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Investor Clubs are finding favour with a growing community of investors disillusioned with high fees and poor results.
Learning to evaluate and manage their own options in a risk-free environment (a small contribution from each club member is pooled each month and this amount is used to gain live experience on the markets. Decisions are made democratically by the group under the watchful eye of a mentor). Eventually, when the investor club member feels comfortable enough to leave the coop, they set up their own personal trading accounts and manage their own investments. There are stories of ex-club members enjoying so success on their own that they have retired early or purchased their bucket list businesses.
The success of each investor club is partly due to the club mentor having his or her own ‘skin in the game’.
Take a listen to this episode of Its My Money to find out more.
We hope you enjoy this episode. As usual, if you have questions for Papa Tony or Dave please email us at [email protected]and subscribe and share with a friend if you enjoyed this show.
Thanks for listening folks.
Remember, nothing you hear on the show should be construed as investment advice.
By Papa Tony & Dave Labarthe - moderated by Andy MarkInvestor Clubs are finding favour with a growing community of investors disillusioned with high fees and poor results.
Learning to evaluate and manage their own options in a risk-free environment (a small contribution from each club member is pooled each month and this amount is used to gain live experience on the markets. Decisions are made democratically by the group under the watchful eye of a mentor). Eventually, when the investor club member feels comfortable enough to leave the coop, they set up their own personal trading accounts and manage their own investments. There are stories of ex-club members enjoying so success on their own that they have retired early or purchased their bucket list businesses.
The success of each investor club is partly due to the club mentor having his or her own ‘skin in the game’.
Take a listen to this episode of Its My Money to find out more.
We hope you enjoy this episode. As usual, if you have questions for Papa Tony or Dave please email us at [email protected]and subscribe and share with a friend if you enjoyed this show.
Thanks for listening folks.
Remember, nothing you hear on the show should be construed as investment advice.