Monday, March 26, 2007

March 26, 2007 - General Meeting

9:10 – Begin Meeting
How do you begin investing in stocks?
- we began by setting up an account with Scottrade
- you may need to mail in information

Is it good or bad to have a number of accounts open?
- having multiple credit cards help with your credit score as long as you keep paying and don’t accumulate debt
- but once you graduate you will have to pay banking fees

How can you find out about your credit score?
- creditreport.com – fill out your info and they can tell you what it is and also how to increase it
- if you owe a lot of money it reflects badly in your credit score
- also if you apply for a credit care and get rejected – bad

Why is it good to have a good credit score?
- when you are getting car or house of apartment
- anything above 720 is high

9:30 – Discussion of Wharton China Business Forum
- speakers were really good
- one of the biggest issues was about the huge fall in the Chinese stock market in February – not a reflection on Chinese economy
- organized by Wharton China Society – undergraduate club – really well orgranized – people from Carnegie Mellon and companies in New York and New Jersey came to network
- definitely recommend others to go to it – if you are interested in economics in China
- keep in mind though there are many good countries to invest in – China is just one of many

9:40 – Elections
Available Positions:
- Executive Director
- Bank Treasurer
- Portfolio Manager
- Secretary
- PR (Public Relations)

What’s to come in the next few weeks?
4/9 – Senior Panel – email June if you would like to have someone from a certain concentration representing
4/16 – John Griffith to speak about finance at Bryn Mawr
4/23 – End of the semester PARTY!