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Article: Starting over.(investment clubs)(Brief Article)
- Article from:
- Black Enterprise
- Article date:
- July 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Reinventing your investment club when members leave
"There are hundreds of success stories about investment clubs that have "I managed to survive and thrive for 10, 20, or even 40 years. Then there are those that never make it past the two-year mark, But the death of an investment club does not mean that it cannot be reincarnated. Members can choose to reorganize with new goals and objectives.
The University Heights Capital Group did just that. In its former life, the West Orange, New Jersey-based group was known as the University Heights Investment Club. Rodney Smith, who was the club's president and a board member, founded the University Heights ...