Two cars, a house, college tuition for three kids. That’s how Mamie Cokley, 77, said she’s spent some of her share of the money her Detroit-based Triple T Investment Club has hauled in over the years. “Yes, it is amazing,” Mamie agreed.
Now retired, Mamie worked as a systems analyst for the government in the days before PCs. “We used to have big computers — we kicked them when they were broken, like pop machines,” she said, demonstrating her technique.
The Triple T club of Detroit began 50 years ago, but Mamie is a mere 45-year veteran. She and fellow club member Marilyn Lawson were at BetterInvesting’s recent Fourth Annual Holiday Open House at its Madison Heights, Mich., headquarters.
Marilyn and Mamie are longtime friends. Not only did Mamie bring her into the investment club six years, she also found Marilyn a husband. Triple T now boasts 10 members. Apple (AAPL) and General Electric (GE) are Mamie’s favorite stocks.
Marilyn and Mamie weren’t the only dedicated investment club members at the holiday mixer. The Oakland County, Mich., based Siren Investment Club was represented by president Patricia DiPasquale of Berkley and founding member and treasurer Maureen “Mo” Meadows of Birmingham.
The 14-member club was launched in 1990 by members of the Troy-Rochester Zonta Club, a professional women’s organization. “What’s interesting is that we have people of different backgrounds, reflecting the diversity of the Zonta Club,” Maureen said.
Guests at the BetterInvesting open house included Judy and Len Douglass of Grosse Ile, Mich., members of the Southeast Michigan Chapter. Len’s on the BetterInvesting Volunteer Advisory Board. Charles Bard, a director of the Northwest Buckeye Chapter, drove up from Maumee, Ohio, for the event.
(Photo from left to right, BetterInvesting CEO Kamie Zaracki, and Marilyn Lawson and Mamie Cokley of the Triple T Investment Club of Detroit.)
BetterInvesting is a national nonprofit organization that has been empowering individual investors since 1951. Founded in Detroit, the association (formerly known as National Association of Investors Corporation) was born out of the conviction that anyone can become a successful long-term investor by following commonsense investing practices. BetterInvesting has helped more than 5 million people become better, more informed investors by providing webinars, in-person events, easy-to-use online tools for analyzing stocks and mutual funds, a monthly magazine and a community of volunteers and like-minded investors. For more information about BetterInvesting, visit its website at http://www.betterinvesting.org/investing/landing/openhouse/blog/index.html or call toll free (877) 275-6242.
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