Benefits to join ASX Investment Club
Post on: 16 Март, 2015 No Comment
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Joining the ASX Investment Club is a fun, easy way to learn about investing. It is not risky but exciting as you and co-members either increase or decrease your financial holdings by pooling funds and investing together on a regular basis. It can also be a fun excuse for a regular social gathering or a way to educate kids about finance.
Through ASX Investment Clubs, you learn about the market. You can read the stock pages in the newspaper and add financial terminology, such as asset allocation and dividend reinvestment, to your vocabularies. You learn how to research potential investment prospects by studying the management, products and policies of different companies. Most importantly, you apply what you learn by making investments. It helps destroy the mystique the market holds without risking a lot of money.
ASX Investment Club can do better than the average investor because our club will make decisions once a month, rather than reacting to daily movements in share prices. We generate our consent together through certified & excellent full brokerage service from BellPotter Brokerage Firm.
ASX Investment Clubs usually comprise large groups of friends from work or some other social group, who have no obligation but are encouraged to pool a fixed amount of money each month and then meet monthly to discuss how to invest it. Our club members are often a mixture of students, amateurs and professionals, but everyone is encouraged to contribute their knowledge and experience. Members are encouraged to make recommendations each month and to put forward the rationale in favour of investing in a particular share.
We encourage people to only put small amounts in at first, so that even the poorest investor won’t suffer if it all goes wrong. The idea is to learn how to invest through ‘hands-on’ experience as a club member and then go off and create your own portfolio.
By participating in an investment club, youre pooling your small investment with those of many other people, enabling all to make investments you probably couldnt make on your own, and keeping your commission costs much lower than if youd been investing all by yourself. The higher the percentage your commissions are of the total amount invested, the less money youre actually able to invest. If you don’t have thousands of dollars to start investing on your own, you usually can buy stock much more inexpensively on a percentage basis through an investment club than you can by yourself.
So, have you ever thinking to invest in stock market, to own excellent shares in Australian Stock Exchange (ASX) & watching your stock grows?
If you do interest in stock investment but don’t have much money to do it. We have a good way to make this possible to you.
Join us, the ASX FUND that will allow you to spend as little as AUS$100 to own some excellent shares (worth over thousands dollar) in ASX.