As with all aspects of investing there are a number of tools, such as software programs, and other pieces of information that can make running your investment club smoother. Consider having several of the members of your investment club try different types of software on their computers so that the club can make an informed decision about where it wants to invest.

Some of the software available includes:

Stock analyzers: There are different types of software available that will help you analyze the stocks that you re interested in and keeping an eye on.

Available from Kingsoft: http://www.kinginet.com/

Available from NAIC:

http://www.better-investing.org/about/software/nsa.html

Accounting software: You ll want to have software for accounting purposes so that you can keep track of all your finances and generate reports for members of the club to have for their records.

NAIC Club Accounting Software: The NAIC produces accounting software that is tailored to investment club needs.

http://www.better-investing.org/about/software/nca.html Investment Club - Read More.