Investment Clubs - Do they Exist?

Paul_Varjak

Does anyone know anything about Investment Clubs?

I have searched the internet before and found a site where I could include my name so that so that I could be invited to join a club. But no-one had ever invited me - sigh, sigh, sigh!

Have seen plenty of info about setting up a club and software you can buy to help run a club, but do these clubs actually exist?

carnet

themoneybag.com set up a share club last June

http://shareclub.themoneybag.com/

and, although it currently has a full quota of members (20), vacancies can and do occur.

If you're not already a member of TMB, probably a good idea to join beforehand (good idea anyway )

http://www.themoneybag.com/

plumb1_2

carnet wrote:

themoneybag.com set up a share club last June

http://shareclub.themoneybag.com/

and, although it currently has a full quota of members (20), vacancies can and do occur.

If you're not already a member of TMB, probably a good idea to join beforehand (good idea anyway )

http://www.themoneybag.com/

Also rpoints have one too,we do have a place(2) in the rpoints club,pm for details

plumb1_2

start your own club,put a add in you local paper,cards in your local shop window,as all members will be vetted

System

Whats a share club?

isasmurf

It's basically where a group of people, usually friends, get together and invest in the stock market.

http://www.proshareclubs.co.uk/

klondyke

Some years ago since I was secretary of one that met monthly in a pub. Great fun, but you do need to be with a group which has the same aims (even if you argue about particular shares, which is half the fun!). Make sure you have a legal agreement in place in case of people dropping out, newbies coming in, insurmountable problems etc. The link isasmurf gave above is the best source of info, suggested wording etc. (We cashed in just before market crash:-) )

muckell

Many financial websites that have a discussion forum usually have a few investment clubs.. Just a group of investers that have been discussing for awhile who decide to take things a bit further. Check out motleyfool.com and sharecrazy.co.uk they are a couple of investment website that i use frequently. I have considered joing one in the past but decided i like to have more freedom over my investment decissions. Like today i bought Woolworths at 38p after there big drop. i'm sure a lot of investors in a investment club would not of agreed with me.

davidjwest

I run a share club with about 18 work mates in it, we even make some money - not much though!

It's a good bit of fun and educational too.