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All members should agree on (1) the days and time that youre going to meet (most investment clubs meet once each month), (2) the place that youre going to meet, (3) the length of the meetings (most meetings last about two to three hours), (4) the organizational format that each meeting is going to take. You should be prepared to be satisfied to never realize a profit from the stock market. It will be very important that the investment club have checkpoints in place that account for all investments, profits, losses, and other money issues.

 

Investment Club Resources
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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

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Expect to be an amateur.

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Internet access. If youre unable to take direction from a group of people that youre working with then an investment club may not be for you. If you have one or two friends who have shown a mutual interest in the stock market or bond market you can approach them to join your investment club. Each of these business models has their own advantages and disadvantages.

They find companies that are listed on the stock market that show good growth, profit, and earnings but that are still cheap to buy and havent yet reached their potential.
better-investing. Brokers that charge a high fee per trade often offer you the best customer service so the price might be worth it to your investment club. Or you can contact the IRS website directly on the Internet to obtain a copy. Getting an Investment Club Started - Tips For the Second Meeting After your first meeting has been a success youll want to make sure that certain things have been completed for the second meeting.

 
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