If you'd feel more comfortable learning about investing with others than on your own, then this is for you. It's a good way of putting aside a small amount each month. The average monthly contribution is 25. If you've been putting off learning about investing and sense that having a responsibility to the group would provide some much-needed discipline, than a club could help immeasurably. If you think it would be fun to have a group of people with whom to share company research and discuss investing topics.
Many members eventually find that the clubs guide their own personal investing.
After a while, their equity in the pooled club account may be relatively small compared with their separate personal accounts. You may not have the time to research several shares each month on your own, but by participating in a club, you'll share in the research of others and have the extra bonus of a group setting in which to discuss investing ideas and issues. Copyright 1998-2001, The Motley Fool Limited. All rights reserved. This material is for personal use only.