Is social interaction more important than rate of return i.e. why a club vs. going it alone ?
Timing's important - why now ?
Probably not. Obviously that is a goal of mine (and ours) but if we do, it will be based mostly on financial advice of others.
Is social interaction more important than rate of return i.e. why a club vs. going it alone ?
Yes and no. I think the social interaction might increase the rate of return compared to me investing alone. A group of thinkers discussing the merits of a particular stock, fund, market or what have you will (in my opinion) bring more to the table than one mind.
Timing, really, isn't explained by much more than an idea I had and a willingness to invest for a long time. I suppose I could take the group idea and make it individual - rather than everyone investing the same. Just ideas for me and the group to think about.
Thanks for the post!