A:

Investment clubs have been around for several decades and are simply groups of people who get together to invest. While the primary motivation is to make as much money as possible, clubs are also a great way for investors to share ideas and learn about the market from others.

By law, investment clubs are not allowed to recruit members because it could be viewed as part of an investment scheme. This means that the onus is on you to approach a club.

For information on starting or joining an investment club, try the following links:

The National Association of Investors Corporation – The NAIC is the foremost authority on investing clubs in the United States.

The World Federation of Investors – This is an international association of investment clubs around the world. Its site has links to groups similar to the NAIC if you live outside of the U.S.

Investing Clubs on Google – This page provides assorted links from Google.

To get advice on investment clubs, see 4 Tips for Joining an Investment Club and Get Active, Join A Club!

RELATED FAQS
  1. Can you use your Walmart credit card at Sam's Club?

    Learn how you can use a Walmart credit card at Sam's Club. Sam's Club also takes a variety of other payments and has many ... Read Answer >>
  2. Why is Manchester United (MANU) carrying so much debt?

    Learn how the Glazer family incurred substantial debt for its takeover of Manchester United, and understand how that debt ... Read Answer >>
Related Articles
  1. Managing Wealth

    4 Tips For Joining An Investment Club

    These circles of like-minded people are a wonderful way to explore investing without laying out large sums.
  2. Investing

    Investment Clubs Pool Assets, Expertise

    Forming a network of other like-minded investors and professionals can bolster returns.
  3. Investing

    The Benefits Of An Investment Club

    Don't want to be a passive investor? Discover how investment clubs allow you to take control of your portfolio.
  4. Managing Wealth

    When It Pays to Join a Golf Club

    If you play enough golf, it might just be time to consider joining a golf club.
  5. Financial Advisor

    The Best Yacht Clubs in New York

    A manifest of the best gathering places for the maritime crowd in New York.
  6. Insights

    Fitness Industry Feels No Pain from Online Trends

    Workout clubs are expanding their footprints as other retailers struggle to keep their physical locations.
  7. Personal Finance

    Sam's Club vs. Costco: Which Has Better Deals? (WMT, COST)

    Costco and Sam's Club offer similar prices in all departments. The better wholesale club membership for you depends on your personal shopping habits.
  8. Investing

    Lending Club to Announce Earnings Oct. 27 (LC, GS)

    Lending Club enters its second year as a publicly trading company, adjusting its risk management to stem losses.
  9. Tech

    Lending Club Announces Layoffs And More Founder Malpractices (LC)

    The fintech startup, which fired its founder earlier this year, announced layoffs due to lower loan volume and said that its former CEO and his family took out personal loans.
  10. Managing Wealth

    Craft Beer Clubs – Bargain or Not?

    If you're an aficionado of artisanal brews (or would like to be), a beer club can be a palate-pleasing, albeit pricey, way to expand your hops horizon.
RELATED TERMS
  1. Savings Club

    A non-incorporated group that has opened some type of savings ...
  2. Advertising Club Of New York

    The main organization for communications professionals in New ...
  3. Forex Club

    A national association of wholesale foreign exchange professionals ...
  4. Country Club Billing

    A now-defunct billing system used by credit card companies up ...
  5. Christmas Club

    A short-term savings account that usually pays out the full account ...
  6. Network Marketing

    A sales strategy in which a salesperson attends meetings of organizations ...
Trading Center