Our problem is that we know nothing about stocks or how to set up a club. An investment club is simply a group of 8 to 15 people who pool their money and buy stocks together on a regular basis. Although millions of individual investors continue to be drawn to the stock market, many of them don't want to invest alone. They're social, educational, and you earn money while having fun.
Women are at the forefront of the growth in investment clubs.
What's more, women-only clubs have had an edge in performance. Women trade the stocks in their portfolios less often than men, and the lower turnover results in higher returns. The club's site, launched on Sept. 5, reveals the members' 12-step investment strategy, portfolio, and communications. The site is gearing up to provide services for other investment clubs, including message boards, portfolio-tracking tools, and a program that matches up prospective members with clubs that meet their investing interests. Of course, there's no guarantee your club will perform well.