Cape Canaveral Chapter
PO Box 254186, Patrick AFB, FL 32925-4186

NAIC believes that new partners will benefit as a result of their participation in club meetings. Each partner, after training, will usually be assigned a stock to track and report his recommendations to the club on buying, holding, or selling. About once a year, after formal education, the club expects each partner to suggest a stock that the club might profitably own.

The club meets on the third Tuesday of every month, 1:30-3:30 in a meeting room at the Officers Club at Patrick Air Force Base. A standard agenda is used. The club meeting immediately follows the monthly TROA luncheon meeting.

The club expects each partner to attend most meetings.

There is a one time equity partnership fee of $2500 or a figure equal to the equity of each member (your choice) at the time of your first official club meeting. This equity will be used to purchase shares in the partnership.
There are no "dues." Monthly equity payment of $50 per member is due each meeting.
A fee of $14 is assessed once a year for a discounted subscription to Better Investing, the flagship NAIC publication.
There are $10 fees associated with each of two educational programs that new partners will be asked to take.
If a partner must resign, the club votes to give him back the current value of his shares in cash or in stock. During the 15 year history of the club, partners have always made money. But stock appreciation cannot be guaranteed!

The club pays for incidental administrative expenses out of club funds. The club votes on unusual expenses.

Decisions are made by the entire club at regular meetings.

The Presiding Partner chairs the meeting. There is a Financial Partner, who is Treasurer, a Recording Partner, who is Secretary, and three Directors.

All partners are "General" and therefore have equal votes. You Can't Buy Membership in the Investment Club! You become a partner through the vote of current members.