The Club will receive one copy of NAIC's Official Guide Starting and Running a Profitable Investment Club . Investment clubs are cool because you get to learn about the stock market without risking a large sum of your own money. In addition, each member brings their personal experience and knowledge to the group. Plus, you meet some new friends and have an excuse to get together every month or so. We will determine our own club goals.
Most clubs report a loss during their first year.
The second year, most clubs stay even. By the third year, most clubs have learned how to choose better stocks and they post their first earnings. It is important to understand that for the first few years, your dues are an investment in learning. Your education period would probably be longer and the risk would be entirely yours. The NAIC recommends that investment clubs organize as a Partnership.