Ten Steps toward Success

1. Hold an initial meeting Invite people who may be interested in joining a club.

2. Choose club members Select people you know, choosing from family, friends, co-workers, etc.

3. Enroll your club with BetterInvesting and obtain education materials and resources.

4. Elect officers President, Vice President, Secretary, and Treasurer.

5. Complete the general partnership agreement Make sure everyone signs and gets a copy.

6. Prepare a draft of club operating procedures

7. Register your club with the federal and state government Complete IRS Form SS-4.

8. Open checking and brokerage accounts Consider your local bank or credit union, and a discount or online brokerage firm.

9. Start your monthly club meetings and educational program

10. 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.

If you need help, BetterInvesting has a network of local volunteers who are eager to help you. Click here to see a list of Chapters in your area.

Or contact BetterInvesting at service@betterinvesting.org

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

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

Investment Club Operations Handbook

Stock Selection Handbook

Introduction to Successful Investing Handbook

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