In the last five years, the number of investment clubs in Britain has grown from 350 to 11,000. All over the nation families, friends, neighbours and work colleagues are investing together to share the effort and minimise the risk of buying stocks and shares, whilst maximising the fun and fortune.
The principle of investment clubs is simple: groups of likeminded people with some spare cash and time, form a group and pool a reasonable monthly sum which will be invested in stocks and shares. Members meet regularly to swap opinions and ideas, discuss possible investments, and then make democratic decisions about the club’s portfolio. You don’t need to have any experience of stock-picking or to understand the ins and outs of the City. All you need are friends with the courage to follow their convictions and the commitment to increase the circle of competence.
Setting up an investment club is relatively straightforward. Guiding the club to financial success and making sure all the members are involved and enjoying themselves is easy too, provided you follow the methods outlined in this book.
Terry Bond, a successful private investor who spearheaded the development of the investment club movement in Britain, has studied clubs around the world. Avoiding City jargon he explains how to organise your club to make sure it picks a portfolio of winners. By following his advice – whether you are a complete novice at investing or a seasoned veteran – you will learn and you will earn.
Peppered with timeless advice and laugh-out-loud anecdotes, The Company of Successful Investors is comprehensive and easily digestible guide to starting up a successful investment club and ensuring that it becomes a profitable experience for everyone involved
Featuring cartoons by award-winning cartoonist, Kipper Williams, The Company of Successful Investors explains how to ensure clubs are successful, profitable, and fun.
Share and share alike.
