If you want to start investing from the comfort of your own home, but aren’t sure how to get started, one way is using investment clubs or groups. Members each contribute about $25 per month, and thus have more buying power because investing resources are pooled. An online investment club takes special safeguards to make sure that the treasurer doesn’t run off with your money.
One place to start is at the non-profit, volunteer-based www.betterinvesting.org. You can discuss investing issues with other members in the members-only area and take advantage of the educational curriculum. The organization offers a free 30-day trial to help you get started.
If real estate investing is more your thing and you’d rather meet people in person, you can find a local real estate investment club at www.reiclubdirectory.com. Don’t be shy about being new to a club – remember, everyone else was new to investing at one point, too.
Even better, have you thought about starting your own investment club? There are plenty of resources on the web to help you start your own group, and that way you could define the club on your own terms. At www.facebook.com, you can easily find friends and friends of friends who have similar financial interests and goals.
Investment clubs are not only great for networking and researching investing options – they’re also fun and offer plenty of socialization opportunities. Investing may seem daunting until you sit down with others and discuss stocks in an organized fashion.