Investment Clubs

Investment Clubs enable groups of friends or colleagues to pool their resources to invest in the stockmarket. Cash is pooled often by way of regular savings from members. Later the cash is put into the market using a stockbroker.

At least three people are usually needed to start a club which can provide a good fun way of dipping your toes into the investment. Investment Clubs can and frequently are used as social clubs. It can be a group of workmates who meet in a back room of the local pub or a gathering of grannies taking time off from the knitting.

See also Setting up an Investment Club.

2009-02-17 00:00:00 © Moneyextra.com