investment clubs
According to the SEC, investment clubs are groups of people who pool their money to make investments.
Usually, these clubs are organized as partnerships.
Then, after the members study different investments and investment markets, the group decides to buy or sell based on a majority vote of the members.
Club meetings may be educational and each member may actively participate in investment decisions.
As there have been some frauds related to these clubs, SEC has a list of resources that can help steer clear of bad clubs for investing.
The resource is located at nasaa.org/nasaa/abtnasaa/find_regulator.html.
Clubs-based investing is one path of learning-by-doing.
With a club, one shares with others the opportunity to enhance your knowledge of business and investing, possibly accumulating profits over time.
Finally, the clubs are about having fun while investing, too.
Clubs for Investment - Resources
There are many great resources to learn about the different clubs out there.
You can also find advice to start a club of your own.
One of the new trends is starting an online club for investing.
These clubs may have no meeting place and no regular meeting times.
And the partners may see each other from time to time, but may not meet as a group.
Online resources to learn and find clubs for investing include:
- better-investing.org/subjects/clubs/
- biz.yahoo.com/edu/ed_clubs.html
There are also books about these clubs, including
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