The AWM Investment Club is a place for AWM member to invest their money. We operate a little bit like a ‘stokvel’ where we achieve higher returns by investing as a group instead of individually. We are not an authorised financial services provider and everyone invests at their own risk. Having said that, we’re here to help everyone make a little bit more money by investing together instead of investing alone. Examples of the kind of investing we’d like to do:
1. Group Fixed Deposit
If 100 members each invest R1000 a month, we would generate R 1 200 000 per year. If we were to invest that in a 24 month fixed deposit, we could get an interest rate per year of 8,10% which is a little higher than the 7.70% you would get if you invested it on your own. Makes sense, doesn’t it?
2. Raising funding from group members to invest in AWM-member businesses
In this model, we would ask group members to indicate how much they would be prepared to fund, and look for businesses with high growth potential from within the AWM. Group members looking for investment in their businesses would approach the Investment Club for funding, who would evaluate and decide where/how to invest. In addition to financial investment, the Investment Club would actively work with founders to provide the skills needed to grow their businesses. Win-win for everyone.
3. Investment Club as a BEE partner to outside businesses
We plan to use the investment club as a vehicle for BEE investment. We are a powerful network of predominantly black female professionals with amazing skills, drive and potential. We feel this is an asset that would be attractive to companies looking for BEE partners, and plan to position ourselves as such. Join us!
This is a private group. To join you must be a registered site member and request group membership.