Step 1 – Finding Members for Your Investment
Club
Once you have the basic information gathered together about
why you should start an investment club, and the
requirements that members should have, you’re ready to
take the first step towards officially starting your
investment club.
You’ll need to find members to join your
investment club and you can achieve this in a number of
ways.
If you have one or two friends who have shown a
mutual interest in the stock market or bond market you
can approach them to join your investment
club.
You can find other people who are interested in
joining in your investment club by advertising in the
newspaper or by posting notices on community bulletin
boards.
The important thing to remember is that you want
to attract people who have an interest in learning more
about the stock market while they invest small amounts of
money.
You shouldn’t be too concerned if the majority
of the people who have expressed an interest in joining
your club are all new to the stock market. In fact, this
can be a good thing that your club is composed of people
who have no real expertise in the market.
People who have prior experience with the stock
market may quickly become frustrated dealing with
amateurs.
Don’t be too worried about being part of a group
of people that have no experience since there are many
resources that are available to help you learn about
investing and the process that you need to
follow.
Prior to your first meeting with those people
interested in joining your investment club you
should provide them with information about the club. This
includes letting them know what the club is going to be
about and how it should be run.
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