Psi Epsilon Omega Chapter of Alpha Kappa Alpha Sorority, Incorporated® Launches Investment Club
Laurel, Md.—Psi Epsilon Omega Chapter (PEO) of AKA is helping its members stretch their dollars and become money smart by launching an investment club. The newly formed Ivy Investment Club(IIC) is comprised of 27 partners who are eager to learn more about participating in the stock market and using other investment vehicles to accumulate wealth.
The Ivy Investment Club is part of AKA’s national programs of service which include five target areas.Target 3: Building Your Economic Legacy aims to help members learn about financial planning, asset accumulation, and wealth building including savings and investments, and managing debt.
“We are excited about helping Black women build their economic legacy,” said Benita Swindell, PEO president. “Our work under this target also includes credit repair and monitoring, entrepreneurship, and the importance of supporting Black-owned businesses.”
The IIC will manage its finances through Industrial Bank -- one of the largest African-American owned and operated commercial banks in the United States. Additionally, the group will work with an investment advisor to guide them through the process as they learn about investing. Through research, analysis and group discussions coupled with support from the financial advisor, the IIC is ready and primed to start building a strong investment portfolio.
The IIC partners are very motivated to acquire knowledge about stock trading and other investment opportunities during these bear market times.
Ivy Investment Club News Release