Who decides what stocks or bonds to purchase?
Voting Procedure For Stock Purchases The President, Vice-President, Treasurer, Secretary or designated Partner, will post the applicable voting agenda for stock purchase on or about the 1st of each month, closing out the voting process with the agreement of the majority of the Club partnership. Once majority vote is reached, the execution of said results will occur immediately after the majority vote has been achieved. The stock with the most votes each month is the chosen purchase. However, any partner may resubmit a favorite stock the following month to the Club if they choose to do so. Heavy message thread involvement discussing your choices and supporting data will go a long way towards persuading others to see its potential value before voting. Recommended Requirements for Posting A Stock for Consideration. The following are suggested perimeters: a. Current P/E below 5 Year Historical Average P/E b. Good dividend record. c. Be a Growth Company: 5 Years of Rising EPS partnership. d
