Guide to investment clubs
Why participate in an Investment Club?
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Still not convinced? Here's a brief summary of why you should consider starting or joining an investment club:
* If you're new to investing, it's a good way to get your feet wet.
* If you'd feel more comfortable learning about investing with others than on your own, then this is for you.
* It's a good way of putting aside a small amount each month. The average monthly contribution is £25.
* If you've been putting off learning about investing and sense that having a responsibility to the group would provide some much-needed discipline, than a club could help immeasurably.
* If you think it would be fun to have a group of people with whom to share company research and discuss investing topics.
* If friends have gently suggested that it would be good for you to get out of the house once in a while!
Many members eventually find that the clubs guide their own personal investing. After a while, their equity in the pooled club account may be relatively small compared with their separate personal accounts. Club meetings will offer many good ideas about attractive shares in which to invest -- and while the club may buy a few shares, members often go home and buy more shares for their own accounts.
You may not have the time to research several shares each month on your own, but by participating in a club, you'll share in the research of others and have the extra bonus of a group setting in which to discuss investing ideas and issues.
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