Saturday, October 17, 2015

Investment Clubs Can Help You Pool Your Funds for Stock Investing

AlgoTradersEdge.com is getting closer to launch! Keep tabs!:)
INVESTMENT CLUBS CAN LET YOU POOL YOUR FUNDS
SCROLL FURTHER DOWN ALL ABOUT SUCH CLUBS!
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Im posting these articles to help folks find ways to meet the $30K SEC minimum balance needed for stock market margin trading, which AlgoTradersEdge.com needs to be able to profit and use it with an InteractiveBrokers.com stock with margin trading account.

How Make $$ directly working online so you can pool funds with an investing club, or keep working online to meet full $30K rqmt.

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Suggest check out following URL:
Ways to make $$ directly doing work online:
http://www.computerhope.com/issues/ch001364.htm



How can I make money online?

Making money onlineThere are dozens of ways to make online. This page includes a list of legitimate and effective services available online that can help you make money either for a supplemental income or as a full time job. We have tried to make this list as complete as possible with services that can be used by all types of people regardless of how good they are with computers.
Tip: Setting up a Paypal account can help to expedite the process of receiving payment for your goods or services sold through the services listed on this page. Some of these services may even require you to have a Paypal account.
Note: Some of these online services may not be available in every country around the world for various reasons, including legal restrictions and payment option restrictions.
Fraud and Scam Alert
When trying to make money online, be cautious of scammers and other fraudulent services. Keep the below warnings in mind:
  • Do not pay any significant initial or upfront fee, deposit, or down payment. For example, a company or individual claiming special computer hardware or marketing material is needed.
  • Avoid services asking to cash checks or money orders into your bank account.
  • If the company is not on this list, look them up on the BBB.
  • Be cautious when asked for personal information such as e-mail, phone numbers, social security, etc.
  • Realize everything you do is going to require some work. There is no such thing as easy ways to make money without some effort.
  • Always keep the motto "If it sounds to be good to be true, it probably is" in the back of your mind.
  • Full list of ways to stay safe online.

Arts and crafts

Etsy is a fantastic place for an artist or anyone who enjoys making unique handmade goods and is a great place to sell vintage goods. This vibrant community has over 15 million buyers that visit every day and anyone can create their own online shop and make it available to these visitors.
ArtFire is another great site to set up your own virtual store and sell to millions of people on the Internet. Also, if you are an Etsy member, it is easy to import your Etsy data into ArtFire to sell your goods on both sites.

Fiverr

Fiverr is another site that allows anyone to create pages listing services they are willing to provide for $5.00. Services could be anything from doing a voice over, creating an animation, giving a review, offering advice, or really anything that others may find useful. Although five dollars may not sound like a lot, for tasks that may be easy for you to complete and if several of them can be completed in an hour, it can be a good source of extra income.
Another similar site is peopleperhour, which allows anyone to do jobs that take one or a few hours to complete for any price they set.

Kickstarter and Patreon

KickstarterKickstarter is a fantastic page for anyone with an idea or project who do not have the capital to fund the project. The site allows anyone to create a page explaining their idea and how much they need to fund their project.
Patreon is a great website for Internet users to support artists financially. Patrons can contribute on a recurring basis, or make a one-time contribution for a single piece of work. Artists supported on Patreon include YouTube content creators, musicians, cartoonists, educators, scientists, comedians, dancers, and photographers.

Freelancing projects

There are dozens of online services that allow anyone from around the world to work at home and complete work for other individuals and companies. Jobs can be anything from writing reviews, designing logos, programming, proofreading, data entry, accounting, payroll, translating, and much more. All of these services allow you to list your qualifications and set your pay rate or browse through available job listings and make a request for hire. Below is a list of some of the more popular contractor and freelancing related services.
There are dozens of resource hubs on the Internet that will pay skilled writers to compose content about various subjects. These sites will then pay royalties to the writers based on how frequently their pages are visited. Some good examples of these resource hubs include: HeliumHubPagesSquidoo, and Yahoo! Voices.

eBooks and other virtual goods

eBooks and virtual goods are a popular way to make money online. eBooks often take a few hours, weeks, or months to make and then can be sold in unlimited quantity without requiring any inventory or infrastructure. A great online service for any aspiring author isLulu. This service allows anyone to write a book or guide about any topic and publish it in electronic format. The author can also publish a hard copy, which can be used for book reviewers and other publishers. Other sites that help sell and distribute eBooks and other virtual goods include ClickBankCreatespaceE-Junkie, and Sellfy.

Photography and audio

If you enjoy taking pictures, creating illustrations, producing video, or producing audio, there are sites that will pay you for the rights to sell your work to its visitors. One of the biggest online services is iStockphoto, which gives you up to a 45% royalty rate for every picture or work of art they sell. Other sites included Depositphotos,DreamstimeFotolia, and Shutterstock.
If music is more your scene, audiojungle is a site that allows you to upload loops, music, and sound effects to their sites and make royalties from how much music you sell.

Online Auctions

eBayOnline auction sites, such as Amazon sellereBayuBid, andCraigslist, are another great way to make income on the Internet. Finding and selling things around your house or visiting your local pawn shops and buying small items to resell on auction sites can be a way to make money. If you are not sure what to sell or what is in demand, do a search on eBay or other auction sites and sort by highest selling item. It can be surprising what people are selling and how much people are willing to pay for those items.

Website, Blog, or online store

Making your own website or blog can be a great way to make money on the Internet and if it is a successful site, it can even become a full-time job. However, creating a successful site or blog takes lots of work, learning, and is not something that will start making money immediately. Before any site or blog can start making serious money, it needs to be getting lots of visitors.
If designing your own site or blog sounds like too much, but you have products you are interested in selling, using a service to create your own online store may be your best option. Again, once a store has been created, you need lots of visitors or a unique product to attract buyers. JumpSellerFreewebstore, and Shopify are just a few of the hundreds of online services that allow you to create your own online store.

Design and sell T-shirts

Designing your own t-shirt designs can be a fun and rewarding way to make some money on the Internet. Below are a few of the services that allow you to design and make your own t-shirts that can be sold to anyone on the Internet. For each t-shirt sold with your designs, you make a percentage of the income. The sites Spreadshirt andCafepress are two good examples of these sites.

Amazon Mechanical Turk

The Amazon.com Mechanical Turk is a service that allows you to complete easy Human Intelligence Tasks (HITs) and get paid for the work. Often these tasks are so simple that anybody could complete, such as identifying colors in an image, finding keywords in a sentence, comparing text, or completing a survey. Because of the difficulty level, many of these tasks do not pay a lot but can be easily completed and can be a source of supplemental income.

Review and post on websites

Websites and companies need users of all types to review their websites and determine what is or is not working on their sites. Sites like Whatusersdo and Analysia will pay people to help them review customer websites and give their review of the website.
There are also many websites and forums on the Internet that need the appearance of a stronger and more active community. There are services online that will pay you for your participation in these sites. Some examples include Postloop.
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Where and how can I find closest investing clubs near me?
http://www.investopedia.com/ask/answers/115.asp


A:
Investment clubs have been around for several decades and are simply groups of people who get together to invest. While the primary motivation is to make as much money as possible, clubs are also a great way for investors to share ideas and learn about the market from others.
By law, investment clubs are not allowed to recruit members because it could be viewed as part of an investment scheme. This means that the onus is on you to approach a club.
For information on starting or joining an investment club, try the following links:
The National Association of Investors Corporation - The NAIC is the foremost authority on investing clubs in the United States.
http://www.betterinvesting.org/public/default.htm



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The World Federation of Investors - This is an international association of investment clubs around the world. Its site has links to groups similar to the NAIC if you live outside of the U.S.
Investing Clubs on Google - This page provides assorted links from Google.
To get advice on investment clubs, see Investment Clubs Offer Experience And Insight andGet Active, Join A Club!


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For most paycheck to paycheck folks, it is very hard to meet these SEC Regulation T rules requiring at least $25K as minimum to do stock trading of positions which often can end up being called "pattern day trading," even if you never intended it. Just it is so easy to end up classified as one, that if you trade in and out on any one stock in any given day, there is a good chance you can get this designation. Yet the SEC did most investors real favor by putting these rules in place, for most day traders, as most lose all. Unless they come up with an algorithmic trading app which trades to make profits, end up giving greatest chance for profits, even doing day trading.
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The big question is this: what do small investors who can not fund an account with the $25K min plus $5K pad, total of $30K, what can they do? Their best bet is find a stock investing club to join, so they can add whatever funds they have as their part of the total club's account, which then gets big enough to do trading such as an algorithmic trading account with the required minimum of essentially the $30K needed to trade properly, and the algorithm reduces risk and is described at www.AlgoTradersEdge.com, the main landing page for the subscribe and algorithm method of trading is fully described there, but it is better for me to blog here, within my blogspot pages, as this publishes easier. I can edit much easier, faster, and make new entries, updates, etc, and just link to my main site.
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So what is involved with Investing Clubs? I am describing this here as what I think the best way to overcome the steep account minimums required, which keeps out the average investor, who would like to get into the game, and deserves to, if we can sort this out, how to do it. These are latest ideas I have found. More to come. Hope helps more folks be able to use AlgoTradersEdge.com.
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Here's on How to Start an Investment Club:
http://www.wikihow.com/Start-an-Investment-Club
Adjust the pic size click on it then make it original size.:)





Here is an excellent article about online investment clubs:
http://alturl.com/g63xd  New York Times, Online Invest Clubs



Next below is from www.timetotrade.com.uk, which shares all about investing clubs, also trading software which helps keep track of your investing positions, and tells how to start your own investing club. I am looking for as many forms of helpful ideas to help folks combine, pool funds, to do AlgoTradersEdge.com, please go there, check it out, I think you will like it.:) Thanks!






I want to repost this it is that good:




Investment clubs: How sharing ideas and pooling money can help investors


Sharing ideas and pooling money can help investors to steer a safe course in today’s volatile stock markets. 
Investment clubs, where friends get together to research and buy shares, have held up surprisingly well through the financial turmoil of the past five years. 
Stockbroker The Share Centre says there has been an increase in the number of clubs and their level of trading over the past three years. 
Founder Joe Davis, left, with other members of the Nottingham University investment club
Bright ideas: Founder Joe Davis, left, with other members of the Nottingham University investment club
David Jeal, head of product management at online stockbroker Selftrade, says: ‘The real health of a club depends as much on the members’ attitude as it does on financial markets. If you have got lots of people engaged in a club and enjoying it, the club is more likely to thrive than if there are only two or three members doing all the work.’
Reservoir Dogs Investment Club in Coventry has been running for  12 years. It grew out of a group of school friends and work colleagues who socialise together. 
The ten members meet each month to discuss markets and which shares the club will buy and sell. But the social side is an important part of club life. Mick Irwin, one of the founders, says: ‘We’ll get through the formal business of the meeting in an hour, maybe an hour and a half. But we’ll then be out all night, having a drink and chatting.’
Over the years the club has used various pubs and now meets at the bar of the Coventry and North Warwickshire Cricket Club. Like many clubs, members have a wide range of skills but no background in investment. Mick, 45, is an accountant at an engineering firm. Other members are IT consultants and engineers.
Mick says: ‘We all have our own personal investments which tend to be more secure and conservative. Our club is about having the chance to invest in something different.’
Each member invests £25 a month with the focus on high-risk, high-reward shares. Reservoir Dogs has recently been hunting for profits in oil exploration and bioscience companies, although with mixed results. 
Profits have also been dented by an important club tradition. Mick says: ‘Each December we have a curry night where the club pays for the meal and all the beer.’ Despite the opportunity to socialise, club members take their investments seriously. 
With markets so volatile, they have to work harder for every penny of profits.

Starting up your own club

 Who can get together?
A club can be started by any group of friends, colleagues or neighbours who are willing to pool their money to invest in shares.
Is there a set formula?
No. Clubs can choose whatever style of investing they like. Some will specialise in smaller companies, others might opt for solid dividend-paying shares. Clubs work best with a membership of between ten and 20 so that everyone can have a say while allowing decisions to be made quickly. 
What are the first steps?
At the first meeting you need to draw up a constitution, agreeing aims and an outline investment strategy. You will need to set up a bank account for the club and pick a stockbroker to deal through. Brokers providing club accounts include Selftrade, The Share Centre, Barclays Stockbrokers, Hargreaves Lansdown and TD Direct. Most clubs run for a few months building up funds before they start investing.
What if I want to leave?
Either a new member may be invited to buy a departing member’s units at the current price, or a portion of the club’s portfolio is sold to provide the cash to pay the departing member. Each member has to account to the Revenue for tax on any profits or income they receive. For tax details, search for ‘investment clubs’ at hmrc.gov.uk.
Where can I find out more?
For a flavour of investment clubs, visit proshareclubs.co.uk. There is also useful information at timetotrade.eu, which produces free software for investment clubs. Time to Trade is planning the next National Conference for Investment Clubs on November 3 in London.
One change is the growing use of a ‘stop/loss’ on investments. These are instructions left on file with a stockbroker to sell a share if the price falls below a certain level. For example, a share bought for 200p can have a stop/loss set at 160p. This means the maximum that can be lost is 20 per cent of the investment.
Stop/losses can be useful for clubs because if a share suffers badly they do not have to wait until the next meeting to sell. Reservoir Dogs makes regular use of stop/loss provisions. 
Clubs are also buying a wider range of investments. Jeal says: ‘We’re seeing more clubs using exchange-traded funds and exchange-traded contracts.’ These allow investors to track the performance of an index, such as the FTSE 100, in a single share. 
There are also ETFs that cover specific sectors, currencies, or commodities, which allow a club to widen its horizons and to make money from international markets. 
Such vehicles are also inexpensive.
Another area of growing interest is retail bonds. Companies such as Tesco, National Grid and Lloyds Banking Group have been raising money by issuing bonds that can be bought and traded by the ordinary investor, but that still pay a decent rate of interest.
Overall, clubs are trading more frequently. The Share Centre found its investment club clients had on average completed nine per cent more deals over the three years to this month than in the previous three years. 
Evolving technology has also changed the way clubs work. Jeal says: ‘It used to be that if someone moved away from an area or was posted abroad with work, then they would have to sell up and leave a club. But now with email and social media websites, you can keep in touch with your mates and stay involved in the club, even without going to every meeting.’
A group of students at Nottingham University has taken the concept one step further, running an investment club where the majority of meetings are held as conversations on Facebook.
The 60 members of Nottingham Undergraduates Equity Fund pooled their resources, raising £12,000 to give them a taste of investing in stock markets. 
Joe Davis, 22, one of the club’s founders, says: ‘We have our own group on Facebook and people  converse through that, dipping in two or three times a day to propose and discuss ideas.
‘This means we have a record of everything said. It is helpful sometimes to scroll back and look at the reasons why a share was bought.’ 
The club’s money was invested last November with the fund  running for the academic year. All the investments have now been sold so that the money could be returned to students before the end of term last month.
Over the academic year, the fund returned £99 of every £100 invested, beating the FTSE All-Share index, which is down roughly four per cent over the same period.
Joe says: ‘We were doing really well until March and we were showing a reasonable profit, but we were caught out by the sudden stock market falls since.’
With 60 members, having a single committee to decide on investments is impractical. Instead, the students split into ten sub-groups, each researching and making recommendations on a different sector of the stock market.
Joe led the team looking at energy companies, which turned their £1,200 initial investment into £1,700. He says: ‘We did well out of smaller oil companies such as Xcite Energy and Cove Energy.’
The students had a helping hand. Selftrade sponsored the club, covering dealing costs and commission for 100 share purchases or sales over the year.
Joe is due to graduate with a physics degree this summer and hopes for a career in finance. He has already agreed a five-month work placement with a London investment bank, partly on the strength of his work with the investment club.
Others members of the club are returning to Nottingham in the autumn and plan to run the fund again for the next academic year.
‘We have beaten best savings accounts’
Any investment club needs a system to divide profits or losses fairly between members.
This system also has to allow new members to join and existing members to leave.
Most clubs opt for a unit valuation scheme, similar to the model that  is used by mutual funds such as unit trusts. 
St Bede's Investment Club treasurer Douglas Rankine
Winner: St Bede's Investment Club treasurer Douglas Rankine
The value of shares held is translated into units with members owning their personal units.
The unit price will fluctuate with the performance of the club’s investments. 
Each monthly contribution from a member will buy a different number of units, depending on the price. Likewise, a member leaving gets the current price for any units they sell.
The system is flexible enough to allow for members to take a payment holiday – for example if they suddenly lose their job – or to accommodate different levels of monthly payments.
Each club needs a treasurer who will manage the system, typically with the help of a specialist computer software package which automates the calculations.
The unit valuation approach has served St Bede’s Investment Club well over the years. The club on the Isle of Wight, which started investing in 2001, took its name from the house where one of the earliest meetings was held.
The 14 members, who contribute between £20 and £40 each every month, have built up funds  worth £46,000. 
The original members were recruited through a local computer club and from the start the club was set up to harness technology with its own online news group. 
Douglas Rankine, 66, one of the founders and treasurer, says: ‘We have built our own spreadsheets to calculate unit values and also have spreadsheets to help with share analysis.’ 
The club splits up the work of researching investments so that different members develop specialist skills.
Douglas, a retired TV engineer, analyses company debt and annual reports. Another member is the club’s chartist, producing charts of how a share price has moved to highlight buying opportunities. 
Douglas says: ‘Our original aim was to produce a better return than the best savings account  and we’ve managed that.




If you find you want to save your investing club funds faster, there are many ways to do this which are easier than anyone might think! A few searches below show just but a few such examples:

But the other amazing ways you can save are all kinds and parts of your life! I did a simple google search which was: http://alturl.com/4e448 : Ways to Save One Nickel and Dime at a Time
Here are some of the entries I really liked you can check out:
33 Ways to Make Your Loose Change Really Count | Money ...
www.moneytalksnews.com/33-ways-to-make-your-loose-change-really-...
Dec 15, 2013 - Sign up now and get a free PDF with 205 ways to save! ... More and more I'm seeing nickels, dimes and even an occasional quarter in ... Merissa Alink, who blogs at Little House Living, attacks consumer debt one dime at a time. She and her husband dump all coins into a piggy bank, and it adds up — as ...
100 Great Ways to Save Money - The Simple Dollar
www.thesimpledollar.com/little-steps-100-great-tips-fo...
The Simple Dollar
Jul 29, 2015 - How to Save Money: 100 Great Tips to Get You Started ... soap, and all kinds of other things at home quite easily and inexpensively. ... and save them fortimes when you're working around the house. ..... You'll learn something new, improve your reading ability, enjoy yourself, and not have to spend a dime.
Missing: nickels
The Craziest Thing I Did To Save Money: True Stories of How
www.bankrate.com/.../the-craziest-thing-i-did-to-save-money-1....
Bankrate
Follow these creative tips at Bankrate.com to save money. ... Then again, some consumers find weird but creative ways to make their dollar ... I use to work at the meat plants in LA, Ca and saw how they made Hot dogs ... Plan for life sucking at times. .... lowering phone bills, home cooking large healthy meals for cheap, etc.
Missing: nickels
52 Week Save Money Challenge - Saving Advice Articles
www.savingadvice.com/.../1013660_52-week-save-money-challenge.ht...
Jan 10, 2013 - All you need to do is save the dollar amount of whatever week you are in during the year. ... Since the end of the year is a time when money is tight for many people ... first week and working your way down to $1 the final week of the year. ... but you have challenge sheets that use quarters, dimes, nickels or ...
The Mighty Power of the Lowly Coin Jar (or, How I Saved $723
www.getrichslowly.org/.../the-mighty-power-of-the-lowl...
Get Rich Slowly
Aug 24, 2011 - “Hey, I wonder how much money I could save by tossing all of my change in here,” .... 2) Carrying around change all the time (at least back from a store) is annoying ...... I use four buckets for when I get home, Quarters, Dimes, Nickels and pennies. ..... I work as a barista and dump my daily coin tips into a jar.
Dave Ramsey's Envelope System - daveramsey.com
https://www.daveramsey.com/.../dave-ramseys-envelope-sy...
Dave Ramsey
Sep 5, 2009 - Dave Ramsey teaches you how to take control of your money with ...dime if you're going to successfully implement the envelope system. .... me to work, just eggs, milk, etc) and the rest all went into savings. ... The bills get paid on time, we're paying down our debt, and we have hope for our financial future!
Missing: nickels
“If you find any of these coins floating around, you may want ...
www.stockgumshoe.com/.../if-you-find-any-of-these-coins-floating-arou...
Jan 9, 2013 - Home · About · Discuss · FAQs · Contact ... Starting in 1965 quarters, half dollars and dimes were no longer ... “There's virtually no way to lose money on this. .... are worth about two cents, I earned five cents for my 30 seconds of work. ... out by year,all nickels are the same now (save for the relatively few ...
My savings plan: Quarters, Dimes, Nickels & Pe - BHM Forum ...
www.backwoodshome.com › ... › Financial › Frugal Living
Oct 12, 2008 - 20 posts
I have always had a hard time saving money and I dont trust banks or ... Quarters,Dimes, Nickels and Pennies each have their own jar. ... Every single day when I gethome from work I empty my pockets and ... I also go through my wallet and take out allof the $1 bills and place .... I think it was around 95%.
[PDF]7 Years Old 10 – 13 Years Old 14 – 16 Years Old 17 – 19 ...
https://www.sentemortgage.com/.../combined-word-graphic-tkmv5.pdf?...
connect work ... So!the!first!step!in!teaching!kids!about!money!is!to!identify! ... Is!it!all!about!having!too!much,!or!not!enough!money? ... 1!nickel,!2!nickels!=!1!dime,!etc.)! ... change!jar”!at!home,!you!can!also!ask!your!child!to!empty!it,!count!it,!put!the! ... their!allowance!is!saved!and!can!only!be!used!for!certain!purchases.
Cheap versus frugal - I Will Teach You To Be Rich
www.iwillteachyoutoberich.com/.../cheap-ve...
I Will Teach You to Be Rich

Frugal people know how to do the math, and know when to skip nickels and dimes for .... I also work for tips and see my type (and the opposite) all the time… ... Anyway, overall I find we don't spend a lot on repairs around the house, cars and ..... Cheap people will do things at other's expense to save themselves money, like 








 per cent  a year.

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