Start your own investment club

Posted by in Uncategorized Jun 8th, 2004

From the Motley Fool … perhaps some of the business students out there would be interested in this for papers, or perhaps even starting their own.

Have you ever considered forming or joining an investment club? You should. Whether you're a novice or seasoned investor, a club can be a very effective investment tool. In investment clubs, members pool their money, their know-how, and their time to make investment decisions together.

There are many such clubs nationwide — more than 25,000 alone are registered with the National Association of Investors Corp. (NAIC). Clubs typically have 10 to 20 members and meet once a month. Each member contributes small sums monthly to a pooled account, researches stocks individually or in groups, presents findings to the club, and votes on investment strategies.

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