The Beginners Investment Club
WINvest is an amazing new concept in investment clubs
and the only one of it's kind. We are strongly dedicated
to the education of our members and we are Internet
based. This is a self-directed club where you decide
where your investment dollars go. Please take a
moment to look around. If you have any questions
or comments, please e-mail us at firstname.lastname@example.org.
WINvest started as a family investment club.
The club was an excellent way to educate the
youngsters in sound investment practices, financial
planning and money management. As the family grew,
so did the club. Eventually, word of the club got
out to friends who wanted to join and learn more about
investing. In 1996, the partners decided to
reestablish the club as a limited liability partnership
and to open membership to non-family members.
Managing partners were elected, the paperwork was
filed and The WINvest Investment Club, LLP was born.
One of our base principles is the members chose
where their money goes; in other words, you pick the
companies you invest in, the amount and you decide when
Our other base principle is
educating our membership on investing and managing their
finances. We have big plans for our internet site
in accomplishing these goals. Please watch it each
week for additional educational material.
WINvest concept is unique. No other club lets you
direct your investment to a specific company, invest
when you want and withdraw fully or partially at any
time. One of our first challenges was; we couldn't
keep the books using pencil and paper. We had too
much volume and the club practices was far too
The managing partners shopped around for
computer software and quickly found there wasn't any.
Nothing even close! So they went looking for
help and found a company willing to write the software
and do the accounting work for the club.
months of programming and testing, a very sophisticated
and most unique system was created; like the club, the
only one of its kind.
Next, we had to find a way
to tell people about the club and distribute information
to our members. Our dues and fee levels didn't
permit us to use the mail so we decided to use the
internet. Over the next few months, we plan to
expand our web pages to include all sorts of educational
information as well as investment information.
Watch our main page each week for new features.
Our mission is to provide education and financial
benefits for our partners. We fulfill this mission by
buying and selling stocks as directed by our partners
and by passing along information about investing and
about the companies we invest in. We want our partners
to become confident and competent investors.
$25(US) initial "Capital Contribution" for new partners
is used to set up the new partner on our system and to
cover general partnership expenses. There are no monthly
or annual minimums, however all partners are required to
make a $15(US) "Capital Contribution" each year. This is
used to cover the cost of your monthly statements,
annual statement, and general partnership expenses.
If you decide to leave you will receive the full
value of your account in the form of stock or cash,
whichever you Choose. Some companies have a minor fee
for issuing stock or withdrawals which is deducted from
your account. You can also withdraw all or part of your
account, in stock or cash, whichever you choose, at any
time. Again, some companies have a minor fee for issuing
stock or cash withdrawals.
All investments are
optional, there are no minimum monthly investments. You
can skip a month or skip a year without penalty. With
WINvest, you invest whenever you want, in whatever
company you wish. You will receive a selection list each
month with your statement along with an detailed report
of how your investments are performing.
to add between two and five companies each year and your
opinion is very important to us. When a partner suggests
a new company, and the company fits our criteria, we
usually add it to our list. Your suggestions are not
just welcome but very much needed.
is responsible for watching a company. We consolidate
their opinions and report them in the news Portion of
the monthly statement. When you invest in a company for
the first time, we send your name to the company and ask
them to put you on their investor mailing list. We also
suggest reading material and pass along information
provided to us by various companies.
You are taxed
on your profits and your dividends are Taxable income to
you. Any time you make a cash withdrawal, you will
usually have a taxable gain or loss. This information is
reported to you at the end of the year in a partnership
statement. If you withdraw in the form of stock, this is
usually not a taxable event.
How Do You Join
If you'd like to join, print out the application,
complete it and mail it to us. If you would like
an application mailed to you, just e-mail your name and
address to email@example.com.
will call you. We don't have a sales staff and we don't
sell our membership list.
Investment Club, LLP
P. O. Box 1011