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I N S I D E T H I S I S S U E :
PUGET SOUNDINGS
P u g e t S o u n d C h a p t e r - B e t t e r I n v e s t i n g
Puget Sound Chapter P.O. Box 2895
Issaquah, WA 98027 (206)935-0861
betterinvesting.org/Puget [email protected]
Winter 2016
Do you have family members or friends who could beneft from some financial planning and investing help? The Puget Sound Chapter is working with the Seattle Public Library to put on a series of classes during Money Smart Week, April 23-30. Once the schedule is finalized it will be published on our chapter web page, betterinvesting.org/puget, our Meetup site, meetup.com/BetterInvesting-Puget-Sound, or stay tuned to your email for the announcement of dates, times and topics.
We would love to see you at the events and strongly encourage you to invite your friends, co-workers and family to these classes.
Portfolio Contest
Winners 2
IEC Report 3
Mike Torbenson Wins
Blue Chip Award 4
Puget Sound Model
Club, Kitsap SIG 5
Chapter Contacts, Class
Information 6
Class Schedule &
Registration 7
2016 Alaska Cruise 8
Puget Soundings is the news-letter of the Puget
Investing. The chapter’s mission is to provide its members with investing education and club development information.
Circulation: 1600
Chris Kirsop , President [email protected]
Judy Hucka , Editor
Gary Ordway, Publisher [email protected]
President’s Message:
Thank You! And Please By Chris Kirsop
Editor’s note: Chris Kirsop was elected president of the Puget Sound Chapter board, effective Oct. 1, 2015. He succeeds Mike Torbenson.
Hello fellow BetterInvesting members, In my first President’s Message since be-ing elected to this position, I would like to take this opportunity to convey two mes-sages. The first message is intended to be a huge and public “thank you” to our chapter’s current and past volunteers, board mem-bers and officers. Before I became a mem-ber of the Board of Directors, I had no idea how much work goes on behind the scenes to keep our chapter healthy and functioning smoothly. We are truly fortu-nate to be the beneficiary of all of your efforts.
The second message is to everyone else who is a current member of our chapter. Please consider, and you don’t have to answer right now, contributing a small amount of your time as a volunteer with our chapter. Our chapter currently boasts a membership of 1,368 and of those, 21 of our members are now volunteering to varying degrees. That leaves a vast re-source still remaining that I would like to try and tap into over the course of the next several months. Most of us have more demands on our time than we are able to fit into our lives. I have no doubt that is the case with all of you. The Puget Sound Chapter could use your help at various times throughout the year but we will not be asking for a life-altering commitment. You can start small
(President continued on page 6)
Help Others Become ‘Money Smart’
P AGE 2 — PORTFOLIO CONTEST
2015 Club Portfolio Contest Winners The 2015 contest was a little different from past years, recognizing three clubs based on their performance over 5, 3
and 1 years. Winners were announced at the Investors Education Conference. First-place winner Forward Invest-
ments was profiled in this newsletter in Winter 2015. Returns cover one year ending within two weeks of 9/1/2015.
Place 5-Year 5-Yr IRR
3-Year 3-Yr IRR 1-Year 1-Yr IRR
1 Forward Investments 22.03 Pacific Investors 24.9 Midas Makers 16.55
2 Investment Disciples 20.8 Forward Investments 23.37 The C.L.I.C 16.1
3 The C.L.I.C. 19.9 Investment Disciples 20.4 Slough 15.4
4 Pacific Investors 19.2 The C.L.I.C. 19.1 Wmn Inv Team Seattle 14.5
5 Women Organizing Wealth 18.37 Midas Makers 18.29 Wmn Org Wealth 13
6 Poverty Bay 18.09 Slough 17.9 It’s-Our-Turn 11.8
7 Slough 17.7 Learn and Earn 17.07 Poverty Bay 10.79
8 Blue Chip 17.62 Women Organizing Wealth 16.62 Forward Investments 9.66
9 PSP 16.79 Blue Chip 15.76 PSP 7.8
10 Learn and Earn 16.28 Friday Depositors 15.6 Greenbills 7.3
11 Golden Years 15.79 Poverty Bay 15.46 Golden Years 7.29
12 Friday Depositors 15 Puyallup Experimental 14.4 Ladies Acq Fin Security 7
Holdings of the Top Three Clubs
Forward Investments Pacific Investors Midas Makers
Air Lease Corp. (AL) American Airlines Grp; Call Jan 17 30 Boeing Co. (BA)
Buffalo Wild Wings (BWLD) Amira Nature Foods; Call Feb 16 5 Berkshire Hathaway (BRK. B)
Costco (COST) Centurylink Inc; Call Jan 16 28 Costco (COST)
Cognizant Tech (CTSH) Chicago Bridge & Iron NV; Call Jan 16 Dollar Tree Inc. (DLTR)
Echo Global Logistics (ECHO) Cummins Engines; Call Jan 16 100 DSW Inc. (DSW)
Gilead Sciences Inc. (GILD) Delta Airlines Inc; Call Jan 16 35 Corning Inc. (GLW)
GoPro Inc. A (GPRO) Encore Capital; Call Mar 16 30 Johnson & Johnson (JNJ)
LKQ Corp. (LKQ) FedEx Corp; Call Jan 16 135 Mastercard Inc. (MA)
Paycheck (PAYX) General Motors; Call Jan 17 25 Microsoft (MSFT)
ResMed Inc. (RMD) Gilead Science; Call Jan 16 75 Nexterra Energy (NEE)
Stericycle Inc. (SRCL) Johnson Controls Inc; Call Jan 16 35 Pepsico Inc. (PEP)
Under Armor Inc. (UA) LKQ CP; Cal Nov 15 22.5 Starbucks Corp. (SBUX)
Visa Inc. (V) Reliance Steel & Alum; Call Sep 15 45 Stryker Corp. (SYK)
Rowan Companies Inc; Call Jan 17 13 Visa Inc. (V)
Toyota Motor ADS; Call Jan 16 100
Triumph Group Inc; Call Dec 15 55
United Cont Hld; Call Jan 16 45
IEC REPORT — P AGE 3
Another Great IEC in 2015 The 2015 Investors Education Conference, held Nov. 6 and 7 at a new venue near Sea-Tac airport, was another huge success that garnered rave reviews. Here are some of the comments from participants: “It gets me re-motivated every year, just to be around others talking about investing.” “This conference is always so rejuvenating and I leave with more knowledge and understanding.” “Outstanding lectures and a diversity of investment topics means here is something for everyone.” “I can’t imagine how you can put on a conference of such outstanding value for only $95.” Thanks to the hardworking committee that organized the event: Bob Adams, CV Chung, Bruce Ellis, Diane Ellison, Jackie Hertel, Marisol Summers, Bev Tiedje and Mike Torbenson. Also a big thanks to our prime sponsor, Realty Income. Their lunchtime presentation on REITs received high praise from attendees. Longtime Puget Sound Chapter associate director and volunteer CV Chung was recognized for his service to the chap-ter and to the IEC. CV is the chapter’s “venue procurer extraordinaire.” He finds and reserves venues for all of the chapter’s activities — classes, the IEC, board meetings and other special meetings and events — and then negotiates contracts, arranges meals, room set-up and more. It is a big job that CV handles with incredible skill and grace.
New One-Day IEC for 2016 Save the Date: November 12
Your IEC committee has recom-mended and the Board has approved a new concept. We hold an Alaskan cruise every two years and this year’s cruise will be September 10-17. Since the Novem-ber IEC is held very shortly after the cruise, we’ve decided to try a ONE-DAY IEC on the years that there is a cruise and go back to our usual two-day event on the “off cruise” years. Our facilities volunteer has found the Coast Hotel in Bellevue to be the best choice this year and they can accommodate us on Saturday, No-vember 12. It will still be a jam- packed education day with six class hours and five classes each hour for a total of 30 hours with no duplica-tion. Instructors, class schedules, and that very important item, the cost, are yet to be worked out, but be assured it will be a value rich event.
Pictured above with chapter President Chris Kirsop are Bill and Kathy Ward of the Forward Investments club, first-place winner of the 2015 Club Portfolio Contest, with a five-year return of 22 percent. This is a family club, with three generations now participating. They have placed in the top three in the portfolio contest in each of the three years they have entered – 2nd in 2014 and 3rd in 2013. The club is based in the Tacoma area.
P AGE 4 — CHAPTER NEWS
The biggest and most important role of the Puget Sound Chapter is to provide quality education to its members. When a chapter finds a board member whose passion is both teaching and class development, it is doubly blessed. The Puget Sound is fortunate to have found such a person in Mike Torbenson, who has been honored with the Blue Chip Award for outstanding service to the chapter.
The previous year’s honoree, Bev Tie-dje, nominated Mike and presented him with the award at the chapter’s an-nual meeting in September 2015. Mike started teach-ing for our chapter in 2005 and joined
the board in 2007. Since then he has played an active role in all our education activities, ranging from core classes to our Investor Education Conference to free classes at the chapter’s annual planning meeting.
In 2010, Mike was elected vice president of education for chapter. In that role he redesigned and updated our core class materials, ensuring that what we teach is up to date and relevant. He not only worked on the quality and con-tent of our classes, he teaches many of them as well, in-cluding many IEC classes. His IEC tasks have also included determining which classes will be offered, finding teach-ers to teach them and scheduling them at the event – a huge job! In 2014, Mike served the same role for our first-ever cruise to Alaska, where he was instrumental in developing a set of 42 classes, 10 of which he also taught. Mike has also taken on club visits, often teaching our clas-ses as club classes. In October 2014, Mike was elected chapter president, and despite the many new tasks that role requires, he contin-ued to be actively involved in chapter education pro-grams.
This chapter has been extremely fortunate to have Mike
as a team member all these years, working tirelessly on
behalf of our members. Thank you Mike!
Outgoing President Mike Torbenson Honored with Blue Chip Award
Here’s a “2fer” loaded with rewards. This year’s BetterIn-vesting National Convention (BINC) will be held in Chantil-ly, Virginia, just outside Washington, D.C. Why not com-bine an outstanding educational opportunity with a chance to spend a few extra days and visit the nation’s capital? You can see where lawmakers decide how to spend your taxes, dozens of historical sites and museums, and the National Zoo to see the newest attraction, baby panda Bei Bei. BINC is a great place to increase your investing knowledge with friends old and new. This year’s BINC will offer more than 65 class sessions on a variety of topics for investors of all levels. The convention favorites are the panels of edu-cators sharing stock ideas. You will go home with new stocks to study. Enjoy meeting people from other chapters and getting to
know our National Better Investing staff. They are a friendly bunch who make a point of meeting personally with the attendees. Go to www.betterinvesting.org/biconvention for BINC de-tails and registration.
Check Out Bei Bei and BINC, May 19-22, Chantilly, VA
MODEL CLUB & SPECIAL INTEREST WORKSHOPS — PAGE 5
A model club attempts to “model” a well-run invest-ment partnership. Employing BetterInvesting best practices, the club members (partners) invest real money. The Puget Sound Model Investment Club (PSMIC) is about three years old and has approxi-mately $7,000 invested in eight stocks. The club usually meets on the third Thursday of each month from 7-8:30 p.m. Most meetings are held online. This makes it possible for a diverse group of partners to meet no matter where they are as long as they have a high speed Internet connection. The club also meets in person four times a year. Visitors are encouraged to join us to observe a
“typical” club as long as they don’t interrupt the meeting. We address visitor questions at the end of the meeting or through email. Some visitors simply want to learn more about how a club operates. Some may be inspired to start their own club. Those al-ready in a club can learn different methods. Several PSMIC partners are BetterInvesting volun-teers with extensive investment club experience. Each meeting includes either an industry study, an educational segment or other learning experience. See schedule below for upcoming meetings. Look for links in our monthly email newsletter to register for the online meetings.
Check Out the Puget Sound Model Club
2016 Model Club Meeting Schedule We welcome BI members and the public to observe meeting operations, stock studies and investment decisions.
Thursday, February 18, 7-8:30 p.m. Online Only Thursday, March 18, 7-8:30 p.m. Online Only Thursday, April 21, 7-8:30 p.m. Mercer Island Community Center 8236 SE 24th St, Mercer Island, WA 98040 or online
May: No meeting (Many of the model club members will be attending the BetterInvesting National Convention.)
Thursday, June 16, 7-8:30 p.m. Online Only Thursday, July 21, 7-8:30 p.m. Online Only Find links for online meetings here:
www.betterinvesting.org/puget
Join us on Meetup:
www.meetup.com/betterinvesting-Puget-Sound
The Kitsap Special Interest Group meets the second Monday of each month, September through May, from 12:30 to 3:30 p.m.at the Sheridan Park Commu-nity Center’s Conference Room, 680 Lebo Blvd. Bremerton. Coordinator is Don Brown: 360-692-2651, [email protected]
Jan. 11: BetterInvesting First Cut stock study reports
Feb. 8: Portfolio and stock charts
March 14: Take Stock analysis on Stock Central website
April 11: Google Finance website features
May 9: InvestED Inc website features
There is no charge for these meetings. We have wireless network access; Feel free to bring your laptop or tablet.
Kitsap Special Interest Workshops
Before registering, consult the PSC website to see if the
http://pscbetterinvesting.eventbrite.com
received prior to attending the class. Please register early.
registered
If you want to take your chances showing up to register at
. To request disability accommodations, call the Hotline in advance.
Take the mystery out of investing in stocks. Learn to build your own portfolio and increase your personal wealth. You will learn how to recognize high-quality growth stocks and how to buy them at the right price us-ing BI's Stock Selection Guide (SSG). Learn about income statements and pre-tax profit margins. SSG Judgment — Core Class II: Now that you under
guidelines for making SSG judgment decisions. Students
exercise. Portfolio Management — Core Class III: Topics include pechnique (PERT), and when to sell.
CLASS DESCRIPTIONS
P AGE 6 —CLASS I NFORMATION & REGISTRATION
and leave it at that if you would like to. Or bask in the warmth of the ever-increasing appreciation you will re-ceive for your efforts if you choose to expand your role. If the remaining 1,347 members of our chapter were to be able to volunteer just five hours per year, that would be the equivalent of 168 full-time work weeks. Think of what your Puget Sound Chapter could do to fur-ther the mission and the principles of BetterInvesting with that kind of support. So, please consider leaving yourselves open to the possibility of helping your chapter in some way. We will work on presenting you with some opportunities to do so in the coming months.
(President continued from page 1)
Puget Sound Chapter Classes
REGISTRATION POLICIES Advanced registration and payment required. Class Information Hotline: 206-935-0861
Key Chapter Contacts
Chapter email, for any questions about the chap-ter and services for clubs, including club visits: [email protected] Chapter website: betterinvesting.org/puget Chapter events. Follow us on meetup.com to stay informed about chapter events:
meetup.com/BetterInvesting-Puget-Sound
Register for chapter events on Eventbrite:
pscbetterinvesting.eventbrite.com
PAGE 7 — CLASS SCHEDULE AND REGISTRATION FORM
Register and pay online at: pugetsoundbi.org (select Calendar)
Make check to PSC-NAIC Mail your check and this registration section to: Total Enclosed: $ Betty Taylor, 31811 Pacific Hwy S, Ste B-364, Federal Way, WA 98003
ADVANCED REGISTRATION & PAYMENT REQUIRED — CLASS INFORMATION HOTLINE: (206) 935-0861
Name
Address
City Zip Telephone # ( )
Club Name BI Member # See address label on your BetterInvesting magazine. If not a BI member, write none.
Email Address: (Optional: To be used for class-related communications only.)
Introduction to BetterInvesting Methodology – Core Class I Saturday, 9 a.m.—3 p.m. Member $25 The Weatherly Inn, Tacoma March 5 Non-Member $50
https://psc-march-2016-tacoma-ssgintro.eventbrite.com Introduction to BetterInvesting Methodology — Core Class I Saturday, 9 a.m.—3 p.m. Member $25
Bellevue Coast Hotel March 12 Non-Member $50 https://psc-march-2016-bellevue-ssgintro.eventbrite.com
Stock Selection Guide (SSG) Judgment—Core Class II Saturday, 9 a.m.—3 p.m. Member $25 The Weatherly Inn, Tacoma April 2 Non-Member $50
https://psc-april-2016-tacoma-ssg-judgment.eventbrite.com Stock Selection Guide (SSG) Judgment—Core Class II Saturday, 9 a.m.—3 p.m. Member $25
Bellevue Coast Hotel April 9 Non-Member $50 https://psc-april-2016-bellevue-ssg-judgment.eventbrite.com
Portfolio Management—Core Class III Saturday, 9 a.m.—3 p.m. Member $25 Tacoma, The Weatherly Inn April 30 Non-Member $50
https://psc-april-2016-tacoma-pm.eventbrite.com Portfolio Management—Core Class III Saturday, 9 a.m.—3 p.m. Member $25
Coast Hotel, Bellevue May 14 Non-Member $50 https://psc-may-2016-bellevue-pm.eventbrite.com
Event Locations Directions
Bellevue Coast Hotel 625 116th Ave NE Bellevue, WA 98004
On I-405 freeway, exit on NE 8th Street (Exit 13 A). Drive east on NE 8th Street and turn right on 116th Avenue SE heading south. Drive 300 feet to Bellevue Coast Hotel on right. Go to front desk and ask for classroom.
Tacoma, The Weatherly Inn 6016 N Highlands Pkwy Tacoma, WA 98406
From Tacoma: On WA State Route 16, drive west, exit on 6th Ave (Exit 3). At the traffic lights, turn left on to 6th Avenue. Drive under WA State Route 16 and turn right at Pearl Street. Drive 0.6 mi heading north. Turn left at Highland Pkwy. The Weatherly Inn is situated almost at the intersection of Highland Pkwy and Pearl St. From Gig Harbor: On WA State Route 16, drive east, exit on Pearl St (Exit 3). At the traffic lights, turn right on to Pearl Street. Drive 0.7 mi heading north. Turn left at Highland Pkwy. The Weatherly Inn is situated almost at the intersection of Highland Pkwy and Pearl St.
Register and pay online at URLs listed below. If you need additional information, call the class hotline, (206) 935-0861, several days in advance.
BetterInvesting Puget Sound Chapter
P.O. Box 2895 Issaquah, WA 98027
Non-Profit Org. U.S. Postage
PAID Seattle, WA
Permit #4081
Reserve Now! BetterInvesting Alaska Cruise, Sept. 10-17 Round trip from Seattle, Holland America Line
Have you been thinking about BetterInvesting’s cruise to Alaska since it was first announced many months ago? 2016 is here and the cruise is only a few months away. The cruise is filling up so reserve your spot now. Join the Puget Sound Chapter for this seven-day roundtrip from Seattle to Alaska on the Holland America Line's won-derful Vista Class ship, the ms Westerdam. You'll be part of a group of fun-loving people sharing a common interest and have an opportunity to make new friends, one investor at a time. Classes are held during "at sea" days, leaving you plenty of time for sightseeing and excursions during port time. There will be a wide variety of classes to choose from, taught by nationally recognized instructors. Bring a friend, your spouse or your family – non-seminar participants are welcome to join us and they get a special dis-counted rate. We will make them feel especially welcome and there's plenty for them to do while you are in class. We hope you will join us!
Details, including pricing: http://www.BetterInvestingCruises.com Questions? Contact Amy Ross, 866-573-6351 or [email protected]