Chapter 21
Investment clubs
Investing can be great fun. Looking for bargains unrecognised by the mass of investors, buying them and following their fortunes is exhilarating. Some people become so enthusiastic about investing that it becomes a hobby as well as a way of building up capital. It can be even more exciting if you can share the ups and downs, triumphs and disasters with fellow enthusiasts.
Investment clubs are groups of people who each contribute a few pounds per month (usually £25 to £40), which is then pooled to buy shares for the club. There are thousands of investment clubs in the UK, with over 100,000 members.
The social aspect is very important – most members of a club are friends or work colleagues, and about half of the ...
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