Start Investment Club - Who are the NAIC?

Who are the NAIC?

Perhaps you have heard horror stories or rumors about an amorphous entity called NAIC, an evil overlord that rules over all investment clubs that come into its sights. We assure you, none of that is true. In fact, the entity known as the National Association of Investors Corporation is anything but a domineering force in the world of business. The NAIC was formed as a service to investors and is currently the largest non-profit investment club aid agency in the United States. The intimidating acronym is outdated. Today, the NAIC is called a less threatening BetterInvesting.

When and why were they created?

The National Association of Investors Corporation was created some sixty years ago as a grand-scale experiment based on a few principles that had been around since the beginning of the Industrial Revolution: that if you, as an investor, are educated enough to have a diverse portfolio of investments and mutual funds, and if you invest a certain amount of money on a regular basis, you will be able to better secure your wealth and success. The NAIC has since helped huge numbers of investors build and maintain their assets.

BetterInvesting continues to spread the word about money management. At the same time, the group keeps statistics about investment clubs and mutual funds all over the United States who register with them...and they offer many programs to help investors along!

What is the NAIC all about?

BetterInvesting offers a wide variety of resources for fledgling and venerable investment clubs alike--and if you are considering creating an investment club, there is information available on SEC policy, advice on bylaws and charters, tested software that you can purchase, and a plethora of other useful things to take into consideration. From printed materials to educational opportunities for laymen, they are an invaluable source of which it would be prudent to take advantage.

Perhaps you have heard of BetterInvesting Magazine? It is offered as a service of the NAIC! Other services offered are online seminars, including educational classes on mutual funds and stocks, and an online community that gives investors individual insights on investment decisions.

Finally, for the financial officer in your investment club, there are useful tools available. Software for stock analysis and screening, keeping records of transactions, and management of portfolios is available – as are printed materials for the same!

For further information on the NAIC, visit the company’s website: http://www.better-investing.org/

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