BI > JUNE 2006

Guided by the Three E's

Millennium Millionaires Investment Club. Pictured are, front row, left to right: Peggy Gubb, Kathy Lemonedes and Carol Shaw. Second row: Sonia Price, Barb Kabzinski, Zora Smith, Hilda Boccuzzi, Patricia Lodgya, Nancy Egan and Peggy S. Jones. Third row: Carol Mueller, Kathie Sayers, Norma Pyle, Flo Pasquale, Jan Sobolak, Sue Gardner and Jackie Wolfe. Back row: Louise Antrella, Bobbie Ryan and Jan Niedemire. Not pictured: Mary Ann Milne, Fran Newman, Dorothy Krzesinski, Kathy Ostrom and Judy Cutler.

Our club was started in 2000 by a group of ladies enjoying their newfound lifestyles. We were all recently retired and wished to maintain our current lifestyle. We're originally from all over the United States and now live in a delightful, active retirement community.

More than half our 25 members have been with us since our inception. Every member participates in preparing reports and as a result has become familiar with the stock selection process. We use the BetterInvesting accounting system on our home computers, and two members track our transactions and keep the accounting up to date.

We currently have 13 stocks in our diversified portfolio. Stocks that have done particularly well for us in the past are Dell Inc., Harley-Davidson, Inc., Teva Pharmaceutical Industries and The St. Joe Company. A few have disappointed us, but we have learned from our mistakes.

Club members have a lot of fun as a group and are fortunate to live near the Gulf Coast. We visit restaurants and have social gatherings on the verandah of our country club. We invite guest speakers to enhance our meetings. Past speakers have included a local historian, a speaker from hospice and an author from our community.

Our club goals were determined by a theme of the "three E's":

• Education
• Enrichment (financial)
• Entertainment

We all agree that we're achieving our goals while making a lot of friends in the process.