Forest City Women Investors (FCWI) recently celebrated their 40th anniversary as an investment club. The club began in October 1983 with 21 members, meeting monthly to study stocks to add to their portfolio. Two of the original founding members remain in the club: Carol Burress and Linda Mekelburg. FCWI now meets virtually on a monthly basis with 13 current members and has grown their portfolio significantly over the four decades of its existence.
Sheila Davis is the Co-Chair of the groups and explains the purpose behind the all-woman investing group.
Davis says that the women work together to grow portfolios, trust, and friendships.
The Forest City Women Investors (FCWI) investment club was recently presented with a Special Recognition certificate, having reached the distinction of being the longest running stock club in Iowa, meeting continuously for 40 years. The FCWI club continues to meet monthly to study stocks to add to their portfolio.
Davis feels that this is an excellent way to grow in friendships and financially.