Excellent Christians Investment Club
korededavid@yahoo.com, 08033979979
November 14, 2007
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Introduction to Investment Club Membership.
We are in the process of starting an Investment Club. Yes, that's right. The great thing is that we would like you to be one of the founding members.
You may be thinking right now that you know nothing about stocks or investing, so you can't join. That's the beautiful thing about this investment club. We are all relative novices at investing, so we can all learn together in an Investment Club.
But you don't have enough money. No problem there either. At our first meeting we will decide on monthly payments, but they will be no more than N5, 000 per person per month.
But you don't have the time? We will have one meeting per month that will last about 1' to 2 hours. You will be expected on occasion to do some stock research. We will all learn how. That may take a couple hours at first, then about an ' hour when you know what to do.
All the rest of the details we can figure out later. We both want this to be an interesting activity where we can all learn together, and, make some money in the stock market without much risk involved.
The date for the Introductory Meeting will be advice later. As soon as we conclude on this, DATE, TIME and ADDRESS will be forwarded to you.
We look forward to receiving your notice of interest so as to reserve a space for you in the club sit as we are considering a limited number of people for the start up of this club. You could send your Notice through text message to 08033979979 or email korededavid@yahoo.com.
It is important to let you know that NO MONEY WILL BE NEEDED AT THE FIRST MEETING.
Looking forward to hearing from you’ this will be great!


[b]Things to know.[/b]An investment club is a group of people who pool their money to make investments. Usually, investment clubs are organized as partnerships and, after the members study different investments, the group decides to buy or sell based on a majority vote of the members. Club meetings may be educational and each member may actively participate in investment decisions.
Investment Clubs are run under the following simple rules, and can be modified in many ways: an Investment Club is a group of 12-15 people, usually organized as a legal partnership. The Club has officers, and each member is expected to participate by:
1. attending each monthly meeting;
2. making a minimum monthly contribution, usually N2,000 or so (but you could contribute more);
3. Researching and following the progress of a particular stock or family of stocks that the Club has bought or is considering for purchase.
The Club's portfolio is determined by the members; a designated member deals with the Club's broker to execute buy and sell orders; the value of each member's share is determined by his/her capital contributions to the Club and the total value of the Club's portfolio. There is a clear Club accounting guidelines and software that will help with the bookkeeping, and make it possible to keep track of partners who invest different amounts each month. An Investment Club depends on the involvement of all its members; remember, there are no silent partners in successful Clubs.
At the minimum monthly contribution level of N3, 000, almost anyone can participate in an Investment Club. The only requirements are a willingness to work and participate; and the ability to get along with the other members of the Club. As a legal partnership, you should approach the idea of a Club as going into business with fifteen people -- all fifteen have to be people you trust and people who will trust you in return.
It may also interest you to know that an Investment clubs usually do not have to register, or register the offer and sale of their own membership interests, with the SEC. But since each investment club is unique, each club should decide if it needs to register and comply with securities laws.
Since the Securities Act requires the registration of the offer and sale of most securities, the investment club must first decide if its membership interests are "securities." Generally, a membership interest is a security if it is an "investment contract."
Generally, a membership interest is an investment contract if members invest and expect to make a profit from the entrepreneurial and managerial efforts of others.
If every member in an investment club actively participates in deciding what investments to make, the membership interests in the club would probably not be considered securities. If the club has any passive members, it may be issuing securities.
Sometimes offers and sales of securities do not have to be registered because they are exempt under the law. For example, a non-public offering is exempt.
An investment club must register with the SEC as an investment company under the if all of the following three conditions apply:
1. the club invests in securities,

2. The club issues membership interests that are securities

3. The club is not able to rely on an exclusion from the definition of Investment Company.
For example, a "private investment company" may not need to register with the SEC. To qualify, an investment club
• must not make, nor propose to make, a public offering of its securities, and

• must not have more than 100 members
An announcement that a club is looking for new members might be considered a public offering, but this is determined on a case-by-case basis. An attorney with experience in securities law can help the club determine if its membership interests are securities, and if the club is making a public offering of those securities.
If the adviser is compensated for providing the advice regarding the club's investments, the adviser may need to register according to the Investment Advisers Act. Also, if one person selects investments for the club, that person may have to register as an investment adviser.
In general, a person who has N25 million or more in assets under management is required to register with the SEC under the Investment Advisers Act.
A person managing less than N25 million may be required to register under the securities laws of the state or states in which the adviser transacts business.
Both the Investment Advisers Act and many state laws do not require registration for advisers with a small number of clients
money back') of most Clubs will often be less than the capital contributions of its members during the first year or two. That is to say, investing in the stock market is a long-term proposition, and you may only see your contribution increase in value after the first year or so of a Club's operation.
You should expect to make a long-term commitment, and the partners usually decide to include a clause that addresses the early withdrawal of funds (other than in the case of unusual circumstances).
Most Club members also eventually begin their own individual portfolios, armed with the knowledge and skills they gain from belonging to the Club.

Warning:
Before you join an investment club, you should definitely take a look at your finances. If you have any free capital that is not used for bills, payments, and so on, you might consider investing. However, if you are in severe debt, you probably shouldn’t join an investment club, as the odds are you will lose money before you begin to gain any. Our best advice: do not invest beyond your means!
Some Mutual benefits In Investment Club.
Personal risk is low. Even though the money that your club has to invest can be quite large, your own personal contribution can be very minimal. This way you’re not risking a lot of your money while you learn how the stock market works. You can still make some great investments but your loss factor will be manageable for you. Keep in mind that when your club makes a profit, no matter how small, the amount must be distributed throughout the investment club membership.
More room for profit. Recent studies of investment clubs show that when a group of people make investment decisions after a series of discussions and debates, the potential for profit is greater than when individuals make their own decisions about where and how to invest their money.
Similar interests. Members of an investment club enjoy getting together on a regular basis to discuss the investment market and to learn more about a subject that greatly interests them.
Invest regularly. Investment clubs have the ability to invest in the stock market even when the market is dropping or is slow. Because the money in spread out among a group of members the room for huge personal loss doesn’t exist.
Reinvest. Since most members are part of an investment club for fun, and to learn more about the stock market, there will be more room for reinvesting the gains and dividends that are earned from successful investments. When you invest on your own you won’t be as willing to part with earned investment money and reinvest everything that you gain.
Spread out investments. When you’re investing with a group of people you can diversify your investments and not limit yourself to just one or two market choices.

For who?
Starting out. If you’ve always wanted to invest in the stock market but been reluctant to lose large sums of money because you don’t know what you’re going to do, then an investment club is great for you since you can be part of a large investment team.
Low investments. If you only have a small amount of money to invest each month, such as N3000 to N5,000, then an investment club is perfect for you. You can invest small amounts of money into the larger combined total of the entire club.
Investing education. If you’ve always wanted to learn more about investing in the stock market, but you keep putting your interest aside, an investment club is a great way to inspire you to attend meetings and learn more about how to invest.
Socializing. Getting together with a group of people with similar interests is an enjoyable way to learn about something that you’ve always wanted to be knowledgeable about.
Inspiration. When you can safely work with people with similar interests you’ll be inspired to take chances and learn as much as you can about investing.

Our goals are:
• To learn about investing in stocks
• To make a return on investments.
Objectives:
i. To make profit through stock marketing.
ii. To ensures safety of capital by divesting into money marketing.
iii. To sustain the club through investment in real Estate and involve in other Business ventures.
iv. Our investment horizon are in Short, Medium or long term.

This is a very lovely and erudite idea . I was actually reading a book by two great minds that had one message which is expanding on my financial knowledge to be very rich and retire well! Please kindly forward details to my email : Mcdons205@gmail.com . thank you!