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 Open Shelf

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

The Millionaires′ Club expertly teaches the essentials of running an investment club. Comprehensive without being complicated, this easy-to-follow guide covers everything from choosing a broker and running effective meetings to investing online and analyzing your club′s results. You′ll discover how to start the club that works best 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 operating procedures
∗ 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 retirement portfolio

Special Bonus
To help you stay abreast of the latest business and money management information, Black Enterprise is pleased to offer:
∗ A free issue of Black Enterprise magazine
∗ A discount coupon for savings off the registration fee at Black Enterprise 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