MacMoney Investment Club calls it quits after 18 years
by Sally Litchfield
August 21, 2013 12:28 AM | 1171 views | 0 0 comments | 18 18 recommendations | email to a friend | print
After 18 years, MacMoney Investment Club is cashing in the stock. Named for one of its charter members Marilyn MacIntyre Arce, members of the Marietta club believe it is one of the longest running investment clubs in the area. Broker Al Cass of Edward Jones advises the club.

Members made monthly contributions to the club. They initially contributed $30 per month and then raised their monthly contribution to $50 per month. When they accumulated enough money to invest they purchased stocks and made investment decisions by discussing what they had seen on CNBC and what they have read. A member of the National Association of Investment Clubs, the club ends with 16 members. At one time, it had as many as 20 members.

The club’s portfolio included investments in companies such as AFLAC, Coca Cola, Southern Company, General Electric, Home Depot, Johnson & Johnson, Wal-Mart, TJ Max and Microsoft.

The group is made up of many who attended or taught at Marietta High School. As a parting gift, the club sponsored a seat at the new MHS Performing Arts Center.

Members include Marilyn MacIntyre Arce, June Bentley, Claire Chilton Brogdon, Pat Chilton, Nan Durham (who died on July 3), Merrilyn Eastham, Beverly Jones, Cheryl Love, Sara Needs, Clare Nesmith, Betty Rambo, Jean Twilley Rhodie, Ginny Maude Schaefer, Jim Ann Stewart, Barbara Twilley, Gretchen Vaughan and June Vreeland.

***

Make your reservations for a Pink Ribbon Wine Tasting on Aug 28 at Marietta Wine Market. Wine tasting admission is free. Donations are appreciated as all proceeds benefit the American Cancer Society’s Pink Ribbon Golf Classic.

Visit www.marietta

winemarket.com or call (770) 919-1574 for more information.

Sally Litchfield is a longtime Marietta resident. She formerly practiced law in Marietta and now stays home to raise her two children. Send Sally news at sallylit@bellsouth.net. Call Sally at (770) 425-8106.
Comments
(0)
Comments-icon Post a Comment
No Comments Yet
*We welcome your comments on the stories and issues of the day and seek to provide a forum for the community to voice opinions. All comments are subject to moderator approval before being made visible on the website but are not edited. The use of profanity, obscene and vulgar language, hate speech, and racial slurs is strictly prohibited. Advertisements, promotions, and spam will also be rejected. Please read our terms of service for full guides