#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 specializing in 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.
Faith Investors Club is a limited partnership and a member of the NAIC, now Better Investing. The club meets monthly to discuss various companies (stock options) and determine if the club should invest/buy/sell stock.
They view the investment as a part of "stewardship," as a way to make the best use of resources entrusted to them. They adopted NAIC’s philosophy of investing regularly over time in well-managed companies through dollar-cost averaging. They benefit from the philosophy of investing regularly, reinvesting earnings, investing in proven growth companies, and diversifying risk. Their first investment was McDonald's, at the time, a company with proven results. Using the NAIC stock study tools, their portfolio grew as they researched other stocks of small, medium, and large companies. Today their investment portfolio consists of 18 stocks and total securities and cash accounts are over $260,000. Their best-performing stocks include Apple, Home Depot, Norfolk Southern, Dollar Tree, McDonald's, PepsiCo, and Walmart.
--
Try a 90-day Free Trial with BetterInvesting: https://bit.ly/BI90DayFreeTrial
Grab a copy of “The Baby Billionaire’s Guide to Investing: Building Wealth at an Early Age”
The hashtag for the podcast is #MyInvestingStory
Make sure to follow us on Social Media:
Facebook: @BetterInvestingSFL
Instagram: @BetterInvestingSFL
Linkedin: @BetterInvestingSouthFlorida
Twitter: @BI_SEFL
