You can think of an investment club as a small-scale mutual fund where decisions are made by a committee of non-professionals. The world's first investment club was established in Texas in 1898, back in the days of the Wild West when few investments could be considered safe. Investment clubs were seen as an ideal way of spreading the risk - away from just cattle. NAIC . . . more »

You can think of an investment club as a small-scale mutual fund where decisions are made by a committee of non-professionals. The world's first investment club was established in Texas in 1898, back in the days of the Wild West when few investments could be considered safe. Investment clubs were seen as an ideal way of spreading the risk - away from just cattle. NAIC . . . more »