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Special ReportĀ from Investment Group 1

24/11/2015

 
Our report this month is tinged with a note of sadness but more especially a feeling of pride that this dedicated group can boast of a great history of achievement and fellowship.

Nineteen years ago in 1996 before the Benalla U3A began, an enthusiastic group of like-minded people decided to form an Investment group to research and hone their skills studying the Australian share market.

It began its activities under the auspices of “The National Seniors” movement and met in the old Presbyterian Hall under the leadership of Mr Graham Mitchell. The group comprised 10 foundation members of whom 7 are still regularly in attendance at the meetings. Graham has continued in the role of convenor of the group for the entire period of 19 years and the numbers remain at 10 with the later addition of 2 new members.

At the commencement of activities the use of computers was not general within the group which depended on data gained from investment journals and other sources. Over the years members have become a highly skilled group using sophisticated computer programmes in their research. In more recent times the group has been regularly invited to be a contestant in the “Shares Race” competition under the name “U3A Benites” conducted by the Sunday Age newspaper enjoying and achieving some success by winning the competition on several occasions. At its most recent meeting we were pleased to welcome a visitor, who on one occasion ran 2nd to our group and travelled from Melbourne especially to meet our members.

The group believes its continued success can be attributed to the leadership of Graham Mitchell, A unique meeting format and good fellowship.

Unfortunately the Investment group has reached the stage when it must close down its activities owing to the seniority of most of the members who are in their 80s and 90s and one key member is moving from Benalla.

Happily the formal closure of our meetings will in no way change the bonds of friendship and fellowship so deeply forged over the last 19 years.
 
Picture

Investment Group 1 - one class to go, Angie's visit

6/11/2015

 

    About Investment Group 1

    A very popular group which operated for almost 20 years and had its final meeting in November 2015.   

    Meeting times

    Not operational in 2016 - if you are interested in the share market, refer to the Investment Group.

    Convenor and contact details

    Picture
    Graham Mitchell 5762 1972.

    Archives

    November 2015
    October 2015
    September 2015
    August 2015
    June 2015
    May 2015
    March 2015
    February 2015
    January 2015

We acknowledge the traditional owners of the land on which we meet and pay our respects to their elders - past, present and emerging.
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