FOOL'S SCHOOL DAILY Q&A

Investment Club Resources

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By Selena Maranjian (TMF Selena)
March 6, 2003

Q. Where can I learn more about investment clubs?

A. Bravo for wanting to learn more about clubs. Investment clubs have a lot to offer both new investors and seasoned ones. Newbies can learn together, sharing insights and resources, and wading into the investing pool with small amounts of money.

Sophisticates can take advantage of leverage. If each member of a 12-person club researches and reports on four companies per year, each member will have access to detailed information on nearly 50 companies.

Understand, too, that you don't even have to invest your money together. If your club has enough discipline, you can just meet regularly to learn and/or study companies, and then go home and make investment decisions on your own.

Here are some websites that will offer you a lot of good information on clubs:

And some books:

An additional way to get some research on interesting companies is to subscribe to one or more Fool offerings. If you're interested in receiving a handful of promising, detailed stock ideas each month, consider subscribing to our Motley Fool Select. (There's a money-back guarantee, so you've got little to lose.) Another newsletter to consider is Fool co-founders David and Tom Gardner's Motley Fool Stock Advisor. Each month, it delivers stock ideas from the brothers that you can mull over or act on, plus some educational commentary.

If you have any questions, thoughts or opinions on this column, share them with others on our Ask the Fool discussion board.

This question and answer is adapted from The Motley Fool Money Guide: Answers to Your Questions About Saving, Spending and Investing. For answers to this and 499 other common money questions, check it out -- it's a handy resource.