“These clubs are filled with people who want to learn more about investing and are glad to do it by investing $50 to $75 a month.”
Allyson Lewis, author of
The Million Dollar Car and $250,000 Pizza
An investment club is the coming together of people who want to actively participate in both the research and decision- making process of investing money. According to the National Association of Investors Corporation (NAIC), approximately 100 new clubs register membership with the organization each month.
The best thing about joining an investment club is typically the camaraderie of its members. Sandra Beckwith enjoys being a member of an all-women’s investment club in Rochester, NY, and says the group has expanded her social circle. “We spend a lot of time laughing at our meetings,” observes Beckwith. “What could be better than making money while you’re having a good time?”
