Investing is the act of committing money or capital to an endeavor with the expectation of obtaining an additional income or profit. The goal of investing is to put your money to work in one or two more types of investment vehicles in the hopes of growing your finances over time. Here at Rocky Mountain College, the Investment Club is there to help students with investing needs.
Two year member of the club, Cameron Woods, encourages students to join because, “Students will learn about how general finance, accounting, and business concepts/practices, including economics, culminate to reflect a company’s stock performance, or lack thereof. Students will also learn how value is created within companies while reading and discussing our text: The Four Cornerstones of Corporate Finance.” The club approaches the subject of investing in a classroom manner by learning about the basics of investing money in the stock market.
To do this, the club has various strategies that accomplish different goals. Woods states, “We are taught and led by Chris Orms C.F.A (Chartered Financial Analyst), a financial advisor and CFO of a private oil company in Billings. We use a market analytic program, Thomson Reuters Eikon, to evaluate companies’ performance. This software program [Eikon] provides an extremely sophisticated analysis of ETFs (Exchange Traded Funds) and mutual funds allowing students to access anything from financial statements to customizable graphs and charts.” The club also plays a game in which they invest in a virtual stock market, and the winner receives a prize at the end of the semester.
The Investment Club meets on Mondays at 6:30 p.m. in the Woods Computer Lab. Anyone is free to join and Wood expresses that “If you have an interest in learning about stocks and the market, then joining the Investment Club will be a great decision!”