Giving back

I feel it is VERY important to help others, so I will be donating AT LEAST 10% of all profits generated from this site to help in Humanitarian Aid around the world.

Thursday, May 21, 2009

Investing clubs

I have been researching recently about investment clubs, what they are and how they operate. I have come to realize that they are a really good idea for novice investors. I am currently locating a club to join in my area.

One thing nice about them is that you can get started investing for a very low monthly investment of between $25-$100 per month depending on the club.

They offer you a chance to learn about investing from other club members and to own a nice portfolio of stocks that you could not afford to own on your own.

The NAIC (National Association of Investors Corporation) is the governing body for investing clubs in the US. They are a non-profit organization dedicated to increasing investors knowledge and to help people become better investors. Their system of picking stocks has beat the market over the 55 years of their existence.

Their website is http://www.betterinvesting.org/ They have so much stuff on the site it is unreal. It is really worth the $6.95 per month to become a member. I joined today and have started to look through all they offer on the site.

Here are some of the top companies that investment clubs across the country invest in:

General Electric
Stryker
Walgreens
Cisco
Johnson and Johnson
Microsoft
Aflac
Lowes
Pepsi
Starbucks

Those are the top 10 stocks held by investment clubs in the US.


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Link to the 1st post in this series that has links to all the other posts:

My quest for financial freedom: Back ground for this quest

Main link to this blog:

http://quest-for-financial-freedom.blogspot.com/