Investment Clubs, better know as “Chama” are a good way to venture into the market.
Most investment clubs are formed by a group of friends, co-workers, neighbors etc. The basic idea is to get people who have similar goals and objective to avoid a lot of conflict later on.
What are the advantages of being in an investment club?
You don’t need a lot of money to start. The little money each member contributes quickly adds up to a lot. Every shilling counts!
You get to pool your funds and reduce the individual risk associated with investing.
The combined knowledge of group members can prove to be vital. Imagine having members from banking industry, advertising, manufacturing, transport, finance etc. The wealth of information can be priceless.
You get to set your own rules and are compelled to follow them. How many times have you promised yourself to do something and up to now haven’t done it? Many I guess. How many times have you promised a friend to do something and failed to do it? Few I bet.
Decisions about investments are deliberated and agreed upon by people with different investment perspectives and may result in profitable investments.
With the unlimited gain potential and limited losses (until you money gets to 0 bob) of the markets, you can easily grow this money into a substantial amount.
Set realistic long term goals. Investment clubs take time and effort before you can reap their benefits. But when you do, it will be worth it. Ever heard of the Tran-century Group?
Have regular meetings to discuss your investment objectives and the direction the club is taking. And don’t meet in pubs. Trust me.
As the age old adage goes: There is strength in numbers.
Go on, call your buddies, start a club.
ps. You can download this ebook. It will guide you in starting your own investment club.
Its the same book two different links. Just in case one doesnt work. Enjoy.
http://s21.quicksharing.com/v/3832056/InvestmentClubProfits.pdf.html
http://www.mediafire.com/?0wlzjklkngx
Subscribe to:
Post Comments (Atom)
6 comments:
I got a qusetion on the investment club.
If the members are of a substancial number and their contribuitons are above minimal amounts, in turn, their amount contributed are huge.
The individuals or members acting as fund managers, finding avenues for investinng; are they required by law for some kind of certification, on the basis that they are collecting cash from the people, just as the way CBK regulates company's that collects money from the public. Would there be any kind of regulation reqiured.
Then, can an investment club have as many people as 1000 who are not physically known to each other but have a common face to all of the, for instance the managers or founders?
1. If you have a large number of members, the running costs of the membership will high. So be careful with that one.
2. Collective investment schemes are required to have certification from the Capital Market Authority. However, you can navigate this law by setting a structure where the club is a private club, where members pay a fee to join. This is how DECI and co. have been structured.
3. An investment club can have as many people as you may wish. Bear in mind the logistics of handling money for 1000+ members.
I hope this answers your questions.
I am a keen reader and follower of the blog and I have to say wow!! Now that is educational I wish more people get to read it and put it into practice. I am fascinated. In this time and age where people earn meagre salary and can barely meet their basic needs, leave alone have some loose change in the pocket to save I think investment club is the answer to thier/our investment problem. A few people coming together boosting each other to make some monthly contribution and investing the same is more than many of us could think.
I am certainly calling my friends up and I hope we could share this idea with our fellow youths so that we could invest together and make our country a better place-financially stable. Because I honestly think if we could pull our resources together we could be big time investors not only in our country but also abroad, it might take 5 to 10 years but trust me when Iam 35 I don't want to look back and wish I had joined an investment club. so you play your part i play my part and give our kids a better life.
Thanks invest and grow blog team, continue with the good work.
Libby.
Good day !.
You re, I guess , probably curious to know how one can collect a huge starting capital .
There is no need to invest much at first. You may begin to get income with as small sum of money as 20-100 dollars.
AimTrust is what you haven`t ever dreamt of such a chance to become rich
The firm represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
Its head office is in Panama with offices everywhere: In USA, Canada, Cyprus.
Do you want to become really rich in short time?
That`s your chance That`s what you really need!
I feel good, I began to get income with the help of this company,
and I invite you to do the same. If it gets down to choose a proper partner who uses your savings in a right way - that`s the AimTrust!.
I make 2G daily, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://jupybyqij.arcadepages.com/gitylyp.html
and lucky you`re! Let`s take our chance together to become rich
Hello !.
might , probably very interested to know how one can collect a huge starting capital .
There is no need to invest much at first. You may start to receive yields with as small sum of money as 20-100 dollars.
AimTrust is what you thought of all the time
The firm incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with structures around the world.
Do you want to become an affluent person?
That`s your choice That`s what you wish in the long run!
I feel good, I began to get income with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct companion who uses your savings in a right way - that`s it!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to get involved , just click this link http://nixokoceg.uvoweb.net/acoqyg.html
and lucky you`re! Let`s take our chance together to get rid of nastiness of the life
Good day, sun shines!
There have were times of troubles when I felt unhappy missing knowledge about opportunities of getting high yields on investments. I was a dump and downright stupid person.
I have never thought that there weren't any need in big initial investment.
Nowadays, I'm happy and lucky , I started take up real money.
It's all about how to select a correct partner who uses your funds in a right way - that is incorporate it in real business, parts and divides the income with me.
You can ask, if there are such firms? I have to answer the truth, YES, there are. Please be informed of one of them:
http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]
Post a Comment