How about somebody trying to help me with my problems instead of threatening me with a permanent ban. So is your choice of club officers. I don't like anything where you have to pay to join, buying pins, sending money via western union is expensive. Page 1 of 2.
Let it include identifying information such as Social Security numbers. Share that list with your broker. He may be required by law to have that information on file. If your club has a secretary or treasurer, it can be that person's responsibility to keep your membership list current along with all individual contributions and earnings.
Not Helpful 0 Helpful 9. Do you have a form that would give me an idea of a very basic agreement? WikiHow does not have legal forms. Try a web search for "simple legal agreement forms". Not Helpful 0 Helpful 5. Can a group of my friends start a club where we focus on trading Futures contracts? Yes, you can focus on any sort of investment you like. Find a full-service broker who's very experienced in that area unless you know what you're doing, in which case you can use an online brokerage.
In this era where investing in stocks is highly risky, what other investment windows would you advise? Bonds are usually considered to be less risky than stocks. You can invest in certain mutual funds that own an array of bonds.
Some mutual funds invest mainly in stocks, and that's a way of diversifying your stock investment and taking on less risk. Money-market instruments such as certificates of deposit CDs are safe investments, but they don't pay very much interest.
Unfortunately, that's usually the case: Not Helpful 2 Helpful 9. We are forming an investment club for stocks, real estate, etc. How do we register and what type of account do we need? You are simply private parties making private investments. If you'll be making group purchases, you'll want a checking account for the club, as well as trading accounts with one or more brokerages.
You don't have to work exclusively with one broker. Not Helpful 5 Helpful Read the by-laws of your club. Not Helpful 4 Helpful Can whole life insurance be a viable investment tool for investment clubs? Life insurance could potentially be a decent investment for an individual but not for a group.
Not Helpful 1 Helpful 5. Profits are commonly shared in direct proportion to the amount of each member's investment, but you can agree on other arrangements if you like, such as recognizing certain members' investing prowess or willingness to do administrative work on the club's behalf.
Not Helpful 2 Helpful 4. There are no rules regarding group size. It's just a matter of what your group is comfortable with. A large group might be harder to manage, but it could also provide more ideas and energy. Not Helpful 3 Helpful 3. There are six of us. We want to pull our funds together each month and ultimately invest it.
Would we need to register our group as a limited partnership the state's secretary of state office? Not Helpful 0 Helpful 0. Include your email address to get a message when this question is answered. Already answered Not a question Bad question Other.
By using this service, some information may be shared with YouTube. Tips Don't invest immediately. Give the group a couple of months to deposit money. This will weed out those who aren't really committed to the club or who can't afford it. When an investment goes wrong, keep your pointing finger to yourself. Use the experience to learn what not to do.
Go back to the drawing board and change things if need be. Trust has to be established for the club to be effective. Limit investments to cash with no leverage. If margin accounts are used, every partner may be liable for the full debt.
Warnings Make sure that everyone understands that they might not make money and could actually lose money. Not all investments are profitable. If they were, everyone would be doing it. Proper planning, a supportive group, and an understanding leader are vital in promoting cohesion and optimism within the group Some members may be tempted to embezzle funds. However, the small pool exemption can provide a stepping stone to launching a commodity trading business, allowing a manager to achieve a marketable track record within the small pool structure before opening the fund to outside investors in a more significant way.
In summary, the de minimis exemption requires that i the interests in the fund be offered and sold without any public marketing in the U. The other exemption that was contained in Regulation 4. Following its repeal, many private fund sponsors have been forced to register with the CFTC or find alternative relief.
Contact us today to schedule a complimentary consultation. We can answer any questions that you may have and provide additional details regarding CPO registration and exemptions. The three remaining exemptions are commonly known as the: There is usually a a small number of members who, if you like, play a role more as the research branch and bring investment.. Jan 5, , 2: Apr 15, , 7: Never put any money with any firm that is not registered. It is as simple as that. Without oversight there is no consumer protection.
Even with regulatory oversight shady firms routinely find a way to defraud regulatory agencies. As is exemplified by several major U. FCM's going under due to fraud. Beyond that, never trust any trading program that does not demonstrate healthy drawdown.
Contrary to popular opinion trade programs with proper risk reward should demonstrate periodic drawdown on a monthly basis with solid year end returns The only investments I have ever seen that produce consistently profitable monthly returns without demonstrating down months are ALWAYS undoubtedly ponzi schemes Apr 16, , Originally Posted by zak-fxevolve.
LinkBack to this Thread: Page 1 of 2. Originally Posted by potshot How about somebody trying to help me with my problems instead of threatening me with a permanent ban.
Originally Posted by westernforce What's going on Potshot? Forex Investment Club Quote: Originally Posted by potshot Now I am not spammimg, non of you can go on their web site and just join. Originally Posted by potshot Membership is by invitation only. Forex Investment Club Sure, like one of the 'best FX traders in the world' is going to be running an 'FX trading Club' for mainly retail clients where the average deposit is probably less than 5 figures.
Forex Investment Club Investment clubs within a brief account are partnerships, with all members acting as partners. Forex Investment Club Very cool and thank you. Forex Investment Club Never put any money with any firm that is not registered. Originally Posted by zak-fxevolve Never put any money with any firm that is not registered. Apr 23, 2: Musings of an Investment Club.
Jan 5, 5: IntelliTrend - how about investment club? Apr 17, 2: Investment Club selling shares between meetings. Jun 25, 1: Anybody in The Zurich Club. May 9, 2: