Saga Share Direct Investment Clubs

Have you considered starting an investment club with your family and friends?

It could be a good way to earn from your talents, your experiences and your enthusiasms while enjoying some valuable time with your friends.

The principle is simple. A group of people get together, usually once a month for a couple of hours, and discuss potential stock market shares. Each member contributes some spare money, typically anything between £25 and £50 a month each, depending what you all feel comfortable with. The club then decides democratically which shares to buy and sell, based on careful and thorough research.

All members have a say, because everyone has their own unique area of expertise and knowledge in a variety of specialist fields. Eventually, the club will build a portfolio of shares and together the members share the experience of buying and selling, whilst learning how to turn their collective expertise into potential rewards.

There is no need to be financial wizards as the Saga Share Direct Investment Clubs starter pack will guide you each step of the way, whilst the actual share trading itself can be done on the club’s behalf using Saga’s low cost share dealing service. Please note, the secretary and treasurer must be over 50 years old.

Of course you will probably make some mistakes. Investments in shares can go down as well as up, and not every share will perform the way you hope, but we believe that is all part of the experience. There is nothing quite like the anticipation of checking the price of a share you own to see whether it has increased or reduced value and whether your skills have helped the savings of your club grow.

 

 

Starting a club is easy

  
 
  • Mention to two or three friends the idea of pooling together a small amount of money each month that can be invested in the stock market. You may find your enthusiasm is infectious and they will soon express an interest.
  • Make sure everyone realises that you don’t have to be a share-dealing wizard or know all there is to know about the stock market to be a valuable member. Everyone contributes their own specialist knowledge of life and work experiences, whilst all discussions are democratic.
  • Acquire the Saga Share Direct Investment Clubs starter pack for the special price of £15. It tells you everything you need to know about starting and running a club.

(See below for details about how to obtain your pack).

 
 

Running a club can be fun

  
 
  • Meetings are usually held monthly and have an agenda, which should be followed. But don’t think they are formal affairs. Far from it. With everyone getting a chance to contribute an opinion, there is often plenty of laughter and camaraderie to punctuate the proceedings.
  • Monthly subscriptions can be set so that membership is easily affordable.
  • Shares are researched by the members so that sensible decisions can be made as a group. Members may then become knowledgeable about the stock market and share-dealing. Soon the majority may well want to start their own personal portfolios in addition to that of the club.

Why not check out our demo to see more about online investing with Saga Share Direct?

  
     
 

Investment Clubs Starter Pack

 
 

To help you set up and run a potentially successful club, Saga Share Direct has produced a dedicated starter pack, which is available for just £15. This indispensable guide contains a wealth of useful information and guidance on a number of topics, from the legal aspects of running a club and making investments to how to research the stock market and value your portfolio. It even explains how to complete the paperwork involved.

The starter pack also contains a useful toolkit, which includes a glossary of investing jargon, strategies for defining your selection of shares and a checklist to help ensure efficient dealing.

To apply for a Saga Share Direct Investment Clubs starter pack, both the Secretary and the Treasurer of the club must be aged 50 or over.

If you would like further details about Saga Share Direct Investment Clubs, or would like to obtain a copy of the Saga Share Direct Investment Clubs starter pack, please call

0800 559 3196, quoting reference 5054S, and ask for the Saga Share Direct Investment Clubs information booklet and order form.

  
     
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Please note that this service is execution-only, which means that Saga Share Direct does not offer advice. Shares are risk investments; share prices and the income from them can fall as well as rise and you may not get back the full amount invested. This service is not suitable for everyone. If you have any doubt as to whether it is suitable for you, you should obtain expert advice.

This service is operated for Saga Personal Finance Limited by Barclays Stockbrokers Limited (BSL). Saga Personal Finance Limited and BSL are authorised and regulated by the Financial Services Authority (and entered in the Financial Services Authority's register at www.fsa.gov.uk/register ). BSL is a member of the London Stock Exchange and PLUS.

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