Sent 01/28/2001
Club Index.
Representing your collective wisdom, the bivio Club Index is the first, completely scientific tool to determine how well investment clubs pick stocks.
To create the Club Index, we anonymously combined your stock ownership info with that of the other 5,000 bivio clubs. The portfolio was assigned a base value of 10,000 on the 1st of January, 2001. Each day, the index is adjusted to reflect gains and losses. The Club Index closed at 11,133 on Friday, up 11% for the year.
[press release]
TRUSTe License.
bivio Inc. is now a licensee of the TRUSTe Privacy Program. TRUSTe is an independent, non-profit organization whose mission is to build users' trust and confidence in the Internet by promoting the use of fair information practices. To demonstrate our commitment to your privacy, we disclose our practices in a Privacy Statement, and these practices are regularly reviewed for compliance by TRUSTe.
[view statement]
IRS Tax Forms.
Since January 7 you have been able to prepare and print from bivio your year 2000 tax forms. Club Officers need only visit the "Taxes" tab under Accounting, or click on "IRS Tax Forms" on your club Overview page. Investment clubs are required to file one copy of Form 1065, one copy of Schedule K-1 for each member, and the Schedule D and supplementary schedules. Don't delay, as club members will need a copy of their K-1 before they can submit their own individual return.
Recent Press.
We've received a number of new awards in the press. "This lifesaver for investment clubs lets you and your pals concentrate on investing (...);
it's a great service that keeps getting better" says Online Investor, choosing bivio as "the best of the best Online Investor Sites of the Year". Money Magazine named bivio "the Net's best resource for investment clubs", also in the January issue.
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