Comments on: The Investment Club

By: J. Money

J. Money — Mon, 31 Oct 2022 10:56:59 +0000

In reply to Ugo. yes! great points on both!

By: Ugo

Ugo — Fri, 28 Oct 2022 20:26:47 +0000

I will also add that in starting an Investment Club the group would need to set a mindset as to whether they are going to act like a business or a club. These are totally different mindsets and could lead to differing By-Laws and policies.

We started ours more like a business, but I think we act more “club-like”. I think it would be beneficial to decide up front.

Lastly, in setting up an investment group, the members gain what it is like to start a business and what it is to maintain one. GOOD skills to have in life!

By: J. Money

J. Money — Wed, 26 Oct 2022 11:26:20 +0000

In reply to Rita. Adding you to the list if it ever comes to fruition! :)

By: Rita

Rita — Wed, 26 Oct 2022 06:31:28 +0000

Hi J.,

Yes, start an investment club. I’d like to be in it. We could do it by Zoom.

By: J. Money

J. Money — Mon, 24 Oct 2022 13:50:42 +0000

In reply to Kalen Houck. The whiskey could work for any type of meetings, really ;) Should be mandatory, in my book!

By: Kalen Houck

Kalen Houck — Sat, 22 Oct 2022 08:52:56 +0000

Love this idea! I’ve never thought about investing in a group before. I’m sure it presents some unique challenges, but it seems like it would have way more pros than cons when considering the value of the “mastermind”.

I’m also digging your idea about bringing a bottle of whiskey for post-meeting conversations :)

By: J. Money

J. Money — Wed, 19 Oct 2022 11:16:01 +0000

In reply to J "from the club". Hey! Thanks for stopping by the site and congrats on all the success so far with the club! Super inspirational! Went ahead and added that book into the post so others can find it and hopefully be helped by it too... Y'all are awesome.

By: J "from the club"

J "from the club" — Tue, 18 Oct 2022 23:44:49 +0000

Thanks for sharing our story J. Money!

I’m the ‘J’ that Ugo mentioned in the story and just wanted to add that we started selecting our investments by using “The Little Blue Book That Beats The Market” by Joel Greenblatt. It helped us to have a strategy that we all agreed to follow before we started creating different portfolios with other strategies.

Appreciate your content and feel free to reach out if you have any other questions. Thanks!

By: J. Money

J. Money — Tue, 18 Oct 2022 22:01:14 +0000

In reply to Jim.

If you do, you’ll have to let us know about it! I think it would be even *more* helpful for the younger gen…

(Though you may have to lower the “buy in” for membership dues 😎)

By: Jim

Jim — Tue, 18 Oct 2022 14:53:25 +0000

Fantastic post J! What a way to meet like-minded folks and grow a portfolio. I often thought about doing this with young people to try to get them into investing at a young age, but haven’t gotten that off the ground yet, maybe this will be my motivation. Thanks for sharing!