As we discussed at the last meeting we have decided to charge $25 in fees/dues for the entire year that will help us cover things like software expenses, tax filing and regulatory expenses and also get you your Todd Capital T shirt (please send your size when you send the $25).
The group has been out of the market since the completion of 3rd quarter of 2018, since that’s when we return our first profit taking to our members. And because of that addition we missed a lot of the volatility that followed in the 4th quarter. But we weren’t sitting unproductively we decided on a new investment strategy, thought we wisely decided to wait to see how the year would end. But now after discussing it with the operations team I believe the time is NOW!!
Based off the results from the survey monkey poll done in November, will begin over the next 5-6 weeks to inch our way back into positions. With the volatility still present in the market I think it’s best to take our positions in $10,000 increments($2,000 in each position we agreed upon) in an effort to best gain an edge and most bang for our capital. Thought I don’t believe in trying to time the market I do believe in strategic slow position acquiring. You will be informer on a weekly basis of investment progress.
In addition, I believe we should get back to our monthly investment contribution as well. If you’ve been with us for a while now you know we have various tiers of monthly contributions. Whether you are a $100, $75, $50, or $25 monthly member, the position is to constantly have working capital for us to add to our existing positions once we have gotten our $50,000 back in the market.
As you all know we achieve a massive 47% ROI on our first investment cycle as a club. And I have ambitiously have set a goal of 60% this go around. And I feel like there is no reason if we are diligent our efforts that we can’t achieve this. We have set a great path thus far in terms of group-economics and I believe we are on more great things.
In addition to these weekly emails I would also like all of our members to be more active in our slack groups. This group is not merely a passive experience but a think tank to share ideas and gain other perspectives. Please use the slack links below:
This is just the chat thread so you can stay abreast of what is going on. You wont be actual RE Club members until you partner on a deal IF you decide to partner on a deal.
Information from this weekly email is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for analysis purposes only. Be sure to understand all risks involved with each strategy, before attempting to place any trade.
Per usual hope you all have a great and prosperous week and an even better investment week. Will talk to you soon!!