Investment-club

This book answered all of the questions I had about investment clubs. Written in a casual, easily accessible way, this book gave precise and detailed information about founding or finding a club.
In the book, you'll learn about what work is actually involved with club membership; tips on assembling a group of committed people to be in a club with (plus tips on how to deal with troublesome member issues); and how to find and use investment and investment club resources to learn more about investing and to help keep your club running smoothly.
Whether you are simply interested in what investment clubs are and how they work, or you are serious about starting or joining an investment club, this book is a clearly written and fun way to learn about clubs. By going through each step of starting or becoming involved with an investment club, by dissecting the language of the legal documents your club must maintain, and by providing examples of actual investment clubs, this book covers it all, and will be an invaluable resource for the life of your club.

If your looking to start an invesment club - This book is a MUST have! Already have an invesment club - This book is a MUST have! It will prove to be helpful and informative for new and existing clubs. This book along with information provided by the National Association of Investors Corporation (NAIC) will help clubs become successful, long-term investors.

In the past, I have considered investment clubs to be an interesting idea. But it wasn't until I started reading Investment Club for Dummies that I seriously considered starting an investment club with a group of people.

Doug Gerlach and Angele McQuade have done such a good job with this interesting, motivational book that you want to just jump in and follow their lead. Their instructions on planning, setting up, and keeping an investment club alive seem really "do-able" and worthy of our consideration.

As with other "Dummies" books, this one is simple, instructional and fun to read - even if you're not planning on joining an investment club. Along with investment club information, you will surely absorb a good measure of facts about investing in general. And, really, which one of us knows too much about investing?

The book is a comedy about a fictional investment club located in the suburbs of the nation's capital. Although fictional, the book covers many of the factual problems, pitfalls and opportunities encountered in forming and operating a stock investment club. At the outset, a zany but lovable group of women form a women's-only investment club. The women, who are considered to be little more than financial nincompoops, are nevertheless determined to make their fortunes. After a roller coaster of high financial gains followed by near financial disasters, they overcome the odds and parlay their invidual investment of $100 a month into fame and fortune.

The Ladies of the Wednesday Investment Club is a hilarious look at the trials and tribulations of a group of throughly inexperienced women investors trying desperately to make a buck on the stock market. This book is a wonderful read as it is not only a contemporary topic, but also because one can identify with the women's strong desire to strike it rich on the market, not realizing the pitfalls along the way. The novel is a parody of the wildly successful Beardsly Women's Investment Group, of course the women in this book are rank amatures. It has a marvelously uplifting message about how we are never too old to try something new, and is a nice commentary on the resilience of the human spirit to perservere through all types of adversity. Although the women in the book are portrayed as ditsy, it was easy to root for these underdogs. The book also contains some excellent factual information on stock market investing!

This is an excellent book. Sure, every woman should read it, but it is a great fundamental financial planning resource for men, too. If you are looking for a way to get started, start here. You will learn the basics of investments, insurance, estate planning, etc. And the book gradually progresses to more complex concepts.

EVERY WOMAN NEEDS TO READ ANDEXPERIENCE WHAT EVEN THE MOST SOPHISTICATED WOMEN IGNORED...THEIR FINANCIAL HEALTH. 9 OUT OF 10 WOMEN WILL AT ONE TIME BE ALONE IN THEIR LIVES...6 OF 8 WOMEN WHOSE HUSBAND DIES NOW WILL SUFFER SEVERE FINANCIAL DISTRESS...THIS IS YOUR WAKE UP CALL...IT HAPPENED TO ME---AND THIS BOOK IS FILLED WITH HORROR STORIES OF WHAT OTHER WOMEN JUST LIKE YOU HAVE IGNORED FOR SO LONG. I HOPE YOU WILL ENJOY IT

My friends and I (all women) just recently started an investment club and this book was just great. It provided useful forms, guidelines and warnings on how to setup your club and who should be in your club. A lot seems like common sense and lot isn't. We took this book with it's nice forms, etc. and ran with it. Today we have a bonafide investment club, filed our taxes and have been making investments that make us happy (not necessarily rich).

Like some of the others I bought other investment club books but you really don't need them. This one will do just as well and it's entertaining to boot.

In starting an investment club it's important that everyone involved has a good idea of what to expect from a club. In signing agreements and feeling as though you are going to be bound to a group for a long term endeavour, this book helps to ease the anxiety that goes along with the club forming experience.

As with any other Motley Fool book this one has a reasonable balance of good, clear concise information, and foolish humor.

As a primer for beginners, this book is the best I've seen. It has lots of samples of forms and the agreements and by-laws. It is written at a level that any investor should understand what is going on.

I highly recommend this book to anyone interested in starting an investment club.

I have read both Starting and Running a Profitable Investment Club: The Official Guide from the National Association of Investment Clubs and The Investment Club Book in addition to this book.

While the other two books are very thorough and very well done, this one is the easist to read and understand.

I recommend all new Investment Club members to try this book.

I was hesistant to purchase any book that in its title makes reference to the reader being an "idiot," but this book gives the fledgling investment club a good head start in organizing itself. The chapters progress logically from the history of investment clubs, to tax considerations, to keeping records of investments. Some sections are necessarily abridged, and the author points the reader to other, more robust sources (you should consult sources dedicated to the topic of stocks/mutual funds/bonds rather than rely on the section in this book). Each chapter gives good tips and warnings on how to run the club.

One topic that the author seemed to treat lightly is online brokerages and trading. The author advocates seeking the advice of a full-service broker -- something that fledgling investment clubs may not be able to afford -- to handle the club's trading. Our investment club extensively uses online brokerage services and online resources to keep the monthly club contribution low.

Sarah Young Fisher provides excellent value for your $18.95 spent - 325 pages of useful information plus Glossary and Resources. Her thesis is important, even if it is more subtle than explicit: running an investment club is a bit more difficult than it looks. The best proof of this resides in the now famous Beardstown Ladies who thought they were earning 23 percent on their money, only to learn that the true figure was 9 percent. Put another way, as good as they thought they were, the ladies lacked the technical expertise to calculate their rate of return. Sarah is very clear about the start up costs (about $1200) and monthly costs (about $150) paid to lawyers, accountants, and book keepers - no small consideration. Then, of course, there are taxes to consider .... This is a good deal more complex than organizing a hiking club, and yet it is supposed to be FUN! Her most valuable piece of advice is: not even a good financial advisor has the same stake in your money as you do. Her most futile piece of advice is: don't get emotionally attached to a stock - a bit like asking humans not to be human. The contention that most clubs probably need a professional financial advisor to get started almost seems to take some fun out of the group adventure. Essentially, however, the book is very comprehensive, easy to read and understand, and an invaluable guide to any club starting up. Indeed, the book itself is a good investment!

This books shows you how to get started with an investment club. Such clubs are great educational opportunities, yet I have never seen an investment club help its members learn about options. In today's troubled markets, hedging with options makes good sense. THE SHORT BOOK ON OPTIONS explains how investment clubs can use options to generate the "expected" profits more quickly. Get both of these books and establish your investment club as one that reaps additional profits using options.

The strength of this book is that it's quite easy to read. The book is a great resource for beginning investors who are interested in forming an investment club. It can make for a great present to each member of your family. My brother got me this book as a present, and I finished it in a night; the following morning, we had devised a way to start a family investment club. I find myself contantly referring back to this book, especially the Apendices; the Glossary provided is rich with terms every investor needs to know--if you don't know the lingo, how do you expect to make any money?

This book will give new clubs information on reading annual reports, preparing and using N.A.I.C. tools such as the Stock Selection Guide and more. This is the Investment Club Bible.

Serious students of long-term growth investing will find this book a good guide. Co-authored by the Chairman of the National Association of Investors Corp. (NAIC), Taking Control of Your Financial Future details the approach to the market that organization recommends for investment clubs to follow, using NAIC's tools (the Stock Selection Guide, Comparison Guide and others). A chapter of the book is devoted to starting a club, but the majority of its chapters are focused detailing NAIC's stock investing methodology. I wouldn't call this title "beach reading," but it is an excellent textbook, offering a more complete picture of the same approach to the market offered by the Beardstown Ladies in their own book.

OK, Now that it is official that they didn't beat the market, they have reversed gears and try to address the savings part. Nothing to differentiate this from a zillion other such books. I should grant them one thing, they know how to market their name to catch on the gullible.

This book has a wealth of information on how to save money.
It is directed to middle age and elderly people. For instance,
the book provides car buying checklists, brand name equivalents,
repair or replace decision-making criteria, insulation R value
statistics and the priority pyramid . The priority pyramid
ranks spending categories by order of importance. There is a
section of mail order drugs and comparative pricing to local
pharmacies. This book is worth the price of admission in every
respect. It will help you in your personal planning and
routine purchasing decisions.

This book has a lot of every day hints that are timeless.

The dust cover claims this book is worth its weight in gold. Its last chapter, which outlines the 20 steps to earning $100,000 a year, could well make it so. If you buy the book, read the final chapter first. D.A. Benton’s 20 steps are clear and easy to follow. Once you know them, the rest of the book provides excellent supporting information. Benton shows examples of how specific individuals (many of them high-profile celebrities and athletes) used each step to achieve success. This book offers no get-rich-quick schemes. The author advocates a logical, methodical approach to making $100,000 per year. She is so confident that she makes a guarantee: If you put maximum effort into all 20 steps, you will become a member of the $100,000 Club. We [...] recommend this book to anyone interested in making a six-figure income.

Debra documented the characteristics of people in the $100K club very well. It is not (supposed to be)a how to book, but a guide to ensure you are on the path to becoming a six figure earner.

It also serves as a reference and reminder about the things you know you need to do, but do not have someone challenging you to acheive. Debra is able to coach the reader, as if she is working one-on-one with them.

This is the way it is done. Debra Benton did it...so can we.

Having read the NAIC investment club book, Starting and Running a Profitable Investment Club : The Official Guide from the National Association of Investment Clubs, and reading this book, I found the former book much more detailed and useful. I found The Investment Club book to be little more than an endorsement for the former. I would recommend saving your time and money and purchase Starting and Running a Profitable Investment Club : The Official Guide from the National Association of Investment Clubs.

OK, I already know how to invest money, so all I was looking for was a book to give me the specifics on investment clubs. This book covers that, but about 1/2 of it is about stocks, bonds, etc., basically, things I wouldn't need to get out of it. Also, the author is tied strongly to the NAIC, an association for investment clubs, and plugs it throughout the book. My opinion is that, for the same reasonable price, you can get a slightly better and more updated book through the Motley Fool collection...

Author John F. Wasik claims his book is more "informational" than "a fun read," but I'd have to disagree. While Wasik packs in the material (this book is nothing if not comprehensive), the most compelling part of the book to me is the "true life stories" of successful clubs and successful club members. The book never reads like some inspirational Reader's Digest, though, as Wasik lets the clubs tell their own stories, stepping aside to allow the reader to soak up hundreds of collective years of club experience as related by otherwise-average individuals from all across the country. Wasik may well be the most accomplished writer of all the investment club book authors, and he approached the book with the proper reporter's objectivity. Still, it's clear that he is impressed with the success of the investment club concept, and by the members profiled in The Investment Club Book. For readers interested in the answer to the question, "why start an investment club," this book provides the answer.