WSJ.com: Economy

Wednesday, October 20, 2010

Ellen's Investment Club Meeting Minutes Oct 19, 2010

Thank you for attending Ellen's Investment Club meeting on Oct 19, 2010.

* We reviewed the Emerging Market Index Funds iShares MSCI World Index Fund (TSE:XWD), iShares MSCI Emerging Markets Index Fund (TSE:XEM) and Claymore BRIC ETF (TSE:CBQ). While markets in developing countries certainly hold high growth potential and can diversify your portfolio, it is important to understand the added risks (i.e. geo-political as well as socio-economical).

* We talked briefly about the Volatility Index as part of our Investopedia topic of the month. The mantra: "When the VIX is high, it's time to buy. When the VIX is low, look out below!" may not always be true but one thing is for certain, the market sentiment is reflected in this index. You can read the full article here:

http://www.investopedia.com/articles/optioninvestor/09/implied-volatility-contrary-indicator.asp

*Just a reminder this quarter's Investopedia Challenge has begun. Please visit:

http://simulator.investopedia.com/Portfolio/?gameid=134469

The game's password is: ellen

We are reviewing a list of discount brokerage services in Canada for our next session which will be held on November 16, 2010 at 7:30pm in the Miles Nadal Jewish Community Centre (750 Spadina Ave).

All of our investment club meetings will be held on the third Tuesday of every month at the above location. I will send another reminder one week prior to this date.

We are also looking for volunteers to help run our club. Please email me (xglzhang@yahoo.com) if you are interested.

Tuesday, October 19, 2010

October 19, 2010 @ 7:30 - 9:30 p.m

ELLEN’S DEGENERATES SHARE CLUB AGENDA:


Miles Nadal Jewish Community Centre
750 Spadina Ave (southwest corner of Spadina & Bloor)
Room#: Please ask the front desk where the meeting is held

ITEM # TIME TOPIC DETAILS

7:30 PM: Sign in and payment ($10)

7:45 PM: Member stock purchase discussion

8:20 PM: Sector Review – Emerging Sector: iShares MSCI World Index Fund (XWD), iShares MSCI Emerging Markets Index Fund (XEM)

8:50 PM: Investopedia Topic of the Month: The Volatility Index: Reading Market Sentiment

9:00 PM: Open discussion

Luke Zhang