Step 1 – Finding Members

          Once you have the basic information gathered together about why you should start an investment club, and the requirements that members should have, you’re ready to take the first step towards officially starting your investment club.  

          You’ll need to find members to join your club and you can achieve in this a number of ways. 

          If you have one or two friends who have shown a mutual interest in the stock market or bond market you can approach them to join your investment club.  

          You can find other people who are interested in joining in your club by advertising in the newspaper or by posting notices on community bulletin boards. 

          The important thing to remember is that you want to attract people who have an interest in learning more about the stock market while they invest small amounts of money.

          You shouldn’t be too concerned if the majority of the people who have expressed an interest in joining your club are all new to the stock market.  In fact, this can be a good thing that your club is composed of people who have no real expertise in the market. 

          People who have prior experience with the stock market may quickly become frustrated dealing with amateurs. 

          Don’t be too worried about being part of a group of people that have no experience since there are many resources that are available to help you learn about investing and the process that you need to follow.