How much do members pay into investment clubs?
The monthly subscription can vary from as little as £10 to as much as £100 or more, but the most common subscription level is between £25 and £30. Some clubs begin with an initial lump sum payment by members, which enables the club to make investments straight away rather than having to wait until the monthly subscriptions have built up over time. Remember that the lower the subscription level, the less frequently the club will be in a position to make investments.For example, if a club has 20 members who subscribe a standard £10 per month, it will only be feasible to invest every 2-3 months (as investments should be made in ‘chunks’ of no less than £500 because of broker’s minimum commission charges). However, the time in between making investments can be spent carefully researching shares and perhaps even running a fantasy portfolio!
