Investment clubs have become increasingly popular since the media took hold of the impressive–albeit inaccurate–performance reported by the Beardstown Ladies Business and Professional Women’s Investment Club in 1993. They advertised an incorrect 10-year average annual return of 23% in their book, The Beardstown Ladies’ Common-Sense Investment Guide, which actually turned out to be their two-year average. Since then, investment clubs have cropped up all over the country, creating wealth for novice investors from blue-collar workers to blue-haired widows.
What’s an Investment Club?
Meet regularly with friends and colleagues, research, share, laugh, socialize, and make money . . . what could be more fun?
How an Investment Club Works
Investment clubs are a collection of like-minded people who share a common goal–making smart investment decisions that benefit the membership. Everything is shared–from research to investment choices to successes and failures.
Starting an Investment Club
This step-by-step guide can help you and your friends get started.