The Millionaires' Club How to Start and Run Your Own Investment Club -- and Make Your Money Grow!

by
Edition: 1st
Format: Paperback
Pub. Date: 2000-05-05
Publisher(s): Wiley
List Price: $46.00

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Summary

"Individuals have found that investment clubs are a wonderful introduction to the stock market. The first step is to get started, and Carolyn Brown has made it easy."-Kenneth S. Janke, President and CEO, National Association of Investors CorporationThe Millionaires' Club expertly teaches the essentials of running an investment club. Comprehensive without being complicated, this easy-to-follow guide covers everything from choosing a broker and running effective meetings to investing online and analyzing your club's results. You'll discover how to start the club that works best for you.The Millionaires' Club will show you how to: Recruit members and develop an investment strategy Form your club's legal structure and design operating procedures Tackle record keeping and other taxing issues Research securities like the pros Use the Internet and the news to uncover helpful data Invest beyond the stock market-and build your own retirement portfolio Special Bonus To help you stay abreast of the latest business and money management information, Black Enterprise is pleased to offer: A free issue of Black Enterprise magazine A discount coupon for savings off the registration fee at Black Enterprise Events (See inside coupons for details.)

Author Biography

CAROLYN M. BROWN is a seasoned financial journalist and former senior editor for Black Enterprise magazine. Her publication credits include Your Company, Hispanic Business, Entrepreneur, and Essence. She currently runs a freelance/editorial services firm out of Plainsboro, NJ.

Table of Contents

Part I: How to Form an Investment Club
Introduction
3(3)
Think, Save, and Grow Rich: Getting Started
6(11)
All for One, One for All: Recruiting Members
17(12)
Great Minds Think Alike: Developing an Investment Strategy
29(11)
Serious Business: Forming the Club's Legal Structure
40(29)
Rules to Live By: Designing Operating Procedures
69(12)
Meeting of the Minds: Running Meetings Smothly and Effectively
81(11)
Seven Key Principles to a Profitable Club: Following the Right Path to Investing
92(12)
Sweat the Small Stuff: Recordkeeping and Other Taxing Issues
104(23)
Do You Need a Broker? Buying and Selling Securities
127(26)
Part II: How to Build a Prosperous Investment Portfolio
Grab the Bull by the Horns: Investing in the Stock Market
153(23)
Invest in What You Know: Researching Stocks Like the Pros
176(27)
Tools of the Trade: Using the Net and News to Find Data
203(25)
Thinking Outside the Box: Investing beyond the Stock Market
228(16)
Never Too Young to Invest: Building Youth Investment Clubs
244(13)
The Next Frontier: Learning to Invest on Your Own
257(18)
Epilogue 275(2)
Notes 277(4)
Index 281

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