By Patty Mayeux Move over, Dr. Spock, the Beardstown Ladies are here to help you raise your children. Back in 1983, the Beardstown Business and Professional Women s Investment Club was formed to teach members how to invest. By 1991, the ladies had realized nearly 60 percent profit. Getting Started Joining an investment club is a great way to get your feet wet in the wild and scary world of the stock market.
Monthly fees are low, and therefore, so are risks.
Members meet to share research on potential stocks and follow their investments. Speakers from local investment houses may visit to share their knowledge of Wall Street. Susan Smith was asked to join an investment club five years ago by a friend. She did, at first she felt intimidated because she didn t know anything about investing. The club and the NAIC proved to be a valuable source of information through speakers, software, and the NAIC national magazine, Better Investing .