One of the hottest trends currently evolving, investment clubs are groups of ordinary people who pool their money to invest in the stock market. This easy-to-understand guide reveals the secrets of some of the country's leading clubs, explains how to start and run an investment club, offers savvy tips on building a portfolio, and more.
Author John F. Wasik claims his book is more "informational" than "a fun read," but I'd have to disagree. While Wasik packs in the material (this book is nothing if not comprehensive), the most compelling part of the book to me is the "true life stories" of successful clubs and successful club members. The book never reads like some inspirational Reader's Digest, though, as Wasik lets the clubs tell their own stories, stepping aside to allow the reader to soak up hundreds of collective years of club experience as related by otherwise-average individuals from all across the country. Wasik may well be the most accomplished writer of all the investment club book authors, and he approached the book with the proper reporter's objectivity. Still, it's clear that he is impressed with the success of the investment club concept, and by the members profiled in The Investment Club Book. For readers interested in the answer to the question, "why start an investment club," this book provides the answer.
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