York Investment Club

Thursday, October 24th, 2002

Purpose Opportunity to invest in the equity markets Practical experience investing, with real money Gain communication and presentation skills Think critically and evaluate the potential

investment options Learn how to make money!!! Have Fun… this is not a lecture

Logistics

Meet once a month1st Investing Meeting – Oct. 31, 20022nd Investing Meeting – Nov. 27, 2002

• Four Additional Meetings in the Winter Semester

Logistics (continued)

Investing Meeting OutlineReview last month’s stock (performance,

major news, explanations)Vote on sell or hold last month’s stock If sell, vote to purchase new stock

Analysts

Analyst Teams1 Senior Analyst pairs with a Junior AnalystMay cover any sector, industry of your choicePresent to members your stock

Rationale supported with technical or fundamental analysis; field questions

Applications for analyst positions will be made available on October 31st (1st Investing Meeting)

Voting

Number of votes you have depends on much money you have invested Must invest at least

$50 = 1 vote Additional $50

increment is another vote

No one member may hold more than 25% of the votes

Any buy, hold or sell decision must be supported by a majority vote at an investing meeting

Portfolio

Current Value updated on the website regularly

http://yic.schulich.yorku.ca/

Very important to read YIC e-mails and check the website oftenUpcoming events, news and club

information are all on the website

In April, 2003

Money will be returned to all investing members +/- any capital gains/lossesA 10% stop loss is placed on every trade to

limit excessive lossesMembers may vote to not have stop loss in

volatile securities

Good luck everyone!