“The Mission of our Investment Club includes three elements – first; continue to educate our members about personal finance and investing, second; build a profitable portfolio of stocks over time, and third; create a positive social experience of fellowship and fun!”
“We started investing $25 a month, and in two years, now have a $15,000 portfolio”
“Rather than planting seeds in another man’s vineyard, the modern day Proverbs 31 Club member will invest in stocks, and in time, reap the bounty and profit of the harvest by owning the vineyard”
Rainbow Push Coalition has joined forces with the National Association of Investors Corporation (NAIC) to help assist churches start a model investment club program. NAIC, a non-profit association founded in 1951, is dedicated to investment education for individuals and investment clubs. NAIC provides an educational program to help church members learn how to take charge of their financial future and start a long-term investment program by forming an investment club.
Goals Of The Church Investment Club Educational Program
What Is An Investment Club?
Five Benefits Of Investment Clubs
How Will This Program Benefit Church Members?
How Does The Model Club Educational Program Work At Our Church?
Church Model Investment Club Process Summary
10 Steps To Get A Model Club Started At Your Church
The TEN COMMANDMENTS & Ingredients For Success
Announcing The Model Club Program At Your Church
Helping To Educate Young Investors In Your Church And Community
Starting A Church Model Investment Club – The Details
Four Investment Principles & Scripture
Goals of the Church Investment Club Educational Program:
- Help individuals form investment clubs with friends and family members at their church.
- Provide investor education, information and support via church leaders and local NAIC Chapters.
- Encourage individuals to build a future savings by starting to invest small amounts regularly.
What is an Investment Club?
- A group of 10-20 individuals working and learning together to invest over their lifetime
- They learn to invest in stocks with family, friends and community members
- The club meets monthly to pool money, knowledge and build experience in investing
- Club members follow NAIC’s long-term philosophy, guidelines and use proven tools
- Club receives support and on-going education from local NAIC Chapter volunteers
- “Investment Clubs are a unique way to invest small amounts of money such as $25 or $50 a month while learning with others in a fun, no-pressure environment”
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Five Benefits of Investment Clubs
- New investors - learn to invest for the long-term, investing small amounts each month while following a proven methodology
- Experienced investors - sharpen skills, uncover new opportunities and build knowledge
- Club members - take the knowledge gained each month and apply it to their personal portfolio
- Investing with others - minimizes risk while learning valuable lessons with others
- Clubs are fun - a great way to learn, socialize, enjoy fellowship and make money
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How will this program benefit church members?
Through the NAIC Church Model Investment Club Program, congregation members will be introduced to economic literacy, personal finance and investment education programs. They will become familiar with saving and investing concepts, financial terms and will learn how to start investing in stocks and mutual funds with as little as $25 or $50 a month. Your efforts will help individuals start a lifetime investment program today…for their future! Since 1951, NAIC has taught over five million investors how to start a lifetime investment program. Their conservative approach to investing offers a unique program that has proven successful over the past five decades.
www.better-investing.org
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How does the Model Club educational program work at our church?
Each church will be asked to form a Church Model Investment Club. NAIC will provide the Model Club a special educational session teaching the organization and function of an investment club. During the first year, the Model Club will follow a 12-session self-teaching educational course and will receive assistance from the local NAIC Chapter in your city. The Model Club seminars will be held monthly at your church throughout the year. All congregation members are invited to attend the monthly sessions to learn about the workings of investment clubs and long-term investment principles. Church leaders will announce the Model Club monthly sessions with the goal of helping other congregation members form their own investment club. After the sessions are complete, the Model Club will continue to help teach other new clubs forming at the church. The NAIC Chapter will also continue to serve as an educational resource for all new clubs within the church and community.
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Church Model Investment Club Process Summary
- Church forms Model Investment Club
- Enrolls with NAIC for free materials and support
- Introductory seminar provided by NAIC
- Club organizes, elects officers & establishes educational leaders for monthly program
- Club meets monthly at church, establishes member monthly deposit amount
- NAIC 12-Session self-training educational course used by club at monthly sessions for first year
- Model Club meets monthly - continues educational program, investing in stocks
- Interested church members attend Model Church Club monthly seminars
- Model Club helps other clubs form within church and community
- All clubs receive on-going support from church leaders and NAIC Chapter
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10 Steps to Get a Model Club Started at Your Church
- Receive NAIC information about Model Club Program
- Gather 10-20 people dedicated to starting the Model Club
- Select 2-3 leaders of club - officers & education leaders
- Enroll Model Club with NAIC - Free for club members
- NAIC provides introduction seminar, free materials, guidance and support to new Model Club
- Club elects officers: President, Vice President, Secretary, Treasurer, Educational Officer
- Sign Club Partnership Agreement, open bank account and brokerage account
- Club holds monthly meetings at church - begins educational program, starts investing
- Invite other church members to attend club meetings and help form new clubs at church
- Continue educational program to advance club experience - attend NAIC local seminars
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Church Model Investment Club –The TEN COMMANDMENTS & Ingredients for Success
- Ensure there is strong leadership within club – club officers and leaders
- Receive dedication and support from church pastor and leaders
- Establish monthly meeting time at church
- Create awareness of new model club program to church members - invite others to attend
- Emphasize educational program and investing small amounts over time ($25-$50 a month)
- Learn & use the NAIC Stock Selection Guide – a 5 step process to selecting a winning stock
- Buy companies you know - such as Coca-Cola, McDonalds, Nike, Home Depot
- Encourage others to start clubs at your church and within your community
- Use NAIC resources, seminars and local support – to continue your educational program
- Be patient when investing in stocks – by investing $25 or $50 a month – this is a get rich SLOW program that takes time – but will pay off in the future!
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Announcing the Model Club Program at Your Church
- Pastor announces program to congregation
- Model Club President provides presentation and information to church
- Information about program is placed in church bulletin
- Invitations to congregation to attend monthly club meeting
- Place Church Investment Club literature in church lobby (Free NAIC literature)
- Create a table top display of materials
- Place information on church website – and in other areas visable to members
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Helping to Educate Young Investors in your Church and Community
1. Take the first steps to educate youth about money and saving
- Share your family money finances
- Introduce them to your monthly banking procedures, check book balancing
- Show them the monthly bills, and the payment schedules
- Explain your savings and retirement program
2. Collect information about saving, personal finance and investing
- Find books from the library, information from websites and NAIC
3. Initiate interesting learning projects - encourage youth to...
- take school classes, use self-study courses
- go to the library, visit investing youth web sites
- attend youth investing workshops
- start a youth investment club
4. Begin their investment experience…
- Help them become stock & mutual fund owners
- Include youth in your church or family investment club
- Purchase stock & mutual funds with a custodian-minor account
- Open an Educational IRA or 529 Savings Plan for future college expenses
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STARTING A CHURCH MODEL INVESTMENT CLUB – the details
FIRST STEP - Select a church leader who is interested in guiding the model investment club and who will act as your Investment Club President and Club Contact to NAIC. The Model Club President will invite between 10 and 15 members from the congregation who will dedicate themselves to participate in the Church Model Investment Club, meeting each month.
SECOND STEP - The club president will enroll the MODEL CLUB with NAIC (using enrollment form). The MODEL CLUB PRESIDENT will receive an NAIC club welcome kit at the first educational session– including the following complimentary materials (a $350 value!) for the new club and club members:
- Model Church Club – welcome kit letter
- NAIC Official Guide Book – “Starting and Running a Profitable Investment Club”
- Better Investing magazine complimentary for 1 year (mailed monthly)
- Starting a Successful Lifetime Investment Program Seminar Course (3-ring binder)
- Investment Club Registration Check List & Organizational Check List (with club partnership agreement & IRS SS-4 tax form)
- NAIC Investment Club Accounting Manual
- NAIC Investment Club Monthly Study Program booklet
- sample investment analysis forms
- certificate of club liability insurance (paid by NAIC)
- NAIC Membership Catalog & User’s Guide
- NAIC Model Investment Club video
- NAIC Stock Selection Guide video
- an informational form listing frequently asked questions & answers about investment clubs
- 5 coupons covering investment purchase fee of $7 using the NAIC Low Cost Investment Plan (these coupons are intended for use by the investment club)
- Church Club enrollment forms (for new church clubs to enroll with NAIC) (call NAIC to order additional church club enrollment forms)
EACH MEMBER of the MODEL CLUB will receive the following complimentary materials*:
- Model Church Club – welcome kit letter
- NAIC Official Guide Book – “Starting and Running a Profitable Investment Club”
- Better Investing magazine for 1 year (mailed monthly)
- sample investment analysis forms
- NAIC Membership Catalog & User’s Guide
THIRD STEP:
- The model club members will attend an introductory seminar presented by the NAIC Regional Chapter at your church. The model club will learn how to run a successful club by following the educational lessons in the NAIC 12-session course book and by attending local NAIC Chapter seminars and workshops. The local NAIC Chapter will continue to support the model club.
- The model club will then assist other congregation members and individuals within the community to start investment clubs and begin a lifetime investment program.
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Four Investment Principles & Scripture
- Invest regularly over time – invest a modest sum of money, each month over a long period of time. Start with $25 or $50 a month and build your nest egg over your lifetime.
“behold, the farmer waits for the precious produce of the soil, being patient about it, until it gets the early and late rains. (James 5:7b)
- Reinvest to build your investments - reinvest earnings, dividends and profits that come from your regular investments. Reinvesting will build and compound your money over time.
“Wealth hastily gotten will dwindle, but those who gather little by little will increase it” (Proverbs 13:11)
- Invest in growth stocks and equity mutual funds – invest in companies whose records suggest they will be worth substantially more five years in the future.
“…the timid become destitute, but the aggressive gain riches.” (Proverbs 11:16b)
- Diversify your investments - invest in companies of varying sizes and in different industries. This will help to spread out investment risk while increasing return potential.
“Send your grain across the seas, and in time it will return. Divide your merchandise among 7 ventures, 8 maybe since you do not know what disaster may occur on earth. (Ecclesiastes 11:1-2)
