I know of a investment club someone belong to . He ended up doing all the work and the rest just sat and watched . How active are the members going to be . Another thing I picked up was that there was an accountant on board which seemed cool . But he was not there to check the books voluntarilly so it was sort of better for the club to have employed some out of the club to check oo the books. There is a cost to it but it will add professinalism to the club and objectivity to the club and longer term sutainability.Another thing I picked it became a kind of social club in the end. What conclusion i arrived was that it may been better for them just bought some unit trust and let someone do the managing. Not to put a dampner on the idea i suggest you get few committed individuals .Maybe 3
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