subject: What You Need To Know About Investment Club? [print this page] Getting to Known Investment Club Getting to Known Investment Club
Investment club is a group of individuals that pools money together to make future investments in the stock market. The individual contribution of each member varies among clubs. In deciding to make an investment, members of the club should vote; at least two-thirds of the members must be present, and at least 50% of the votes must be collected in order for an investment to be pursued.
Activities of an Investment Club
In order to keep updated, the group conducts monthly meetings and report on stocks and funds. Each of the members must share their ideas about the trends of investments. Investment club members do not merely focus on investing stocks. Rather, each of the members has the opportunity to learn and research about the different trends on market.
Benefits of Investment Club
The main advantage of investment club is the dollar-cost averaging. It is a marketing strategy which investors put the same amount of money in the same investment over time regardless market performance (fluctuations). In addition, investment club gives investors more investment choices. By joining an investment club, you may be able to pool your money, share your knowledge and socialize while investing in the stock market.
Formation of Investment Club
In starting an investment club, form a group of your friends or relatives. Investment club members must have shared interest. The group must be at least six people. A smaller group may have difficulty pooling a sum of money over months. Investment club must conduct their initial meeting with regards to their organizations goals, interests and terms of the club. They may also elect officers, talk their monthly contribution and create a club name.
Online Investment Club
Creating investment club is not really difficult. Members can be ordinary persons, without requiring any special knowledge on marketing. However, members should take time to educate themselves regarding how stock market and investment work. On the other hand, investors and other experts may join the investment club. On the other hand, investment clubs can be a long-distant club, made possible by Internet and conference calls. The formation of online investment club is the same as those of the conventional ones except for that these people communicate through online.
Investment Club Softwares
There are investment club softwares that support the beginners in creating an investment club. The software helps manages the operations of the organization regarding accounting, income and other financial reporting.
