New Personal Investment Club Introduced to Stillman School of Business

By Andrew Aguilera,
Stillman News Editor

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In Spring 2016, the Seton Hall Student Government Association’s (SGA) Student Organization Advisory Committee (SOAC) approved the recognition of The Personal Investment Club.

Each semester, ambitious students present their ideas for new campus organizations to SOAC in hopes that their organization can attain funding and support.

The committee rates each presentation based on the following criteria: mission and purpose, interest and student appeal, structure and sustainability, distinction and uniqueness.

Similar to the Fashion Club, the Investment Club has the potential to make a huge impact within the Stillman School of Business.

The organization is founded by Michael Solimini, a junior majoring in accounting and economics. He is also their current president.

The rest of the executive board consists of Treasurer Miles Nash (Economics), Secretary Matthew Rachek (Accounting) and Vice President of Media and Public Relations Cassidy Burns (Biology and Secondary Education).

Recently, The Stillman Exchange team sat down with Solimini to discuss his vision of the organization and its purpose.

Q: Why did you want to start the Investment Club at Seton Hall University (SHU)?
A: I wanted to start the investment club at Seton Hall for a couple of reasons.  First of all, I love personal finance and the stock market.
The guys I lived with during my sophomore year here at Seton Hall were also really interested and we used to talk about stock picks and strategies all the time.
So one day we decided to make it into a social club, where investors of all different levels of skill and all different backgrounds can come together and talk openly about something that is going to greatly affect all of us in the very near future.

Q: What kind of events do you plan for the Investment Club?
A: This semester we have a lot of events lined up.  So far we have a certified financial planner coming into talk to the group about different investment options they can choose and educate them about tools they can use to grow their own personal wealth.
This semester we will also have a number of faculty and outside speakers come in to talk about everything from monetary policy at the federal reserve and how it affects your money to Bitcoin, which could possibly be the money of the future.

Q: What are the goals of the Investment Club?
A: The goals of the investment club are simple: Making sure that when you walk across the stage at graduation with that full-time employment offer already accepted, you know exactly what to do with the money.
Too many young adults are graduating college today and do not have the first clue about personal finance.
No matter what profession you enter after college, whether that be medical school, an economist, a veterinarian, a physical therapist, a musician, a businessman, etc. you will have to know how to manage your own money.
Although some people may view personal finance as boring and unneeded, it is the secret to becoming wealthy in your life, and to give away the biggest secret, the only person that’s going to be interested in you becoming wealthy in your life, is you.

For more information about the Investment Club, please contact Michael Solimini at Michael.solimini@student.shu.edu.

A version of this article appeared in the Tuesday, September 13th print edition.

Contact Andrew at
andrew.aguilera@student.shu.edu

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