Investment Clubs: How to Start and Run One the Motley Fool Way [Paperback]

Selena Maranjian (Author), Brian Bauer (Author)

Book Description

Publication Date: November 1998

Because investment clubs allow members to minimize risks and share knowledge, many investors are seeking them out. This guide, brought to you by the creators of the best-known personal investment site on the Internet, shows you how to set up a club, recruit members, and keep them informed and motivated.

Editorial Reviews

From the Back Cover

No longer one of America's best-kept secrets, the number of investment clubs has soared in recent years. You may have been thinking about joining or forming a club yourself -- and if you haven't thought about it, you certainly should. Investment clubs offer many advantages to inexperienced and experienced investors alike. If you want to learn more about investing but are too afraid to jump in on your own, clubs offer a way to learn in a group setting, with members helping each other understand new concepts. Even if you're a savvy and seasoned investor, a club can save you a lot of number-crunching time, as you regularly share your research on promising companies. Enter Investment Clubs: How to Start and Run One the Motley Fool Way. This guide aims to help you form a club and start trying to beat the market. It should even prove useful to existing clubs, as its many suggestions can help club members focus on learning and improving results. (We know how tough it can be to keep club members involved and to keep the boat pointed toward market outperformance.)

This guide covers all the basics of forming and running a club, including such topics as:
*Deciding whether you should join or form a club
*Recruiting members
*Drafting your formal agreements
*Designing your agendas
*Electing officers
*Planning educational components
*Selecting companies to study
*Keeping track of club accounting
*Evaluating your performance
*Dealing with member turnover
*Keeping interest high
Included in the book are:
*Several sample agendas and meeting minutes from actual investment clubs
*A list of online and print resources
*A discussion of common perils and pitfalls
*A glossary of investing terms
*A review of tax issues related to investment clubs, including sample tax forms filled out
*Sample by-laws and a sample partnership agreement that you can adapt for your own club
Also discussed in the book are variations on traditional investment clubs, such as online investment clubs and "faux" investment clubs (which share information and research ideas but stop short of actually investing money together as a club). You owe it to yourself and your financial security to learn about stocks and start investing. Investment clubs are one of the best ways to get started. This book will help you get a club up and running efficiently and profitably.

About the Author

Selena Maranjian is the author of a nationally syndicated newspaper column.

Product Details

• Paperback: 83 pages
• Publisher: Motley Fool (November 1998)
• Language: English
• ISBN-10: 1892547007
• ISBN-13: 978-1892547002
• Product Dimensions: 8.9 x 6 x 0.4 inches
• Shipping Weight: 6.4 ounces
• Average Customer Review: 4.3 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #416,175 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

84 of 85 people found the following review helpful:

5.0 out of 5 stars Great Book!, May 6, 1999

By A Customer

This review is from: Investment Clubs: How to Start and Run One the Motley Fool Way (Paperback)

I have read both Starting and Running a Profitable Investment Club: The Official Guide from the National Association of Investment Clubs and The Investment Club Book in addition to this book.

While the other two books are very thorough and very well done, this one is the easist to read and understand.

I recommend all new Investment Club members to try this book.

41 of 41 people found the following review helpful:

5.0 out of 5 stars Great beginners book., June 20, 2000

By 

T. Geoghegan (OR, USA) - See all my reviews
(REAL NAME)   

This review is from: Investment Clubs: How to Start and Run One the Motley Fool Way (Paperback)

In starting an investment club it's important that everyone involved has a good idea of what to expect from a club. In signing agreements and feeling as though you are going to be bound to a group for a long term endeavour, this book helps to ease the anxiety that goes along with the club forming experience.

As with any other Motley Fool book this one has a reasonable balance of good, clear concise information, and foolish humor.

As a primer for beginners, this book is the best I've seen. It has lots of samples of forms and the agreements and by-laws. It is written at a level that any investor should understand what is going on.

I highly recommend this book to anyone interested in starting an investment club.

34 of 34 people found the following review helpful:

5.0 out of 5 stars Excellent book for a summary of how to start an invest club., March 29, 1999

By A Customer

This review is from: Investment Clubs: How to Start and Run One the Motley Fool Way (Paperback)

My sister and I were looking for info on starting an investment club for our family and we turned to the Motley Fool book. It was great for everyone in our family as we are all novices to the investing game. It was easy to read and everybody got through it before our first meeting. A big, big help!!!!