Where a group of individuals get together and purchase stocks, bonds, real estate, etc.
2006-06-10 01:39:02 · 3 answers · asked by kenkins 1 in Business & Finance ➔ Investing
Of course you can. Any group of people can pool their money together and invest it any way they see fit. It is generally called an investment club. Your group would still need a brokerage house becasue the club can't buy and sell on their own. I am thinking about starting one but I have no interested members as of yet. If you find one or want to start one let me know.
stockboy6781@yahoo.com
GCJ
2006-06-16 06:36:31 · answer #1 · answered by Garrett J 2 · 0⤊ 0⤋
There are loads of examples. But my favrourite was a bunch of grannies in england. They all chucked in 50 quid a month or something, invested the pool, and outperformed all the pros.
It's easy to buy a house as a group. The tricky part in all of this is to find the right group who have the same wants as you, and who you trust implicitly.
2006-06-13 06:56:46 · answer #2 · answered by codrock 6 · 0⤊ 0⤋
Generally speaking, no one can legally answer this question as the answer could violate the blue sky laws of the fifty states.
Use of the internet to solicity requires registration with each of the fifty states and potentially the SEC.
2006-06-10 10:19:41 · answer #3 · answered by OPM 7 · 0⤊ 0⤋