#MyInvestingStory showcases the Investing Story of Successful Long-term Investors, who are everyday people. Ann and Ionnie McNeill, are both Lifetime Members and Volunteers of BetterInvesting, a non-profit focused on Investment Education for Individuals and Investment Clubs. Each week we interview a Special Guest, shining light on their investing story, lessons learned, words of wisdom and resources to aid you in starting your investing journey.
Progressive Investors was established in 1996 with 7 initial members as a registered partnership in the state of Virginia for long-term growth investment in the stock market and providing investment-related education for its members. The club has followed NAIC guidelines by investing regularly, reinvesting earnings, investing in growth stocks, and having a diversified portfolio. The club is going strong and has been successful over the years due to having dedicated members with an eagerness to learn, being flexible, and having a good fellowship at our meeting.
They are currently at 10 members that are split into 3 teams that do the stock studies and recommend buying, selling, holding, or further studying. They use the BetterInvesting website and SSGs to make their recommendations for stock purchases. New members come from acquaintances of our current membership, and they allow visitors who are interested in becoming potential members. Today, they have 23 companies in their portfolio.
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