Freedom Investment Club
Last night I had the opportunity to attend a presentation in Calgary that was hosted by Mike Lathigee who is the chairman and CEO of a group called Freedom Investment Club Group.
I have been on their email list for over three years now. When I first heard of this group I felt the club was too new for me to invest in.
I do my best to follow Warren Buffett’s two rules for investing.
“Rule No. 1: Never lose money.
Rule No. 2: Never forget rule No. 1.”
Warren Buffett
FIC was established five years ago and has over 6000 members in Canada and the United States. (I believe Mike stated , 80 million under management) I felt it was now time to have a better look at this group.
FIC was recommended to me by T. Harv Eker with Peak Potentials(Secrets of the Millionaire Mind) as a group that had integrity and honesty with an average annual return of over 30%, Mike said last night the return was actually about 36%.
After listening to Mike, I was impressed with his knowledge and striaght talk, no B.S., the fact that what he said was in alignment with what I believe.
I decided to join the group and invest with them, I will let you know how this investment progresses.
This is a short excerpt from some FIC information:
The Freedom Investment Club (FIC) is a unique concept. We manage specific investment pools (referred to as the Club’s various” funds”), when offerings are open members are able to purchase shares in each of these funds. Members have the right to participate in meetings and votes related to that fund. Through the ongoing sale of shares in the various funds, proceeds are pooled and reinvested for the benefit of the shareholders members.
If you would like to go to FIC’s web site, it is at www.ficinvestors.com
Lee Stuckey
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