Interest grows in investment clubs

Top-performing clubs can do very well, but ambitions need to be realistic when trading, writes Aileen Power.

Interest in investment clubs has skyrocketed in the past three years, despite largely lacklustre stock markets.

“We have about 100 new members joining per month,” said Owen O'Malley, a major stakeholder and founder of the Investment ClubNetwork.

But can you make money GordonGekko-style?

The answer is yes and no. The High Strikes club, based in Ashbourne, Co Meath has made 20 per cent in 4.5months - which is excellent by professional standards, giventhat ...