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
Biography Ken Fisher Education Investments
Make sure that you find out if there are any other incentives offered that make you want to hire the broker.
Fidelity Investments International
If your investment group is planning on doing a lot of buying and selling in the stock market youll want to think about using a very inexpensive broker for your transactions. Keep in mind that when your club makes a profit, no matter how small, the amount must be distributed throughout the membership. In most cases the investment club will be registered as a partnership and the members of the club will make decisions together on what stocks they consider to be a good investment risk.
But if youre patient and ride out the slow times of the stock market youll come back with a bang and make more of a profit than if you had actually put your money into a savings account.
When all members of the club expect and meet the same requirements everyone works together in a way that induces success and, hopefully, some profitability. You want to make certain that youre all the same page about the club is all about. But they are also sane and rational when it comes to their money, wanting to retire with a nice sized nest egg as a cushion.
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