Part 2 of An Investment Club History – Episode 428
This week, John describes how the lessons of his 32-year-old investment club can boost your stock market investing.
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He breaks down performance, member dynamics, and the practical rules that guide buy/sell decisions.
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Inside the Club Structure
We began in 1993 with seven members, including hospital doctors, VPs, an attorney, and an accountant. We established a $100 monthly contribution and officer roles from the outset. Over time, membership ebbed and flowed to a current 12; meetings moved from the hospital to an original member’s office; and technology (remote attendance, myICLUB accounting software, and Better Investing’s Stock Selection Guide) modernized operations.
The partnership agreement standardizes things like withdrawal timing and ownership percentages, so transitions and payouts are handled cleanly when people join, leave, or request cash.
Stock Market Investing Today as a Club
The Club’s edge has been methodical research and repeatable rules: use the Stock Selection Guide (SSG) and Value Line to screen for companies whose revenues and earnings have grown ~10% or more for 5 to 10 years and whose current P/E looks favorable versus historical/industry norms. We target meaningful position sizes (roughly 3–5% per new buy in a ~20-stock portfolio), keep holdings that meet the criteria, and sell only when an updated SSG or a better buy appears.
That discipline helped the club average roughly 10.5% annualized over ~32 years versus ~8.6% for the total market in the same period. That small outperformance compounds into large dollar differences over decades.
SUMMARY
John highlights how structure, patience, and disciplined research can turn decades of modest investing into meaningful long-term results. References and tools include BetterInvesting.org, Value Line, and the My iClub accounting platform. For questions or to share your own experience, email John at john.jurica.md@gmail.com
Links for today’s episode:
- Better Investing Web Site
- Learn About Investment Clubs
- Investment Club Accounting
- ValueLine Investment Survey
- IAS – Investor Advisory Services
- myICLUB Accounting Software
- BrinkerAdvisor
- The Nonclinical Career Academy
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*Disclaimers:
Many of the links that I refer you to, and that you’ll find in the show notes, are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you, that I have personally used or am very familiar with.
The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.
The information presented on this blog and related podcast is for entertainment and/or informational purposes only. It should not be construed as medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.
