Tonight I hosted our 2nd official call and 8 out of the 10 students are on the line. We had a lot to cover so I jumped right into the market update. We went over the typical 5 data points: S&P 500 Index, Oil
Interest Rates, Dollar Index, and VIX.
Our 1st official call happens tonight. 9 out of the 10 students make the call tonight. So, that is encouraging. Tonight we struggled to get the students on the line. The homework I gave them was confusing. I asked them to listen to a replay of a recent investment call that my firm hosted. They had to dial in to a replay conference call number and were confusing that phone number with this one. We started late, but the students start texting each other to help get on the line.
As an investment advisor, I saw this as the perfect opportunity to start introducing investing to them. We started discussing stocks and they have been investing for the past 5 years. I didn’t want them to be discouraged early on, so I covered all of their losses. Soon enough, as they saw their account grow, I started to see the wheels turning.
This month we are participating in the 21 Days of Gratitude challenge. We will post a prompt or action each day that we will be completing as a team on our Facebook page. We invite you to join us this month as we reflect on what we are grateful for and spread thanks to those around us.
Personal growth is something that we’re always striving for at Weaver Consulting Group. To stay on a common path we like to understand what motivates one another. We’ve found that understanding our strengths, skills, and weaknesses helps our team to thrive when tackling new initiatives. We’ve used a book called the Color Code to help us with this task. Have you heard of it? It’s a book based upon a personality test that helps you to understand your motives. What color are you!? Try it out if you’d like!
The Weaver Economic Clock Diagram showcases the cycle of the market, and the emotions many of us feel along the way. Download below to see how we anticipate people’s reactions during changing market conditions.