1. Introduce the idea of forming an investment club to people you know who have expressed interest in following the stock or bond markets.
2. Agree on common goals for the group. Members who are involved for social or educational reasons may not mix well with serious investors.
3. Agree on the level of financial commitment members will make. A large monthly contribution may eliminate members over the long run. Small investments may frustrate investors who want to commit large amounts of cash in hopes of seeing a larger return.
2006-06-18 07:06:03
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answer #1
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answered by mamamoocow 2
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Get together a group of trusted people that you know. Have a tentative porfortfolio together based upon what you know and have researched. Go over this with the group. If you have "takers", you then have an investment group. The going won't be easy but perhaps each member could have an area of research as to up-and-coming investment opportunitities. Good luck.
2006-06-18 07:09:20
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answer #2
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answered by Aria 4
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Start it as more of a social club by inviting friends or relatives to participate. Start off small with small investments. Ask a local, trusted representative to be part of the group (with the condition that [s]he doesn't try to sell stocks or bonds at the meetings). As the 'pot' of assets grows, the club can make larger and more significant investments. Look at popular penny stocks.
2006-06-18 07:10:27
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answer #3
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answered by -RKO- 7
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Contact the National Association of Investors Corporation (see link in references). They will be thrilled at the opportunity to help you start an investment club or group.
2006-06-18 07:06:38
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answer #4
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answered by Paul McDonald 6
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Don't listen to them that's all just a waste of time, just go to (www.prosper.com).Its the newest, hottest site around start your own group to loan or invest money or If you need money join a group an get a lone its like myspace in that its people to people, but its meant for borrowing and lending!
2006-06-18 07:14:05
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answer #5
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answered by compressioneffect 1
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