2020
We held 8 classes and one panel discussion. The first 2 classes were held in the Carlsbad Library and were not recorded. There were 5 classes and 1 panel discussion held on Zoom. The 5 classes were recorded and can be viewed using the links below.
Curriculum
| 1. | Jan. 18 | Introduction (Part 1) |
| Covers important principles of effective investing | ||
| 2. | Feb. 15 | Introduction (Part 2) |
| Covers additional important principles of effective investing | ||
| March 21 POSTPONED! | Stock Selection Methodologies | |
| 3. | April 18 | Panel Discussion |
| Our instructors answered student questions about investing. | ||
| 4. | May 16 | Factor and Momentum Investing |
| We presented theory for selecting factors to identify mutual funds and ETFs to hold for passive investing. We also presented theory for using momentum investing with ETFS. | Recording You learned:Which factors have historically performed best in the marketHow to select factors to hold for a month at a time using momentumHow your computer can help you to manage your portfolio | ||
| 5. | June 20 | Bucket Investing |
| We presented a tool to use for asset allocation. This tool consists of buckets. Each bucket has investments with varying levels of risk and return. | Recording You learned:How to have funds you can count on for short term expenditure needs while investing other funds for growth How to determine how much to have in cash and how much in various other types of assets such as bonds or stocks How to reallocate among your buckets after you have made withdrawals over a period of time | ||
| 6. | July 18 | Option Trading |
| Ryan McKeon, Professor of Finance at the University of San Diego, explained how options trading can be beneficial to you. | Recording You learned:What puts and calls are How to profit from writing covered calls against the stocks you own How to profit from writing covered puts against cash you have on hand How options can actually reduce your investment risk | ||
| 7. | Aug. 15 | How to Write an Investment Plan and How to Manage Your Money in Retirement |
| We showed how a properly written investment plan can govern your spending and your investing. A well-written plan will keep you from investing emotionally. We also explained how to deal with financial issues in retirement. | Recording You learned: What needs to be in your investment plan Why the plan needs to be in writing How the plan protects you from doing impulsively stupid things How to determine when you can retire How to determine your withdrawal rate after you retire How to use your assets wisely in retirement How to ensure that your money OUTLIVES you | ||
| 8. | Sept. 19 | Stock Selection Methodologies and Measuring Real Return |
| We presented a variety of methods for picking stocks. | Recording You learned: What to look for in financial statements How to use fundamental analysis to value a stock How to establish sell criteria How to use screening tools on your computer to identify stocks meeting your criteria How to weigh growth against P/E ratios How to calculate inflation-adjusted return How to identify the proper benchmark for your portfolio |
2019
May 18, 2019: An update on what was taught in 2018 was presented. This included a summary of Muscular Portfolios by Brian Livingston.
September 28, 2019: We had a class on ETFs and Mutual Funds.
2018
Classes were aimed at you if:
- You have limited experience in investing
- You don’t feel confident about investing
- You know nothing about investing
- You now a little bit about investing but want to learn more
- You get nervous when your investments go down in value
- You do not need to be a member of AAII to attend this class
| March 24, 2018 | Introduction — Part 1 |
| April 28, 2018 | Introduction — Part 2 |
| May 26, 2018 | Bucket Investing |
| June 23, 2018 | Momentum Investing |
| July 28, 2018 | Shareholder Yield and allocatesmartly.com |
| August 25, 2018 | Junk Bonds and Risk Management |
| September 29, 2018 | Options |
| October 27, 2018 | Factor Diversification |
Reading assignment before 1st class:
Reading assignment before 2nd class (optional):
- Using a Simple Worksheet to Analyze a Stock (Need AAII membership to read this.)
- Quantitative Value by Wesley R. Gray and Tobias E. Carlisle