Douglas Gerlach


ICLUBcentral, Inc.

  • Founder & Editor of market-beating SmallCap Informer
  • Editor of 10x Hulbert Award-Winning Investor Advisory Service
  • Investment Education Institute’s Distinguished Service Award

About Douglas

Doug Gerlach is president of ICLUBcentral Inc. and editor-in-chief of its stock newsletters: the award-winning, market-beating Investor Advisory Service and the SmallCap Informer. ICLUBcentral makes tools for stock analysis and investment club accounting, including,, and Mr. Gerlach is the author of six books, including Investment Clubs for Dummies and The Armchair Millionaire.

Douglas's Articles

CRA International (CRAI) is a global consulting firm that offers economic, financial and business management expertise to major law firms, businesses, accounting firms, and governments, explains Doug Gerlach, editor of SmallCap Informer.
Charles River Associates (CRL) — also known as CRA International — is a global consulting firm that offers economic, financial and business management expertise to major law firms, businesses, accounting firms, and governments, explains Doug Gerlach, editor of SmallCap Informer.
Spun out from KAR Auction Services (KAR) in mid-2019, IAA (IAA) is a digital auction marketplace connecting buyers and sellers of damaged, total loss, and low-value vehicles, notes Doug Gerlach, editor of Investor Advisory Service.
We initially covered Winnebago Industries (WGO) in August, 2018 and, since then, the stock has almost doubled in price, riding a wave of demand that resulted from behavior shifts in the 2020- 21 pandemic, recalls Doug Gerlach, editor of Small Cap Informer.

Douglas's Videos

Gold prices dropped in the first half of 2021 but concerns about inflation and capital preservation may be part of a collection of macro factors that could drive higher prices for the rest of the year. For stock investors not accustomed to including gold in their portfolio composition, there may be some opportunities to consider in gold miners and royalty stocks. In this session, Doug Gerlach will discuss some of his favorite gold miners from the perspective of fundamental, long-term focused investors, taken from his market-beating SmallCap Informer newsletter.
Is your portfolio strategy accidentally on autopilot? Has greed been driving your behavior? What are you doing with the overvalued stocks in your portfolio? While it may be impossible to remove human nature and emotion completely from the investment decision-making process, it is possible to understand and control many of the invisible forces that influence how you invest. Learn to recognize how your fears and misperceptions can lead you down the wrong path, and how following many of Wall Street's maxims cause you to make "dumb" mistakes.
Investment clubs have helped friends, family members, and co-workers to learn about investing in the stock market for more than 80 years in the US. In the process, many of these clubs have found the keys to successful investing. In this session, Doug Gerlach, author of Investment Clubs for Dummies, will present an overview of how clubs form and operate, and the strategies they typically use in their quest to outperform the market.

Tax-efficient investing is often a priority in selecting assets for an investment portfolio, and Exchange-Traded Funds (ETFs) are often a good strategy for minimizing a portfolio's tax burden means maximizing its long-term total return. In this educational session, Doug Gerlach will review the basics of tax efficiency as it relates to ETFs, especially when compared to individual equities, index funds, and actively-managed mutual funds.

Douglas's Books

Douglas Gerlach

The Armchair Millionaire

Packed with practical advice, personalized tools such as user-friendly worksheets, and actual stories of ordinary people who have built extraordinary portfolios using these methods, The Armchair Millionaire will show you how to get on the road to
Douglas Gerlach

The Pocket Idiot's Guide to Direct Stock Investing: Take Charge of Your Portfolio

A profitable purchase for investment enthusiasts. 'The Pocket Idiot's Guide™ to Direct Stock Investing' reveals an innovative style of investment that has been steadily growing under the huge shadow of Wall-Street home investors opening a Direct Stock Purchase (DSP) or a Dividend Reinvestment Plan (DRIP) now offered by hundreds of major corporations, commission free. Investment guru Douglas Gerlach, an expert in

Newsletter Contributions

Investor Advisory Service

Each monthly issue of the Investor Advisory Service is packed with information aimed at helping you make smarter investing decisions about the stocks in your portfolio. From helping you gain perspective on the broader economic outlook, to identifying new stocks to consider, IAS will educate and inform you each month.

Learn More