At the first meeting of Investment for 2016 we welcomed sixteen members. This included three new members of U3A Benalla, namely Geoff Bath, Stan Bellingham and Les Rodgers.
We started the meeting with a comparison of economic conditions as they are in 2016 as compared to 2014 and 2015, and then noted several major events which had happened to listed companies since our last meeting. The stock market had fallen 5.5% during January 2016 which is a substantial fall. However, we studied several upward trending shares which had gone against this dramatic decline in share prices.
We also looked at how Commsec was showing the reporting season this year on their website. Half year reports can explain sudden increases or decreases in individual shares and are worth following especially for stocks that you own.
The next meeting of Investment will be on Friday 4th March 2016 at 1.15pm in W4.
We started the meeting with a comparison of economic conditions as they are in 2016 as compared to 2014 and 2015, and then noted several major events which had happened to listed companies since our last meeting. The stock market had fallen 5.5% during January 2016 which is a substantial fall. However, we studied several upward trending shares which had gone against this dramatic decline in share prices.
We also looked at how Commsec was showing the reporting season this year on their website. Half year reports can explain sudden increases or decreases in individual shares and are worth following especially for stocks that you own.
The next meeting of Investment will be on Friday 4th March 2016 at 1.15pm in W4.
