November 11, 2014 Presentation

posted Oct 2, 2014, 7:04 PM by Michael Muhle   [ updated Oct 2, 2014, 7:20 PM by B Szal ]

Managing Retirement Wealth

(Note: This meeting is a reschedule of the May 13, 2014 meeting which was cancelled due to air traffic shutdown at Chicago O'Hare) 

discussed by:

Julie Jason, Grant Investment Advisers, Inc

A real concern for investors approaching retirement is losing assets in volatile or down market periods, and as a result, having to either work longer or reduce lifestyles. Managing Retirement Wealth will help you anticipate market-moving events, graduate from random buying and selling and construct a goal-directed personal portfolio customized to service you and your family for a lifetime. Whether you're a novice or an experienced investor, you'll find resources, insights, and strategies here to make effective decisions upon which a sound financial future can be based.

Attend This Meeting and Learn:

  • How to construct a personal portfolio that will serve you and your family for a lifetime
  • How to establish an oversight system to make sure you stay on course
  • How to develop a sense of healthy skepticism to help you evaluate investment performance and advice

Reasons to Attend:

  • Meet Personal Portfolio Manager, award-winning author, and AAII contributor Julie Jason
  • Talk with Julie about how to manage your retirement wealth
  • Bring your financial questions to be answered by an expert

About Julie Jason:

Julie Jason, JD, LLM, is the author of six books including her latest, Managing Retirement Wealth: An Expert Guide to Personal Portfolio Management in Good Times and Bad, which won the 2012 EIFLE Award (Excellence in Financial Literacy Education), 2012 Axiom Business Book Award, and The National Best Books Award for Personal Finance. Julie’s award-winning weekly newspaper column is in its 15th year of publication and appears in 4 CT newspapers and was recently syndicated by King Features. More than 20 years ago, Julie co-founded Jackson, Grant Investment Advisers, Inc. of Stamford, CT, providing personal portfolio management services to a select high net worth clientele. Before that, she served as an assistant general counsel of a major broker-dealer, president of its managed futures subsidiary, and president of its trust company.


Time:

6:30 pm          Registration/Social/Refreshments

7:00 pm          Program Start

8:00 pm          Q & A


Registration Fee:

$20 for non-members

$15 for members with advance registration

Location:

Sosa Community Center

1414 Wirt Road

Houston, TX 77055

713-956-0881

Refreshments: Snacks will be provided

For More Info: www.aaii.com/localchapters

September 13, 2014 Presentation

posted Oct 2, 2014, 6:12 PM by Michael Muhle   [ updated Oct 2, 2014, 6:29 PM by B Szal ]

A Case for Index Fund Portfolios

discussed by:

Richard A. Ferri, CFA; Founder, Portfolio Solutions

The success of index investing in individual asset class categories has been widely documented, but surprisingly little research is available that compares the performance of diversified portfolios of index funds with portfolios of actively managed funds. A prudent mutual fund selection strategy is important to an investor’s wealth accumulation. Rick Ferri’s research is unique in comparing two distinct strategies: one that selects low-cost market-tracking index funds exclusively and a second that selects from actively managed funds that attempt to outperform the markets. He found overwhelming evidence in support of an all-index-fund strategy. The probability of outperformance using the simplest index fund portfolio starts in the 80th percentile and increases from there.

Attend This Meeting and Learn:

  • About portfolio design using index funds
  • How a portfolio of index funds outperforms active funds even more than on a single fund comparison basis
  • Why there is an extremely low chance of picking a portfolio of active funds that outperforms a portfolio of index funds

Reasons to Attend:

  • Chance to meet and hear a noted Boglehead founding member and commentator
  •  Learn how a portfolio of index funds might be best choice to meet your retirement goals
  •  Ask questions of a leading expert on index funds

About Richard A. Ferri, CFA:

Richard (Rick) Ferri is the founder of Portfolio Solutions. He is responsible for research and education and is also a member of the firm’s investment committee. Ferri has published extensively, including six books on low-cost investing using index funds and ETFs. Prior to entering the financial industry in 1988, Ferri was an officer in the Marine Corps where he flew fighter aircraft. He retired from the USMC reserves in 2001. You can learn more about Ferri and read his blog postings on low-cost investing strategies at www.RickFerri.com

Focus Presentation: Selecting Funds and Managing Your Portfolio with Fama-French Analysis

Walter Steets, one of our Chapter leaders, will discuss how to evaluate mutual funds and index funds to determine which funds to include in a portfolio. It will show how to use the freeware package R for your analysis.

 

Time:

8:30 am          Registration/Social/Refreshments

9:00 am          Focus Presentation

9:45 am          Break

10:00 am       Program Start

11:00 am       Q & A

 

Registration Fee: 

$20 for non-members

$15 for members with advance registration

Location:

Sosa Community Center

1414 Wirt Road

Houston, TX 77055

713-956-0881

Refreshments: Snacks will be provided

For More Info: www.aaii.com/localchapters

May 13, 2014 Presentation

posted Apr 2, 2014, 12:17 PM by Michael Muhle   [ updated Oct 2, 2014, 7:16 PM by B Szal ]

Managing Retirement Wealth

discussed by:

Julie Jason, Grant Investment Advisers, Inc.

(Cancelled due to Chicago O'Hare shutdown and flight cancellations)


March 8, 2014 Presentation

posted Apr 1, 2014, 7:12 PM by Michael Muhle   [ updated Apr 2, 2014, 1:05 PM by B Szal ]

DETERMINING A STOCK'S TRUE WORTH

discussed by:

Wayne A. Thorp, CFA, Vice President, Senior Financial Analyst, AAII; Editor, Computerized Investing

AAII has been developing and testing a variety of stock screens for over 10 years.  While many members follow these screens, a common question once they have their list of passing companies is “What now?” Using real-world examples and some of today’s most useful financial websites, Wayne will show you how to perform a step-by-step analysis of a company using popular online research and data sources to decide whether it’s right for your portfolio.

Attend This Meeting and Learn:


  • About the important factors that affect stock values
  • How to use fundamental tools in valuing a stock
  • Where to find the best stock information online

Reasons to Attend:

    • Get the fundamental tools you need to value a stock
    • Interact and share ideas with like-minded investors
    • Ask questions of an expert

    About Wayne A. Thorp, CFA:

    Wayne A. Thorp is a vice president at AAII and the editor of Computerized Investing, a newsletter considered to be the premier publication covering the use of personal computers for financial planning, investment analysis and portfolio management. As a financial columnist for AAII, Thorp has written a column for the AAII Journal on technical analysis as well as articles on stock screening and analysis. He also is product manager for the Stock Investor Pro computerized fundamental data and screening program and serves on the Stock Superstars Report (SSR) and Dividend Investing (DI) advisory committees Thorp is a graduate of DePaul University in Chicago, where he earned a bachelor’s degree in finance. He was awarded the Chartered Financial Analyst (CFA) designation in 2002. He has been with AAII since 1997. You can follow him on Twitter:@AAII_C.


    Focus Presentation: Beneficiary Designations for Retirement Plans


    Gus Bernard, our Chapter treasurer, and an estate planner and probate litigation attorney, will discuss required minimum distribution rules (“RMD”), the definition of “beneficiary” and some pros and cons of naming one’s estate or trust as a beneficiary.


    Time:

    8:30 am          Registration/Social/Refreshments

    9:00 am          Focus Presentation

    9:45 am          Break

    10:00 am       Program Start

    11:00 am       Q & A


    Registration Fee:

    $20 for non-members

    $15 for members with advance registration

    For More Info: www.aaii.com/localchapters

    January 14, 2014 Presentation

    posted Jan 17, 2014, 2:19 PM by Michael Muhle   [ updated Sep 11, 2016, 11:22 PM by B Szal ]

    Covered Call Writing to Generate Monthly Cash Flow

    discussed by:

    Alan Ellman, President, The Blue Collar Investor Corp

    In this presentation, Dr. Alan Ellman will lay out an easy-to-understand approach to mastering covered call writing. This is a strategy that combines both stock (buying) and option (selling) investing. It is geared to the average retail investor with the goal of taking control of your financial future by generating a monthly cash flow. This seminar will take the mystery out of an investment approach that the government deems so safe it allows you to use it in your self-directed IRA accounts.

    Attend This Meeting and Learn:

    • How to use fundamental and technical analysis as well as common sense principles to select the greatest covered call stock candidates
    • How to use the Ellman Calculator to make your stock and option selections
    • How to use a series of exit strategies to mitigate losses and maximize gains

    About Alan Allman:

    Dr. Alan Ellman is president of The Blue Collar Investor Corp. and has authored three books on the topic of covered call writing. He is a frequent guest on financial programs like Jordan Kimmel’s VoiceAmerica business radio program. Alan has presented live seminars for AAII, The Learning Annex and The Money Show and has authored over 300 financial articles on his website as well as for Seeking Alpha.

     

    Time:

    6:30 pm          Registration/Social/Refreshments

    7:00 pm          Program Start

    8:00 pm          Q & A

     

    Registration Fee:

    $20 for non-members

    $15 for members with advance registration

    Location:

    Sosa Community Center

    1414 Wirt Road

    Houston, TX 77055

    713-956-0881

     

    Refreshments: Snacks will be provided

    For More Info: www.aaii.com/localchapters

    September 10, 2013 Presentation

    posted Sep 12, 2013, 3:50 PM by Michael Muhle   [ updated Sep 12, 2013, 3:50 PM by B Szal ]

    BUILDING A MULTI-ASSET LOW-CORRELATION PORTFOLIO

    discussed by:

    Craig L. Israelsen, Ph. D., Associate Professor, Brigham Young University

    Using historical data, Israelsen examines the growth and loss potential of various portfolios during the build-up phase (prior to retirement) and the draw-down phase (post-retirement). The presentation evaluates the impact of rebalancing over multiple time periods and specifically examines the use of “alternative asset classes” in portfolio design. Israelsen also introduces the 7Twelve Portfolio, a multi-asset balanced model.

    Attend This Meeting and Learn:

    • The historical returns of major asset classes over the past 43 years
    • Strategies for portfolio rebalancing pre- and postretirement
    • How to implement the bucket approach

    About Craig L. Israelsen:

    Craig L. Israelsen spent 25 years teaching Family Finance at the university level (14 years at the University of Missouri–Columbia and nine years at Brigham Young University). He writes monthly for Financial Planning magazine and is the designer of the 7Twelve Portfolio (www.7TwelvePortfolio.com). His research has been cited in the AAII Journal, Christian Science Monitor, Wall Street Journal, Newsweek, Forbes, Smart Money Magazine, Kiplinger Retirement Report, Advisor Perspectives, Dow Jones Market Watch, Family Circle Magazine, and Bottom Line Personal.

     

    Time:

    6:30 pm          Registration/Social/Refreshments

    7:00 pm          Program Start

    8:00 pm          Q & A

     

    Registration Fee:

    $20 for non-members

    $15 for members with advance registration

    Location:

    Sosa Community Center

    1414 Wirt Road

    Houston, TX 77055

    713-956-0881

     

    Refreshments: Snacks will be provided

    For More Info: www.aaii.com/localchapters

    May 18, 2013 Presentation

    posted May 18, 2013, 6:59 PM by Michael Muhle   [ updated Sep 12, 2013, 3:53 PM by B Szal ]

    HOW TO GET THE HIGHEST RETURNS WITH THE LEAST EFFORT

    discussed by:

    Sheldon Jacobs, Author; Founder, The No-Load Fund Investor

    Sheldon Jacobs’ newsletter, The No-Load Fund Investor, was the No. 1 financial newsletter in America for risk-adjusted performance for 15 years ending June 2006 (source: Hulbert Financial Digest). Investor’s Business Daily calls Jacobs the “King of No-Loads,” and USA Today calls him the “Dean of the No-Load Fund Watchers.” In July of 1993, he was one of five nationally recognized mutual fund advisers chosen by The New York Times for a mutual fund portfolio competition. His portfolio produced the highest return of all contestants for almost seven years.

    Attend This Meeting and Learn:

    • Five “essentials” that investors need to concentrate on
    • Why specific security “recommendations” don’t make the five essentials
    • How to use the media to get the best advice

    About Sheldon Jacobs:

    In 1974, Sheldon Jacobs wrote the first book on investing in no-load mutual funds. In 1987, he co-founded The BJ Group, a registered investment advisory. He is a member of Bottom Line’s investment advisory panel and was a founding adviser to Charles Schwab’s financial advisory service board. His most recent book “Investing Without Wall Street” was published by John Wiley in 2012.

    Focus Presentation

    Review of ESPlanner software for financial planning presented by Mike Muhle.


    ESPlanner (Economic Security Planning, Inc.) is personal financial planning software that calculates your highest sustainable standard of living without taking on debt. It does this by applying economics to a wide range of personal financial inputs to achieve a personal lifetime financial plan that renders a stable standard of living through time via the concept of life cycle consumption smoothing. The idea is to avoid peaks and valleys in spending and saving over your lifetime. ESPlanner uses advanced mathematical techniques, including dynamic programming, to calculate the saving and life insurance needed to balance consuming in the present with consuming in the future. Households save more when they can and less when they can’t. Their saving, not their life style, adjusts to their economic circumstances

    A brief tutorial will be presented on the use of the software.  Both free and fee based versions of the program will be presented.


    Time:

    8:30 am          Registration/Social/Refreshments

    9:00 am          Focus Presentation

    9:45 am          Break

    10:00 am       Program Start

    11:00 am       Q & A

     

    Registration Fee: 

    $20 for non-members

    $15 for members with advance registration


    Location:

    Sosa Community Center

    1414 Wirt Road

    Houston, TX 77055

    713-956-0881

    Refreshments: Snacks will be provided

    For More Info: www.aaii.com/localchapters

    March 12, 2013 Presentation

    posted May 18, 2013, 6:39 PM by Michael Muhle   [ updated Sep 12, 2013, 3:55 PM by B Szal ]

    STRATEGIES FOR PURSUING YOUR RETIRMENT PAYCHECK

    discussed by:

    Christine Benz, Director of Personal Finance, Morningstar, Inc.

    Morningstar’s director of personal finance will discuss how the retirement landscape has changed over the last 30 years, and the challenges that current and future retirees face as a result. Challenges include the disappearing traditional pension, historically low interest rates, uncertain Social Security prospects, etc. Come hear a premier personal financial adviser share her recommendations on how to deal with these challenges by using the “bucket” approach to retirement portfolio planning. Then stick around while she takes your questions.

    Attend This Meeting and Learn:


    • The key ingredients for retiree portfolios today and why each is important
    • The advantages of the bucket approach to retirement income planning and how that approach addresses the key issues
    • How to implement the bucket approach

    About Christine Benz:

    Christine Benz is director of personal finance and senior columnist for Morningstar.com. She is the author of “30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances,” (Wiley, 2011) and a co-author of “Morningstar Guide to Mutual Funds: 5-Star Strategies for Success,” (Wiley, 2007) a national bestseller. Before assuming her current role, she served as Morningstar’s director of mutual fund analysis and editor of the Morningstar Mutual Funds newsletter.

     

    Time:

    6:30 pm          Registration/Social/Refreshments

    7:00 pm          Program Start

    8:00 pm          Q & A

     

    Registration Fee:

    $20 for non-members

    $15 for members with advance registration

    Location:

    Sosa Community Center

    1414 Wirt Road

    Houston, TX 77055

    713-956-0881

     

    Refreshments: Snacks will be provided

    For More Info: www.aaii.com/localchapters

     

    January 19, 2013 Presentation

    posted Feb 20, 2013, 6:44 PM by Michael Muhle   [ updated Sep 12, 2013, 3:57 PM by B Szal ]

    STRATEGIES TRACKING THE ALPHASECTORTM SERIES OF INDEXES

    discussed by:

    Jason Morton, Managing Director, Shamrock Asset Management

    Dennis Follmer, Senior Vice President, F-Squared

    The AlphaSector™ Premium index, managed by F-Squared Investments, has built a powerful long-term track record by utilizing a unique investment approach that seeks to avoid losses. This novel approach to the market has resulted in a rare double benefit: repeatable outperformance coupled with structurally lower market risk. Since its inception in April 2001, the index has outperformed the S&P 500 308% to 55% (outperformance of 6.1% per annum gross of fees), with a relative standard deviation 34% less than the S&P 500. F-Squared’s AlphaSector™ Premium index is an “active index” constructed from exchange-traded funds (ETFs) that track the primary sectors of the S&P 500 plus a short-term Treasury ETF.

    Attend This Meeting and Learn:

    • Details on how the AlphaSector™ index is constructed and tactical asset allocation decisions are made
    • How this active index performance compares to more conventional indexes

    About Jason Morton:

    Jason Morton is a managing director responsible for business development at Shamrock Asset Management and has over 17 years of experience in the industry. He received his BBA in finance and international business from Baylor University and is a CFA charter holder and CFP certificant.

    About Dennis Follmer:

    Dennis Follmer is a senior vice president of the fi rm and is a member of F-Squared’s investment committee. He earned a B.S. in finance from Miami University in Oxford, Ohio, and an MBA from the Sloan School of Management at MIT.

    Focus Presentation

    Book Report on “The 7 Most Important Equations for Your Retirement” discussed by Mike Muhle.

    The Judeo-Christian world has its 10 commandments. Newton has his three laws of motion. And now retirement has its seven equations. Actually, the world of retirement has had these equations for a while, in some cases for hundreds of years. But Moshe Milevsky, a York University professor, has put all these equations into one readable and highly accessible book, “The 7 Most Important Equations for Your Retirement.”

    Time:

    8:30 am          Registration/Social/Refreshments

    9:00 am          Focus Presentation

    9:45 am          Break

    10:00 am       Program Start

    11:00 am       Q & A

     

    Registration Fee: 

    $20 for non-members

    $15 for members with advance registration

    Location:



    University of Phoenix Westside Learning Center
    11451 Katy Freeway
    Houston, TX 77079
    713-465-9966

     

    Refreshments: Snacks will be provided

    For More Info: aaiichapter_houston@yahoo.com

    November 5, 2012 Presentation

    posted Feb 20, 2013, 2:42 PM by Michael Muhle   [ updated Sep 12, 2013, 3:56 PM by B Szal ]

    CURRENCIES: DIVERSIFICATION AND INFLATION HEDGE

    discussed by:

    Axel Merk, President, Chief Investment Officer, Merk Investments

    When traditional asset classes, like equities and fixed income, move in tandem, how do you protect against the downside? How do you fight the Inflation Boogeyman? Where do you find uncorrelated returns, low volatility and profit opportunities regardless of the market direction? What is happening with the U.S. dollar, the euro, yen and gold and how do they impact your portfolio? Axel Merk, the authority on currencies, will discuss the current macroeconomic forces driving global currencies and how the currency asset class may help provide diversification and inflation hedge.

    Attend This Meeting and Learn:

    • About portfolio benefits of the currency asset class
    • Macroeconomic forces driving currencies and other asset classes
    • How to protect your portfolio against inflation

    About Alex Merk:

    Axel Merk is the president and chief investment officer of Merk Investments and manager of the Merk Funds. An authority on currencies, he is a pioneer in the use of strategic currency investing to seek diversification. Axel Merk is a sought-after speaker and author on topics ranging from the economy, gold and currencies to sustainable wealth and personal finance, as well as a regular guest and contributor to the business media around the world. Merk, together with the Merk portfolio team, manages the Merk Hard, Asian and Absolute Return Currency funds, as well as the Merk Currency Enhanced U.S. Equity fund. He holds a B.A. in economics (magna cum laude) and a M.Sc. in computer science from Brown University.

     

    Time:

    6:30 pm          Registration/Social/Refreshments

    7:00 pm          Program Start

    8:00 pm          Q & A

     

    Registration Fee: 

    $20 for non-members

    $15 for members with advance registration


    Location:

    Sosa Community Center
    1414 Wirt Road
    Houston, TX 77055
    713-956-0881


    1-10 of 21