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Annual Subscription Reimbursement Question
Hi, Would someone be so kind as to walk me through the steps I need to take in order to accurately record the Bivio subscription expense in Bivio? Basically, our membership came due and I paid for the membership out of my pocket and now ...
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McDonalds (MCD)
Many of your investment clubs own McDonalds. In fact it is the 8th most popular stock owned by bivio clubs. This is an interesting perspective on their recent price swing from Trefis. McDonalds Headed to 98 Showing Growth Despite the EU Crisis As Trefis points ...
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What Can Your Investment Club Do When The Market Is Going Sideways?
Covered Options-A Tool For The Fundamental Investor Wednesday, June 27, 8:30PM ET Do you own stocks that you are holding for future capital appreciation? Would you like to learn more about some simple, conservative options trading strategies that can help you to generate some additional ...
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Cash Dividends
My club reinvest the dividends of our stocks. But for a short time we decided to switch to receiving the cash instead. I noticed that the cash dividends shows up as a costs in the total costs. If we receive cash instead of reinvesting in ...
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What's at Stake. Insights into The Federal Governments Finances
In very simple laymans terms, the AICPA gives you some perspective on the state of US finances. What's at Stake. A CPA's Insights into The Federal Governments Finances It's simple and it's clear and it gives you a frame of reference as you're listening to ...
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A bivio Club Goes To Paris
The June Dashboard Diagnostics session featured a bivio investment club from New Jersey. Active for many years, this group decided recently to withdraw some of the money they'd accumulated in the club and use it to share a different adventure together. They took a cruise ...
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Identifying Lots in A Stock Sale
If you buy the same stock at different times, you will hold what is referred to as multiple "lots" of it, each with their own cost basis. If you own multiple lots and you don't sell all of your holdings at once, you'll need to ...
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The System Of Investor Protection
Annual financial statements must be audited by external accountants prior to their release. What does that mean? What is involved? This is a fun, short (less than 5 min) video from the Center for Audit Quality that gives you an overview of the process and ...
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[LLC's
You don't want to own Linn Energy within an investment club. Linn is treated as a partnership for tax purposes. It issues a K-1 which you will have to manually transcribe to your club's 1065 as well as manually allocate the various items of income ...
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[LLC's
LLCs are state-created entities. Therefore, there is no specific tax treatment for an LLC - it could be treated as a corporation, a partnership, or a disregarded entity. Without knowing the specific potential investment, you can't get a definitive answer. Ira Smilovitz In a message ...
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Internet Trends
Mary Meeker, an Internet sector analyst, gives a presentation every year that gives a comprehensive overview of Internet Trends. If you are making investments in companies whose business is dependent on the internet, it provides you with a lot of valuable information that allows you ...
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The need for financial advice may be more psychological than practical
Nice article in The Economist about expert advice: http://www.economist.com/node/21556625 If you don't know about Tetlock's work, you should. There's a human instinct for explanations, even if they are wrong more often than not. It's good to know why this is, and the book "Thinking, Fast ...
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10 Items Club Treasurers Have Questions About. Answers Tonight!
Do you know.... 1. Why you might not want to pay for investment club dinners with a club check? 2. The best way to handle contributions that members make in advance? 3. How to account for a bounced check? 4. What you need to determine ...
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For Those of You Interested in MLP's....
KYN is an interesting investment a club asked us about this morning. It's a corporation that invests in MLPs. Since it's a corporation, any income comes to you as corporate distributions, not the partnership distributions that cause problems with your investment club accounting.when you purchase ...
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Wash Sales
When you hold stock it is important to have an understanding of wash sales. If you have a wash sale, you must postpone the recognition of a loss until you completely divest yourself of the security. If you purchase or repurchase it or something "Substantially ...
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