Monday, February 7, 2011

Profile Preview :: Kyle Lee, The Treasurer of Treasurer's



Next on the list is Kyle, one of Bethel's football sensations and our beloved Treasurer.  Graduating from Bethel in 2009 with his Bachelor's in Business (emphasis Marketing and Finance), he has quickly arose within the group to his position with the help of his Leadership Minor.  His normal life is filled with work where he thoroughly enjoys every waking minute of being at the Department of Veteran's Affairs in the Loan Guarantee Division with his more than perfect boss' (eat that snippy goggle-searching overheads!).  Before that he was a long time employer of Best "The Ocho" Buy, the original megastore.  Outside of work his time is spent playing guitar, hanging out with friends and is always down for any type of a pickup game.  His appreciation for creativity is being newly displayed in his growing passion for photography.

Like a number of us fellow LSCM member's, Kyle had a fairly limited knowledge of investing.  He's managed some of his own stocks (through his parents) well enough to have them reset in money market funds and has gained what knowledge he could from it.  The idea of an investment club offered the perfect, low-risk opportunity gain further understanding and to learn about investing.  As the markets are in the midst of a big up swing, it made the most sense to him to get money in now and as often as possible.  Even if we don't find that next Apple stock, the overall growth of the club will allow for Kyle and the rest of the members to reap the benefits.  Major growth should be imminent as the growth of the fund and knowledge of the market surges through each and every LSCM member.  While he's talked in depth with financial planners, learned as much as possible a number of analyst opinions, Kyle doesn't have any significant influence on his fresh palette of an investment style.  If i were to force Kyle to choose an influence (I didn't) it'd be the Bethel Professor, Chuck Hannema, aka the eighth wonder of the world.

Five years to the future Kyle hopes that member dividends will be paid out while in the middle of significant growth.  With proper management, the club will be able to kick back "play money" for its members as an additional stream of assets available.  Further down the road, a full set of assets for LSCM members would be available to develop business deals as well as real estate acquisition.  "It can function as a means to an end... aka the lifestyle we all dream of."  Here's hoping!  With the initial LSCM funds serving as the catalyst to a larger means of financial growth and stability via the diversifying of the investment portfolio beyond the traditional market, Kyle personally hopes and dreams for consistent growth with enough monthly inflow to diversify outside of the stock market into unnamed business ventures.  Perhaps one of them could be a theme park Kyle?  

Before getting into that, when asked what was the best about being the Treasurer he responded "secretly having to do nothing."  While this is somewhat of an overstatement, this does make some sense since we are using a finely put together, beyond excellent investment tool such as Ameritrade (helloooo endorsements!).  With the brute calculation taken care of, all that's left is to interpret and communicate the results which only presents difficulty when certain members are present ;)

Kyle's favorites include eating prime rib, shrimp, and special k bars, listening to Keith Urban, and the book that changed his life is Everyone Poops.  Favorite movies include Inception, Memento, Shawshank Redemption, Road to Perdition, and the mini-series Band of Brothers.  If Kyle were to invest in a theme park it would be titled, "Hains World."  Those of you that were around for the Heritage 211 days will be familiar with this reference (and those of you that are not can visit here for a rambunctious look into a group of college students in their senior year).  Most popular ride at Hains World?  The Rogne.  'Nuff said. 

Cheers!

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