A share club is simply a group of like-minded people who join forces to invest in the stock market. They meet regularly and usually stipulate a fixed sum each month to invest.

Stock markets are doing very well right now so the attraction of share clubs is growing.

The majority of share clubs in Britain are members of Proshare Investment Clubs, which provides support and research tools for their members. Proshare is part is part of the Institute of Financial Services, which is dedicated to improving financial education and awareness in the UK.

Link: www.proshareclubs.co.uk.

Next: 2. Setting Up a Share Club.