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
Investment Clubs California
Most investment clubs choose a general partnership as their choice of a business entity.
Investment Club Members
The majority of the time the investment decisions will be made after some research has been done regarding the stock that is under consideration. These reasons include: Combined investment knowledge. You should be prepared to be satisfied to never realize a profit from the stock market. An exchange does not have to have a physical place of business and several electronic exchanges do business. TRADING AUTHORIZATION Document granting power-of-attorney rights to an agent of the account holder(s). Joining an investment club means joining for a long period of time.
When you elect members to fill the above positions youre simply making sure that your club is run in an organized and efficient way.
Original copies. Using a discount broker seems to be the more popular choice since the purpose of the investment club is to make your own decisions about what stocks youre going to be dealing with. Your investment group should be as well prepared as possible for the second meeting. During those periods when the stock market is slow youre probably better off putting your money into a savings account in the bank.
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