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BetterInvesting is a national, nonprofit organization of investment clubs and individual investors, based in Madison Heights, Mich. Founded in 1951 and formerly known as the National Association of Investors Corp. (NAIC), the organization is dedicated to providing a sound program of investment education and information to help its members become successful long-term, lifetime investors. BetterInvesting is considered the pioneer of the modern investment club movement in the United States as well as the voice for the individual investor. BetterInvesting currently serves 161,670 members, including 16,174 investment clubs. On average, each BetterInvesting member invests $84 per month in an investment club portfolio. The average BetterInvesting club invests in excess of $927 each month. The combined investment portfolios of BetterInvesting members exceed $117 billion. More details about BetterInvesting member demographics can be found on the BetterInvesting Fact Sheet. Additional information about BetterInvesting, its history, its mission, the organization and its numerous investor education programs is available on the main BetterInvesting website at www.betterinvesting.org/about. Also available on the main BetterInvesting website are Financial Statements for 2005, including the 2005 Annual Report. |