Starting and Running a Profitable Investment Club

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The 33,000 investing clubs in the United States have 400,000 members -- and the number continues to grow. In any year, investment clubs beat the market about 60 percent of the time, as compared with only about 35 percent for mutual funds.As the Beardstown Ladies have shown, you don't need an MBA or a direct line to Wall Street to invest successfully. Investment-club members multiply their stock-market know-how and greatly increase their chances of picking winners -- without having to devote endless hours to research. In this guide, the National Association of Investment Clubs makes available its proven methods that can be used by anyone, no matter how much or how little experience they have.