Better Investing - Getting Started

BetterInvesting offers guidelines, tools and support for organizing and operating investment clubs, as well as stock study procedures published in both print and online formats. BetterInvesting's tools will help you organize your club and assist you in becoming a better investor. Many cities have BetterInvesting regional chapters. These chapters are managed by BetterInvesting member volunteers, who assist other members and clubs by hosting educational seminars, workshops and events. The following list of suggested resources and tools will help you get started on the road to becoming a better, educated investor.

ENROLL YOUR CLUB:

Choose club members Select people you know, choosing from family, friends, co-workers, etc.
Enroll your club with BetterInvesting and obtain education materials and resources. Or, fill out the Club Membership Application and mail or fax it to BetterInvesting.
Hold an initial meeting Invite people who may be interested in joining a club.

GET SET-UP:

Elect officers President, Vice President, Secretary, and Treasurer.
Complete the general partnership agreement Make sure everyone signs and gets a copy.
Prepare a draft of club operating procedures
Register your club with the federal and state government Complete IRS Form SS-4.
Open checking and brokerage accounts Consider your local bank or credit union, and a discount or online brokerage firm.

START INVESTING:

Start your monthly club meetings and educational program
Use BetterInvesting Regional Chapter and online resources to stay connected to fellow members of the BetterInvesting community.

A copy of the Investment Club Operations Handbook is a good place to begin. This book guides you through the process of forming and operating a club

Like the first time you jumped off a diving board, the waters of investing can be a little scary. That's why a club is the perfect opportunity for you to get your feet wet. With the right attitude and the help of BetterInvesting, not only can you be a member of a club, you can start one of your own. The pool is open; it's time to get into the swim of investing.

Contact BetterInvesting at service@betterinvesting.org or call a Member Services Representative at 877-275-6242

Jump in. Start a club. Enroll Today!

Here are some resources that have helped many BetterInvestment members successfully start investment clubs.

ARTICLES:

So, You Want To Start An Investment Club? by Lynn Ostrem

Why "Everyone is an Equal Partner" Doesn't Work by Herb Barnett

When the Wrong Member Joins your Club by Doug Gerlach & Angele McQuade

BOOKS:

Investment Club Operations Handbook

Stock Selection Handbook

Introduction to Successful Investing Handbook

SOFTWARE:

Club Accounting 3

Enter your zip code to locate the local BetterInvesting Chapter in your area. BetterInvesting Chapters provide education and information through local workshops and seminars.