Oct 30, 2006 General meeting

October 30, 2006 OIG General Meeting

General members: 14
Board members: 4

9:10 PM Announcements- Danny
“Mutual Fund”
Personal Finance Planning Committee- looking for two general members

9: 12 PM Mutual Fund Presentation- Leslie
Diversification
Mutual Funds- A pool of money that is invested in various securities and
professionally managed by investment manager
80 million people invest in mutual funds
$6 trillion in assets
Like a stock, you get a share
Unlike a stock, you own only a fraction of a company
Why Mutual Funds?
- Affordable Risk Aversion
- Real growth
- Professional management
- Easy and low cost
- Liquidity
- Automatic investment
Portfolio Planning
www.americanfunds.com
The Magic of Compounding
- Reinvested dividends
- Exponential Growth
- Run hypotheticals
Mutual Fund Education Alliance www.mfea.com
9: 30 PM Q & A
9: 36 PM PFP (Personal Finance Planning Committee)
Two general members interested in assisting with PEP
Let Danny know by next Monday
9: 45 PM Announcements- Rochi
Starting Bloc – socially conscious individuals
Volunteer opportunities
Three conferences in spring in Boston
Application on www.startingbloc.org
Panel Announcement- Joanna
BMC alum Helen Q. coming to talk on Friday 4 PM, November 3, 2006
9: 50 PM Adjourn