Investment Clubs can sometimes be fun, educational and a profitable way to invest. A group, generally around 15 people, meets monthly and pool their ideas and money in the market to form a collective investment portfolio. For the group to succeed, all the members need to participate and share the responsibilities of researching, investing, and keeping records. If you want to find more information, go to the nonprofit group called Better Investing, which supports over 18,000 investment clubs http://www.betterinvesting.org/public/default.htm.
Individual Investor Club
If you would rather do your own research, but would like some guidance, you might want to check out the American Association of Individual Investors http://www.aaii.com/. They have local clubs, offer seminars, and have various subgroups.