-
Step 1
Put out feelers among people you know. Those you know well do not need any level of investment knowledge, but they should be willing to learn.
-
Step 2
Determine how the group will run. Investment clubs are serious because everyone's money is involved. Create a legal structure for the group and create by-laws. These by-laws should address contributions, withdrawals, delinquencies, membership and other key issues.
-
Step 3
Hold an informational meeting. Once you have enough members who have expressed interest, get everyone together through a conference call or instant messaging program to ask questions and cover the basics of the club.
-
Step 4
Set up a secured website with a private forum for group members to communicate. This site must include information about the current investments, including links to company websites.
-
Step 5
Get agreement from people who want to join. Make sure everyone who decides to join agrees with the by-laws. Get appropriate forms signed and start investing.










