Type of bind: Paperback
Dewey Decimal Number: 332.6322068
EAN num: 9780764554094
ISBN number: 0764554093
Label: For Dummies
Manufacturer: For Dummies
Quantity: 1
Page Count: 356
Printing Date: December 15, 2001
Publishing house: For Dummies
Sale Popularity Level: 161058
Studio: For Dummies
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Product Description:
Whether you want to join an existing investment club or start a club from scratch with your friends, family, and co-workers; whether your club meets in your living room or on the Internet, Investment Clubs for Dummies will show you how to reap the rewards of being a member of an investment club. It doesn’t matter how old you are—23, 43, or 63—this book will put you on the right path today.
Investment Clubs for Dummies is filled with practical guidelines and advice that explores all aspects of starting, joining, and running an investment club. In addition to showing you how clubs work, this book shares stories about real clubs across the nation—so you can see firsthand how rewarding and how fun investment club membership can be. Investment Clubs for Dummies will also help you: - Decided which investment club is right for you
- Realize the work that’s involved if you want your club to be a sucess
- Address all the financial and legal issues of starting your own investment club
- Keep meetings well organized and running smoothly
- Create strategies for making your club’s educational efforts a top priority
- Deal with the process of investing within the framework of an investment club—from how to pick stocks to building and managing a successful portfolio
It’s a fact—investment clubs have a better record of beating the market than mutual funds. So find out how investment clubs work and get ready to take control of your financial future!
User popularity level:
Rated by buyers -
A great book on all aspects of starting a club. This is just what some friends and I are doing now - and I am so grateful that this book is available. It serves as a step-by-step "how to". Plus, it has great information on avoiding pit-falls and keeping club life fun and interesting.
Rated by buyers -
As usual with the 'For Dummies' books, this one takes it easy. You can read it pretty quickly, it starts out quite simply and builds slowly. You don't think you're getting as much information as you are until you've finished.
Again as usual, this book is written by a couple of people who combine personal experience with a casual relaxed writing style. (For what it's worth, I've tried writing like this and it isn't easy.)
Most of us thinking about investment clubs already have some investing experience and think that we might be able to teach the club a lot. Most of us learn that the other people in the club can teach us a lot. Investment clubs attract the advanced amateur who bring specialized knowledge, their own experience, and above all enough questions that you might have forgotten to ask to make it well worth your while.
Great Way to Get Started.
Rated by buyers -
I just got through reading a number of books on investing. I had heard of the investment club movement. I did not know much about them. This book is a gem.
True to the series, it does have a gentle learning slope; there is nothing overwhelming, no challenging concepts. But it does break down the process of starting and running a club into clear, manageable pieces. I now want to start a club!
The investment philosophy is compelling. I would certainly encourage anyone interested in starting an investment club to read this book.
Rated by buyers -
This book answered all of the questions I had about investment clubs. Written in a casual, easily accessible way, this book gave precise and detailed information about founding or finding a club.
In the book, you'll learn about what work is actually involved with club membership; tips on assembling a group of committed people to be in a club with (plus tips on how to deal with troublesome member issues); and how to find and use investment and investment club resources to learn more about investing and to help keep your club running smoothly.
Whether you are simply interested in what investment clubs are and how they work, or you are serious about starting or joining an investment club, this book is a clearly written and fun way to learn about clubs. By going through each step of starting or becoming involved with an investment club, by dissecting the language of the legal documents your club must maintain, and by providing examples of actual investment clubs, this book covers it all, and will be an invaluable resource for the life of your club.
Rated by buyers -
If your looking to start an invesment club - This book is a MUST have! Already have an invesment club - This book is a MUST have! It will prove to be helpful and informative for new and existing clubs. This book along with information provided by the National Association of Investors Corporation (NAIC) will help clubs become successful, long-term investors.
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