The Club Hub: Investment Club Learning Center
How to Start and Run an Investment Club

Learn how to start and run a successful investment club from Doug Gerlach, America's Investment Club Expert. Doug, the author of five books (including Investment Clubs for Dummies), has helped tens of thousands of clubs and their members to become smarter investors using sound, long-term stock investing strategies and common-sense guidelines for club operations. The "Club Hub" is a complete library of articles on starting and running an investment club written by Doug and his fellow club experts.

Getting Started
What is an Investment Club? There's nothing mysterious about an investment club. Here's a good introduction to investment clubs.		Top 3 Steps to Starting an Investment Club Here are three easy steps to getting an investment club rolling: Legal setup, the club books, and setting up a brokerage account.
Starting an Investment Club This article includes all the tips and tricks to get your club off the ground without a hitch.		Your Initial Letter Want to ask your friends to join but don't know how? This non-invasive letter will put a fun spin on starting an investment club.
Starting an Online Investment Club Learn the differences between traditional and online clubs - and learn the ins and outs of cyberspace clubs.		A Partnership - Really? Here is a little detail on why a partnership may be the best legal form when starting an investment club.
Warning, Warning Learn about some key pitfalls to avoid when starting on your investment club adventure.		Silent Partners? Some detail on whether or not your investment club can, or should have silent partners as members.
Finding an Investment Club Having trouble finding an investment club to join? This article will help you tackle the task of finding the best club for you.		Setting Initial Goals for Your Investment Club Successful investment clubs have goals that make sense - and stick to them!
Essentials for Starting an Investment Club
Sample Partnership Agreement This sample investment club partnership agreement will give you the edge in starting your club legally and correctly in your state.		Sample Bylaws/Operating Procedures Tough figuring out the details of investment club procedures? Your not alone. These sample bylaws will help.
The Mission Statement A solid mission statement will make sure all partners are on the same page when starting an investment club - this is a must!		Fun and Education Remember, being a part of an investment club means much more than making a profit over the long-term.
Sample Meeting Agenda and Minutes A sample meeting agenda and minutes for an investment club.		Investment Club Accounting Having trouble understanding unit valuation? This article will help you figure out your club accounting and where to go for help.
Maintaining Your Investment Club
Adding New Members Did you have a member leave recently - need to fill his or her space? Maybe you would like to increase contributions? Here is more on adding new members.		When to Sell Your Stock Selling in an investment club can be one of the most difficult tasks to undertake. Remember, it's only buy-and-hold if it makes sense.
Club Hardship Having trouble coming up with monthly club payments? Investment Club hardship may be for you.		Running an Organized Meeting One of the biggest struggles mentioned by club presidents.
Getting Fear out of Your Club Be careful when fear creeps into your club atmosphere. You never know what could happen.		Preparing For Your Club's Annual Audit There are a few things you must remember when completing your club's annual audit. Our free Investment Club Audit Checklist can help.
Should Your Club Have a Business Plan? Are your bylaws and mission statement enough, or do you need more?		When Should Members Be Allowed to Join or Leave a Club? Ah, a very important question. Find out the answer.