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"Is there a simplified document out there that you use?"

You're not alone in your struggles in becoming comfortable with the Stock Selection Guide (SSG).

There is the "Stock Checklist" a simpler form also available through the NAIC. Personally I prefer the "Quick Analysis" my investment club uses, only as a start to decide whether further study using an SSG is warranted. It's simple to understand and takes about five to ten minutes, using a company's Value Line report to complete it. With a little experience, less than five will become the norm.

You can see this at the following link from our web site:

"Do you recommend continuing to use the SSG?

Yes most definitely! In fact our club will not accept a new stock proposal without a completed SSG. For an earlier post I've made on this subject, see the following link:

You'll find too that there's a lot of support for those interested in learning the SSG. Your local chapter of the NAIC probably offers classes in it's preparation. I highly recommend them.

Also there are regular articles in the NAIC's "Better Investing" magazine to help you further understand the SSG.

In addition the "i-club list," available through the NAIC web site link below, is a huge source of support for the beginner, as well as advanced user of this tool. Should you have questions relative to any thing having to do with running a club and managing your portfolio, you'll find the answers there. I highly recommend that you and your fellow club members take advantage of this resource.

Look at the first listing under "Community" on the left side of the screen.

Checkout and their new "Scorecard" which basically does the same thing as the "Quick Analysis," but it does leave a few things out. It's a fantastic tool for getting a first impression on any stock you might consider for purchase and among the strategies it tests for is the "NAIC's Established Growth Startegy."

See the following link:

Finally, another great source for getting a handle on prospective companies is found on the Microsoft Investor web site. You may have to download a small inconspicuous program, if you've never visited before, but it's "Stock Research Wizard" is also a great tool for selecting potential stocks.

Visit the following link to see it.

"Do you update your company SSGs every 3 months?

Again yes. As I wrote in my earlier post, linked above, we use the computerized version of the SSG and it's a fairly easy process to update the numbers periodically, usually after new earnings numbers have been released.

I'm sure you'll find these links useful to your club's needs. Don't give up on the SSG, it's worth the time and effort in learning it. You'll find over time that it's a valuable, method of evaluating companies and serves as an excellent basis for choosing potential stock candidates.

Good luck!

Founding Partner
Top 2 Investment Group
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