Posted in Proverbs 31 Woman
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Whew! I think this has been my longest blogging hiatus. Nothing catastrophic or monumental has kept me away; it's just been a matter of scheduling. I run an all-women, online investment company, and I've spent all my computer and reading time working on that. We just finished "Rule #1" by Phil Town. Amazing book for anyone even remotely interested in the stock market. Easy for even the novice to grasp and written in a conversational tone that keeps it flowing from the first to the last chapter. I didn't plan to make this entry anything more than a quick letter of explanation for my prolonging blogging absence, but now that I'm on the subject, this might be a great tip for other homeschooling moms! In the image of the Proverbs 31 woman, a group of 13 women in five different states, including little me here in New Jersey, formed an LLC and opened a private Yahoo message board to learn together and invest together. After a couple of months of talking, thinking and planning, we all met at the beginning of last August and drafted an Operating Agreement. Part of the agreement is that each of us sends our Treasurer $50 a month. We now have more than $4,000 to invest! All of us came into this knowing little to nothing about the stock market, but we each agreed to read a book, share what we learned and combine our efforts to dig out great companies at great prices. We use our combined financial resources to purchase stock. With the economy in a slump, this is a great time to buy companies that are on sale! Thirteen women began as stock market rookies, and almost a year later, we can talk shop with the big boys! What's more, we're making money for our families right from home, working at whatever time fits best into each of our unique schedules. As the net worth of our company grows, we hope to branch out in the next few years and explore other investment opportunities, like real estate, foreign markets, e-commerce, commodities, and maybe even a little venture capital (one day!). If anyone out there in the abyss of cyberspace would like more information on how we got started, send me a message. I'd be happy to share more about our experience. Now it's back to mommy world... |