Resources For Investment Clubs
The following links are some great resources that your investment club should take advantage of to make the most out of your investing experience:
Stock analyzer
Available from Kingsoft:
http://www.kinginet.com/
Available from NAIC:
http://www.better-investing.org/about/software/nsa.html
National Association of Investors Corporation (NAIC)
This web site has a great deal of investing information that will be a great benefit to you and your investing club.
http://www.better-investing.org/
US Securities and Exchange Commission (SEC)
This website gives you some basic information about investment club regulations.
Securities and Exchange Commission
Office of Investor Education and Assistance
450 Fifth Street, N.W.
Washington, D.C. 20549-0213
http://www.sec.gov/investor/pubs/invclub.htm
Investment Calculators
These tools can help you calculate a variety of information that includes the future value and present value of stocks.
http://www.investopedia.com/calculator/
NAIC Club Accounting Software
This piece of software is perfect for all your accounting needs.
http://www.better-investing.org/about/software/nca.html
NAIC Portfolio Record Keeper
This software will help you keep track of the information that is important to your stock portfolio.
http://www.better-investing.org/about/software/prk.html
Bivio
This is a good online source of useful information for investment clubs.
http://www.bivio.com/index.html
R B C Direct Investing
When the paperwork returns, the newly elected Secretary of your investment club should make sure that the paperwork is filed and that members of the club have access to the information.
Momentum Investing
This is because corporations are taxable business entities that require knowledgeable accounting skills to make them run smoothly and in accord with government regulations. The president is the one who decides when the next meeting is going to take place (usually done with a mutual vote but made official by the president), presides over the meetings, and plans activities (usually done with a mutual decision by other members). Treasurer.
There are many other reasons why its mutually beneficial for people to join together in an investment club.
Dont be too worried about being part of a group of people that have no experience since there are many resources that are available to help you learn about investing and the process that you need to follow. A corporation generally means a lot of paperwork. There are many investment clubs around the country that have been running for a long time. Youll want to make sure that the majority of the members are thinking the same way. Washington, D. This type of business model will let you accomplish what you need to do to run your investment club with the least amount of tax influence.
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