Complete Idiot's Guide to Starting an Investment Club

by Fisher, Sarah Young; Shelly, Susan

• ISBN13: 9780028635873
• ISBN10: 0028635876
• Format: Paperback
• Copyright: 2000-05-09
• Publisher: DK Publishing, Inc.

Summary

As the heartland's Beardstown Ladies Club showed the world, there's not just strength in numbers -- there's added profits, too! That's why people all over the country are banding together and pooling their money to form investment clubs -- one of the most popular new modes of investing today. The Complete Idiot's Guide to Investment Clubs walks readers through all the steps they need to found or join an investment club, from finding prospective club members and drafting a partnership agreement to selecting stocks for study and purchase and keeping the club up and running. It also offers savvy tips on how to build a portfolio, how (and when) to invest in mutual funds, and how to use computer software and online resources in one's club, as well as advice on dollar cost averaging, when to sell, reinvesting considerations, and much more. For everyone looking to get on the investment-club bandwagon -- and profit! -- here's the place to start.

Table of Contents

Part 1: The Great World of Investment Clubs	1	(62)
What's All This Talk About Investment Clubs?	3	(12)
Some Successful Clubs and What They've Done	15	(10)
Online Investment Clubs---the Wave of the Future?	25	(12)
Deciding If an Investment Club Is Right for You	37	(14)
Join the Club or Start You Own?	51	(12)
Part 2: The Basics of Starting a Club	63	(56)
Bringing Club Members on Board	65	(14)
Getting Your Investment Club off to a Good Start	79	(10)
Establishing Operating Rules	89	(20)
Ensuring That the Club Runs Smoothly	109	(10)
Part 3: Details, Details	119	(52)
Keeping Records the Right Way	121	(10)
Exactly How Does an Investment Club Operate?	131	(14)
A Taxing Topic	145	(14)
Going with a Broker---or Not	159	(12)
Part 4: It's Time to Do Some Homework	171	(60)
Understanding the Stock Market Before You Jump In	173	(12)
Considering Mutual Funds as Investments for Your Club	185	(16)
Targeting Companies from Which to Buy Stock	201	(16)
Buying Stock---the Cornerstone of an Investment Club	217	(14)
Part 5: Keeping Track of Your Investments	231	(58)
Watching out for What You've Got	233	(14)
To Have and to Hold	247	(10)
It's Trading Time	257	(10)
Know When to Walk Away	267	(10)
Keeping Club Members Invested	277	(12)
Part 6: The Evolution and Life Span of Your Investment Club	289	(66)
How're You All Doing by Now?	291	(12)
The Ebbs and Flows of an Investment Club	303	(12)
What Happens If Your Club's Not Working?	315	(40)
Appendixes
A Glossary	327	(20)
A Resources	347	(8)
Index	355