InvestEd 2011: Curriculum, Curriculum, Curriculum
January 2011 Webinar: Stock Up - Veterans Share Their Secrets
The Scoop on P/Es
San Diego CA, May 13-15, 2011
Marriott Mission Valley Hotel
Crystal Balls Don't Work. Education Does.
"I met my match at InvestEd, a national investor education conference that challenged my notion that I knew a lot about investing. What impressed me the most was the opportunity to meet one-on-one with the instructors. They live and breathe the markets; they are fundamentalists, they are technicians, they are analysts, they are educators."
- Sheryl Sostarich, Minneapolis
Attend InvestEd 2011 in San Diego, California, on May 13 through 15, 2011, at the Marriott Mission Valley hotel. The celebrated national investor education conference is your road map to successful investing. You will increase your ability to be in command of your financial prosperity by learning to recognize undervalued quality growth stocks, judiciously administering your portfolio, and managing risk.
Curriculum, Curriculum, Curriculum
The InvestEd comprehensive curriculum has over 50 appealing sessions geared to every level of investing expertise: beginner, intermediate, advanced, and investor education leaders. Topics include stock study analysis, sell decisions, financial report analysis, Exchange-Traded Funds (ETFs), software, technical analysis, recruiting volunteers, and much more.
Attendees consistently use superlatives to praise the expertise and teaching skills of InvestEd's nationally renowned instructors and their presentations. In addition, these instructors are available outside the session rooms to answer your questions, discuss stock study candidates, and personally tutor you.
The highly-praised Newbie Program trains new investors and also serves as a refresher course to build confidence where needed. The Leadership Training program includes techniques that encourage attendees to nurture quality investor education programs throughout the country, relates cutting-edge computer techniques, and teaches management skills.
New InvestEd 2011 General Sessions Program Samples
The Whys of a Stock Study, Brian Altschul
Using Financial Statements to Uncover Problems, Dale Davis
Portfolio Tracker - When to Sell, Bob Adams
Investing for Income (Other Than in Bonds), Don Cassidy
Option Selling Strategies, Mary Ann Davis
Using Investor's Business Daily to Maximize Your Profits, Tim Reazor
New InvestEd 2011 Leadership Training Sessions Samples
Creating and Maintaining a Club Education Program, Saul Seinberg
The Inner Geek Looks at Technology for Leaders, Joe Craig
Avoiding Computer Nightmares, Brian White
OOPS! I Didn't Know I Needed to Save That, Pam Wilkes
InvestEd Program Features
The conference includes your choice of stimulating Educational Sessions, and a CD of session handouts with instructors' supplementary educational materials. Attend the General Sessions Program or choose to attend the Newbie Program. All registered attendees are welcome to participate in the Leadership Training Program at no additional cost.
Informative corporate presentations by quality companies supply ideas for stocks to study and comprehensive information about the companies.
Learn about, practice, and brainstorm resources for stock study analysis in the hands-on Computer Lab.
Relax in the entertaining and educational after-hours Cyber Cafe. Spontaneous mini-groups form to consult with instructors or experienced investors.
Enjoy five full meals (breakfast and lunch on Saturday and Sunday plus Saturday dinner).
Early Bird Registration Rate Ends February 28, 2011
Early Bird registration is $389 and ends in less than two months. Registration received after February 28th is $409. Full-time students with a valid school identification card pay $359.
You must register by February 28, 2011, to receive paper copies of session handouts. All attendees receive a CD of the handouts.
Register now and save!
$25 Rebate Referral Incentive
To receive a $25 referral rebate, attend InvestEd 2011 and bring a friend or family member who did not attend InvestEd 2010. After the 2011 conference, you will receive a $25 rebate for each person you refer. Both you and your referred person(s) must register and attend InvestEd 2011, and referrals must provide your name when registering.
The InvestEd experience is an extraordinary gift to give and to receive. Encourage your friends and family members to learn how to become knowledgeable investors, and gain satisfaction from doing a good deed as you rack up your rebates.
The InvestEd guest room rate at the Marriott Mission Valley hotel is a reasonable $115 plus tax per night for a single or double room in the InvestEd room block. All rooms have balconies or patios. Make your hotel reservations today.
Plan a Vacation
Extend your visit to San Diego and enjoy a unique vacation at a world-class destination. Explore the hotel's website for ideas, and review InvestEd's tourism suggestions for a wide choice of attractions. Go to the amazing Wild Animal Park Zoo, visit the Birch Aquarium, and eat fish tacos.
Meet-up with aspiring and experienced investors, and build your prospects for financial security. Join us for InvestEd 2011 in San Diego where we will build better futures together.
InvestEd is Investor Education at Its Best™
InvestEd Inc. Free Webinar
Stock Up: Veterans Share Their Secrets
Sunday, January 23, 2011, 9 PM -10:15 PM ET/6 PM -7:15 PM PT
Panelists: Brian Altschul and Saul Seinberg
Topics: Key Stock Study Parameters, Review of InvestEd 2010 Selections, Stocks to Consider
Free Webinar Registration
Brian Altschul and Saul Seinberg discuss the merits of potential investment candidate companies and focus on techniques they employ to differentiate suitable companies from those likely to result in poor investments. They describe their preferred methods of performing stock analysis studies and give advice for finding stock candidates in the current economic environment.
Brian and Saul are InvestEd instructors. Brian is secretary and Saul is vice-president of education for InvestEd Inc. The sessions they will present at InvestEd 2011 are listed and described in Educational Sessions under General Sessions and under Leadership Training. Both instructors will participate in two Stock Up panel discussions. In addition, Brian will teach a Newbie Program session.
Register Now. Space is limited.
Free Newsletter Subscriptions: Webinar News and Access to Recordings
As a newsletter subscriber, you are first to receive timely announcements about InvestEd Inc. webinar topics and dates. In addition, you have exclusive access to webinar recordings.
Every newsletter issue contains an investor education feature article, a technology segment, and InvestEd conference news. Encourage your investor friends to take advantage of the InvestEd Inc. free monthly newsletter perks. Please send them the subscription link: http://investor-education2011.org/Home/Signup.aspx.
The Scoop on P/Es
By Brian Altschul
As you work through your stock study, you come to one of the most confusing aspects of the study: selection of price-to-earnings (P/E) ratios. What high P/E and low P/E should you select? Seeing P/Es decreasing over the last 5-year period or even the last 10-year period is not uncommon. What decisions should you make in this situation?
P/E is price divided by earnings per share. Earnings per share is a company's after-tax profits. If the P/E ratio is declining, either the price is declining or the earnings per share is rising or both are occurring.
In the following example, you see the annual P/Es for PepsiCo Inc. (NYSE: PEP) mostly have been declining over the last 10 years. (Note: You have the option of choosing to use calendar year or fiscal year earnings for annual P/E calculations.)
For the most part, earnings growth over this period has been steady at around 11%. If earnings growth is steady, then the stock price must be declining relative to the earnings per share. That is the case in this example.
The 52-week high price of 68.11 is down 15% from the all-time high of 79.79 in 2008. Additionally, the high price has only increased 22.5% in the last 10 years, while the earnings have increased over 61%.
The difficulty comes when trying to estimate the high and low P/Es in Toolkit's Evaluating Price and Reward section 4 from the information you judged in the Price and Price/Earnings Ratio in section 3. These are very important decisions since they are half of the component of computing the high and low prices for the next 5 years and then determining if the current stock price is in your buy range.
The defaults are the 5-year Average P/Es, which for Pepsi are 21.5 for the high and 16.4 for the low. Both are much higher than the 2009 P/Es of 16.9 and 11.5. With trailing 12-quarter earnings of 4.04 per share and the 52-week high prices of 68.11 and 58.75, the resulting 52-week P/Es is 16.86 and 14.52.
Since the defaults are much higher than the P/Es over the last two years, does it make sense to use them? Looking at this another way, if you assume 11% earnings growth to continue for the next 5 years and use the last 5-year average P/Es, you will have a forecast high price of 146.20 and a forecast low price of 66.30. Both are unreasonably high.
Can you expect the current price of 64.64 to grow by more than 100% over the next 5 years when the price hasn't appreciated more than 25% over the last 10 years? Should you use a low price that is higher than the current price?
I believe you should not use these figures if you want a stock study that is meaningful. Therefore, you must temper your expectations of the P/E over the next 5 years, taking the decreasing P/Es into account, and lowering your selected P/Es in section 4.
Brian Altschul is an InvestEd instructor and secretary of InvestEd Inc. The sessions he will present are listed in Educational Sessions under General Sessions and Leadership Training.
LogMeIn: Access Your Computer from Anywhere
By Joe Craig
Have you ever needed to get access to your computer when you were not at home? Has your mother, brother, sister, or a friend ever asked you for help with a computer problem, but you don't live close enough for a personal visit? LogMeIn might be your solution.
LogMeIn Free (available at LogMeIn.com) is a free product and service that gives you remote control of your PC or Mac from any computer that has an Internet connection. Simply install LogMeIn on your computer (it takes about 2 minutes). Then you can log into your account from another computer and click to access your computer if it is connected to the Internet.
You will be able to see your desktop and be able to use all the applications on your computer, just as if you were sitting in front of it - even if you are across town, across the country, or across the world.
If your mother (or brother, sister, or anyone else) installs LogMeIn on a computer, then that person can "invite" you to connect to that computer in the same way. Assuming that the computer is turned on and has Internet access, you can then access that computer, install software, solve problems, do a little teaching, or provide other assistance (with a phone call for audio).
LogMeIn works with Windows PCs and Mac OS X, so everyone can play.
If you find that you need more capabilities, you can upgrade to LogMeIn Pro, which provides full remote access so you can transfer files between computers, print documents from your remote computer to a local printer, and share files with others. You can even play your remote music collection or view your remote photo collection on a local computer.
I've been using the free version of LogMeIn for several years, and it has been a life saver. It's also good for a laugh or two: My granddaughter was sitting in front of my computer at home once when I connected to it from afar to do some work. The report was that she ran to her mother shouting, "Mommy, Granddad's computer is haunted!"
Joe Craig is a vice-president of InvestEd Incorporated and an InvestEd instructor. The sessions he will present are listed in Educational Sessions under General Sessions and Leadership Training.
Questions? Contact InvestEd
Follow us on Facebook
InvestEd Inc., a 501(c)(3) non-profit corporation, produces the InvestEd conference.