Cover image for The millionaires' club : how to start and run your own investment club, and make your money grow!
The millionaires' club : how to start and run your own investment club, and make your money grow!
Brown, Carolyn M.
Personal Author:
Publication Information:
New York ; Chichester : Wiley, 2000.
Physical Description:
256 pages ; 23 cm
Subject Term:

Format :


Call Number
Material Type
Home Location
Item Holds
HG4532 .B76 2000 Adult Non-Fiction Non-Fiction Area
HG4532 .B76 2000 Adult Non-Fiction Family Viewing

On Order



"Individuals have found that investment clubs are a wonderfulintroduction to the stock market. The first step is to get started,and Carolyn Brown has made it easy."-Kenneth S. Janke, Presidentand CEO, National Association of Investors Corporation

The Millionaires' Club expertly teaches the essentials of runningan investment club. Comprehensive without being complicated, thiseasy-to-follow guide covers everything from choosing a broker andrunning effective meetings to investing online and analyzing yourclub's results. You'll discover how to start the club that worksbest 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 operatingprocedures
* 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 retirementportfolio

Special Bonus
To help you stay abreast of the latest business and moneymanagement information, Black Enterprise is pleased to offer:
* A free issue of Black Enterprise magazine
* A discount coupon for savings off the registration fee at BlackEnterprise Events
(See inside coupons for details.)

Author Notes

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
Introductionp. 3
Chapter 1 Think, Save, and Grow Rich: Getting Startedp. 6
Chapter 2 All for One, One for All: Recruiting Membersp. 17
Chapter 3 Great Minds Think Alike: Developing an Investment Strategyp. 29
Chapter 4 Serious Business: Forming the Club's Legal Structurep. 40
Chapter 5 Rules to Live By: Designing Operating Proceduresp. 69
Chapter 6 Meeting of the Minds: Running Meetings Smoothly and Effectivelyp. 81
Chapter 7 Seven Key Principles to a Profitable Club: Following the Right Path to Investingp. 92
Chapter 8 Sweat the Small Stuff: Recordkeeping and Other Taxing Issuesp. 104
Chapter 9 Do You Need a Broker? Buying and Selling Securitiesp. 127
Part II How to Build a Prosperous Investment Portfolio
Chapter 10 Grab the Bull by the Horns: Investing in the Stock Marketp. 153
Chapter 11 Invest in What You Know: Researching Stocks Like the Prosp. 176
Chapter 12 Tools of the Trade: Using the Net and News to Find Datap. 203
Chapter 13 Thinking Outside the Box: Investing beyond the Stock Marketp. 228
Chapter 14 Never Too Young to Invest: Building Youth Investment Clubsp. 244
Chapter 15 The Next Frontier: Learning to Invest on Your Ownp. 257
Epiloguep. 275
Notesp. 277
Indexp. 281