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Why Start a Club?

Straight off the top of your head you can think of a dozen reasons for starting an investment club. Here are just a few:

Low risk
Pooling a relatively small amount of money with others every month will be an ideal way to gain hands-on experience of how the stock market works.

Informed investments
The collective brain power and experience of people who each have knowledge and experience of different market sectors will produce opinions and information that will guide you to sensible decisions.

Spread the load
Carrying out research into potential investments can be structured and spread amongst the membership.

Profit opportunities
Surveys show that collective investment decisions based on discussion and democratic choice are more likely to produce sustained profits.

So now let's consider a few of your worries:

Who else will join?
You are not sure how your friends will react when you mention the idea of starting a club. Answer: Test it out on two or three people. We guarantee you will get 100 per cent enthusiasm.

Lack of knowledge
You don't know enough about how the stock market works or how to choose the right shares. Answer: ProShare Investment Clubs and the resources of Digital Look will guide you every step of the way. Hands-on investing will mean you learn quickly and you will soon become sophisticated investors.

Who's going to do all the work?
Perhaps you are not good at book-keeping or taking minutes, or you don't fancy being chairperson. Answer: You'll find members who are willing to do the jobs that don't appeal to you. And with the software and club portfolio management systems provided by PIC and your brokers no officer's job should take more than an hour a month.

What about the tax forms? And how do we pay out if a member leaves or dies? How do we do research? What sort of bank account do we need?
Lots of questions. Lots of answers: They are all in the PIC Manual.

So there you go - no excuse. Send off for the Manual today. It's a decision that will change your life.