Happy Black History month to you all and a very Happy Manic Monday. It’s been a while since we last spoke, a few holidays fell on Mondays and I was ill last week and am finally back really on my feet. But let’s get down to the business of the club. Stocks have done quite well so far this year, and much of the upward push has come from positive earnings results from the many companies that have already reported this season. This afternoon, investors will hear from two more key players — Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Gilead Sciences (NASDAQ: GILD) — and what they have to say could have a dramatic impact on their entire industries and the stock market as a whole.
Hopefully this is just a reminder, because you all have paid your annual fee already, but annual contribution was due last Thursday. The total annual cost of only $25. As stated before these funds will go to the overall operation of the club in regards to administrative fees and tax preparation for the club on a yearly basis. If you have not yet paid the fee a email will be sent out to that effect urging you to please pay this fee ASAP so we can move on from this matter.
Return To The Market
Per the last update, Charles and I are still executing the strategy to return all of our working capital back to the financial markets so we can start gain new profits and strengthen our position in our new holdings. The process had been slowed by the arrival of earnings season which saw a lot of shares rise on either in estimates beat or just the potential of the business in the future. We will continue to work to gain the best value for our capital so we can maximize ROI as much as possible. If investment strategy do change and we think a pivot is necessary we will advise the club post haste. The last I reviewed we had returned about $12,500.00 back to the market which means we still have some maneuvering to do to get the full $50,000 back into the market.
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:
Investment Club for Stocks: https://join.slack.com/t/tcinvestmentclub/shared_invite/enQtNTE2MjUxNzY5NzYyLWZjMGI0MzA2MTA4Y2IyMGM1NzU2NjBkZTlhNGY4YmY2ZmZmNGQ1ZmE4YTIwZWVkN2VhNTczMjk0MmRmNzY0YTI
Investment Club for Real Estate: https://join.slack.com/t/todd-acquisitions/shared_invite/enQtNTE0MjQwNzc4Mjk0LTQzMWMyOTkxMGE5YzAwZWQ4OTk4OTA4ZDRmMGEzNjk0NjBmN2IyODZlMTMwZmE0ZjBkODRjNDdlZGVjNzYyOTg
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.
The cannabis sector is getting a lot of movement and dealing making, as you know I believe this sector is very much in its infancy. There is no track record of long standing success or the ability to produced profits or long term business operations. With that being said, I do believe their is profitability in the present with the excitement around the potential and what can happen with the relaxation of the Canadian regulations. The club has exposure to this sector already so I believe we are open to those profits. But also know some of you like myself still do additional investing on the side, so if even haven’t already gotten a position in this sector I highly recommend doing some research and doing so quickly. The excitement probably won’t last long and a lot of this evaluation are overblown so be very strategic where you place your finances if you do take a stab at this new sector.
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!!
Jamaal W Vetose
Todd Capital Investments