One
of the best things about my job is the people I get to interact with. Participating
in an investment club attracts people who have a do it yourself belief that
they can learn something new and be successful at it. They are the kind
of people who pitch in and get their hands dirty in all kinds of constructive
ways. Like a lot of people that do a lot of good in the world, they
are the ones we are happy to recognize and extend thanks to.
I
had the privilege of sharing our 10th birthday celebration dinner
with the Mankato Teachers Investment Club on Saturday
night. It was a real honor for bivio to be able to
contribute to acknowledging and celebrating the success they have achieved.
This club was started in 1967 by a group of school teachers. What is
impressive is not just the financial success they’ve had but also the
success of their lives. Financially, participating in their
club has meant that contributions that started at $10 per month grew to
individual accounts in the six figures. But being at dinner with
this group of friends, it was apparent to me how much more they’ve
gotten from their club experience than the financial gains.
They
are all retired now but are all still actively contributing to the world in a
variety of ways. With over 40 years of participation in the
stock market, they’ve overcome their fear of the bad days and
learned the value of patience and consistency. In a fast paced world
where you can be judged a failure if you do not achieve overnight success, it
is an inspiration to meet them and realize the rewards that come in life just
by hanging in there and not giving up.
I
hope the members of MANTIC will share their club and investing
experiences with their families and perhaps kindle a flame in the younger
generations to start like they did and stick with it.
Thank
you MANTIC for participating in our birthday contest and for your
hospitality. I appreciate the opportunity I had to spend some time with
you in Mankato Minnesota. It’s one of the special places in the United
States it’s great to discover and spend some time in.