Seven Keys to a Profitable Club:
Key #1. Practice Dollar-Cost sharing
Dollar-cost sharing means that whether the stock market is in a boom or bust, the members of FFIC
will invest a set amount of money in the market each month. More shares will be bought when the prices drop and fewer
shares when the prices go up.
Key#2. Invest in Growth Companies
Invest in companies whose sales and earnings are increasingd faster than their industries in general
Key#3. Diversify Investment
A club should invest in different-sized companies in different industries.
Key#4. Create Study Teams
Key#5. Reinvest All Earnings and Dividends
Key#6. Evaluate the Club's portifolio
Key#7. Be Patient and Invest for the Long Term
This information was obtained from:
The Millionaire's Club: How to Start and Run Your Own Investment Club and make your money grow
by Carolyn M. Brown
