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Ottawa ShareClub Meeting - Mar 11, 2014 - Leading Sectors, Dividends and Mutual Funds

posted Mar 4, 2014, 6:32 AM by Investor Tips   [ updated Mar 4, 2014, 6:37 AM ]
MEETING ANNOUNCEMENT— TUESDAY MARCH 11th, 7:00 PM at the Ottawa Citizen Building, 1101 Baxter Road - Conference room-main floor

The Ottawa ShareClub is a nonprofit organization which is dedicated to the sharing of financial knowledge. It is not an investment club.

At our up-coming meeting, you will connect with people who have similar interests who are willing to share their knowledge and experience. Join in, ask questions and participate!

The Markets: The opening of the meeting will summarize the current markets performance; provide an overview of stocks that have increased their dividends this quarter in percentage terms and stocks that have either lowered or suspended their dividends; a quick overview of the leading sectors in both the US and Canada and lastly, a look at the stock flavour of the day on both the US and Canadian exchanges.

The “ROUNDTABLE DISCUSSION TOPIC –MUTUAL FUNDS” will be led by Dave Audette. Total mutual fund holdingstopped one trillion dollars in Canada this year. A recent Morningstar Inc. report detailed that Canada has on average, the highest mutual fund fees in the world. So why invest in mutual funds? Why do so many Canadians invest in mutual funds? What are the benefits and what are the down sides to investing in mutual funds. Whether you are pro, against or neutral, pertaining to mutual fund investing, join us in what should be a very interesting and lively discussion!

Q & A SESSION

It has been suggested that time be put aside for an open forum discussion for questions of interest to you. Please send your questions for consideration and or inclusion in our next meeting to OttawaShareClub@gmail.com

Based on some of the questions that we have received already, this meeting is going to be quite lively and very interesting! One of the questions recently fielded is: I want to open a self- directed investing RRSP account. While I can’t afford to lose money, I would like to make more than what 5 year GICs pay.

I would prefer something that is low to medium risk and would earn 5% or better. What are the possibilities?

Bring a friend; bring your questions and opinions*. Take this opportunity to ask the membership! We look forward to seeing you on Tuesday March 11th.

*No pre-registration required. Entry is free for Ottawa Share Club members and $5 for non-members. Memberships are available at the door. Seasonal membership is $25.

If you have any questions, do not hesitate to contact us by email OttawaShareClub@gmail.com or Andre Albert at 613-741-2828.

More ShareClub info can be found here: Ottawa ShareClub