Dear I2EC/IEG member,

 
Our September monthly meeting will be held on Saturday (Sept. 22) from 10 am to 12:30 pm.at Tysons Regional Library. 

Lennie Ding , Speaker of our last monthly meeting, will continue to lead this month’s discussion.Our subjects are Self-directed IRAs, Mutual Funds, Managed Accounts and Hedge Funds

The following areas will be covered:

1)  How and when to establish self-directed IRA accounts , with which institutions, minimum requirements, rollovers, 10% penalty tax on early distribution, minimum required distribution (MRD) by age 70 1/5, and so on.
2) When and how to invest using mutual funds vs. ETFs, loaded and non-loaded funds, A-B-C shares, fee-based accounts
3) What is a managed account?  Who is qualified?  Minimum amount needed to open a managed account.  What are their benefits and are there obvious shortcomings?
4) A general introductory discussion on hedge funds — some common features.  Who are qualified and what are some of the risks. 

Also IEG investment return will be reported.

Come to join the discussion and bring your friends too.
Regards,
Mike