bivio Top 10 in Kiplinger

bivio's top 10 stocks held by investment clubs is highlighted in a Kiplinger's article on investment clubs. The top 10 are part of the 50 stocks that make the bivio Club Index, the only completely scientific tool to determine how well clubs pick stocks. The Club Index is constructed from actual club holdings and represents the collective wisdom of bivio clubs. The basket of 50 stocks is updated each month.

Investment clubs are all about learning

... "The NAIC now faces strong rivals in the business it conducts through a for-profit arm: selling Web-based club accounting software and other products. Foremost among those contenders is bivio, a Boulder, Colorado-based online outfit that ended 2001 with more than 8,000 subscriber clubs covering 51,000 members." ... " bivio grew despite a shift from free to subscription-based service." ...

Join The Club: The Bear has Thinned the Ranks of Investment Clubs, but these Websites can help the Survivors

... "bivio provides support for investment clubs in a variety of ways. Most importantly, it takes care of all of the administrative financial tasks that the club treasurer usually has to find - or make - time for. You enter transactions on the Website, and all necessary calculations are handled for you. ... You get all this - plus help in filling out some required tax forms - for $59 a year. For $30 more, you can link your club's site to your (participating) brokerage account and download transactions. And for $295 a year, bivio will print, sign and mail all required IRS forms. Extra charges apply for direct stock-purchase plans and dividend reinvestment plans, and for banks and brokerages not supported by bivio.com. A good idea, well-executed." ...

... "Amid daily reports of plummeting dot-com companies, Boulder-based bivio.com is doing very well, CEO Ion Yadigaroglu says. Although not yet profitable, the Internet service company that provides free accounting and tax preparation along with other services to investment clubs is on course for its long-term business plan." ... "The main reason bivio can avoid the big marketing costs is we offer a very valuable product that addresses a very needed service." ...

New Companies Offer Software, Help With Bookkeeping for Investment Clubs

... "bivio's free software calculates a club's daily net-asset value from stock-market prices, creates performance reports and provides tax-reporting information. $95 a year, clubs can add a service that automatically enters members' payments and stock transactions from the clubs' stock-brokerage accounts. And for $195 a year, bivio will do all the bookkeeping for an investment club, including filling out its tax forms. So far, the 13-month-old service has signed up more than 5,600 clubs as customers." ...

... "The Club Index represents the collective wisdom of its 5,000 member clubs," said Yadigaroglu. "We're confident over the long term that the index will show just how well these clubs do." ... more

Top 16 Sites of the Year 2000

"We celebrate the best of the best as our Online Investor Sites of the Year" ... "This lifesaver for investment clubs lets you and your pals concentrate on investing by handling all the administrative chores of your club. It's a great service that keeps getting better."

Team Players

"bivio is the Net's best resource for investment clubs. For managers of existing clubs, bivio can help relieve the tedium of accounting. It calculates and updates a club's net asset value every day, and it makes the portfolio view available to each member. When tax time rolls around, bivio fills out the IRS forms; members just print them out and sign. The free site also puts people in touch with others who want to start clubs, and a staff of advisers is on hand to answer club-related questions."

Community Investing Online

... "Although the Brothers and Sisters Investment Club (B.A.S.I.C.) is 5 years old, the group uses bivio in combination with its Money Central Investor Portfolio software package to prepare reporting documents. 'We started using bivio last year,' says club president Felecia Golden, a commercial development and elemental phosphorous business manager at FMC, an industrial manufacturing firm in Philadelphia. 'We were trying to find a new and better way to monitor our stocks and track our account'" ...

Site of the Week

... "Now investment clubs meet the Internet at bivio" ...

Web Sites Give Investment Clubs Advice and Tools

... "www.bivio.com is the cleanest and most straightforward site for clubs ready to make the leap to cyberspace" ...

bivio is the Top Ranked Investment Club Site

"Investment clubs are springing up all over the country. If you're thinking of starting one, bivio will help you at no charge. Read About Clubs to learn the basics before registering with bivio. When you're ready, the site will set up a private area for your club where you can keep the books and run a members' bulletin board to collaborate on investment decisions."

Online Investing Clubs Evolve Thanks to New One-Stop Internet Shops

... "After enlisting a soldier, a lawyer, a software engineer, a fireman, a toy store manager, another telecommunications worker and 'two administrative types,' Ms. Crist and the eight other Dart Throwin' Monkeys (more on that later) turned to bivio, a new Internet company based in Boulder, Colo., that offers services for investment clubs, to build a private site where they could communicate, store minutes from their meetings and keep tabs on which member was worth what, when" ... more

... "BUYandHOLD is tailor-made to fit the needs of investment clubs, which is why we're so thrilled to have entered into this agreement," said Ion Yadigaroglu, co-founder and CEO of bivio. "Investment clubs tend to be consensus-based and long-term in their outlook. BUYandHOLD has built its business for this type of investor, creating services, which lower costs and improve returns for customers with a buy-and-hold strategy. Our members will be delighted to have BUYandHOLD as a valued investment partner" ... more

The Cutting Edge

"On the Cutting Edge today: managing Investment Clubs on the Internet. Sasha: Joining me now is Ion Yadigaroglu, CEO of bivio. What gave you the idea that investment clubs out there need the kind of help you provide? Ion: Investment Clubs: it's a difficult problem to manage it all on your own because it's like being part of your own little mutual fund. You have to take care of administrating it, of doing all the accounting, or filing your taxes at the end of the year, and you also have to communicate with everyone else in the club and make sure that you are making the right investment decisions. That's what the Internet is best at. It's best at bringing people together and allowing them to collaborate online; making it fun and efficient" ...

WWW.Winner

"Investment clubs can simplify their record keeping by registering with www.bivio.com. When members' contributions and transactions are entered, the Web site will update the value of the club's portfolio at the end of the day and record stock splits and dividends. Members can view the club's performance and their own accounts. Each club has a private message board where members can post articles or chat. Individuals who want to establish an investment club may fill out a form to be matched with other interested parties. Experts will answer tax and accounting questions and explain the basics of forming and operating a club."

Hot Site: Investment Clubs

"Investment clubs - groups of people who get together and pool some money to invest - are invited to visit bivio, an online service that offers such things as free accounting, daily account updates and research resources."

Running and Managing an Investment Club Got a Whole Lot Easier when bivio Set Up Shop

"bivio qualifies as a Blue-Chip Pick, 'Web resources that tower over the rest' ... No more manual calculations of a club asset value on spreadsheets - just enter transactions, contributions, and fees, and bivio figures them for you. You get assistance in member correspondence, experts answer your questions on message boards, and the site is planning to allow club members to vote on investments at the site. No other site we know of offers this stuff" ...

Web Site of the Week:
Matchmaker, Matchmaker

... "bivio, a new site which, oddly enough, was founded by an astrophysicist who roomed with the founder of eBay while at Stanford, takes a good idea - virtual investment clubs - and provides a framework for just that. No friends that you want to start a club with? No problem. bivio will match you up with a group and provide a 24/7 electronic meeting place. Free of charge. Even better, it'll do your accounting for you and update it daily" ... Ease 5/5, Tools 5/5, Price 5/5 more

Investment Clubs Move Online -
Start-up bivio Offers Free Club Accounting

... "A new online service is taking upon itself to transform the back-office operations of investment clubs - semiformal informational consortia that fill a niche between do-it-yourself online brokerages and full-service houses" ... more

Forum Serves Investment Clubs - bivio Helps Clubs Manage Their Investments Online

... "The Internet has created a revolution in investing, and bivio takes that to the next level by enabling friends, co-workers or family members to experience the benefits of group investing on the Web" ... "already bivio is serving between 400 and 500 investment clubs" ... "We're bringing people back into the equation" ... more

Internet Seen as Financial Advisor to Middle Class

... "a bull market, combined with a growing number of Internet brokerage services, has busted open the narrow definition of investment clubs. Investment groups aren't just for elderly ladies anymore. New waves of computer users are forming their own online investment clubs" ... more

... "Investment clubs are a great way to start online trading. Start at the bivio Web site to find out how investment clubs work and how to set up and manage your own club" ... more

... "Our mission is to make everything as easy as possible. The easier we make it, the more people are going to want to do group investing" ... more

... "A revolutionary Internet company that mixes the popular trend of online investing with the growing sense of community offered by the Internet" ... more

... "bivio™ has launched a free Web-based service that facilitates group investing by enabling group members to meet, make decisions and manage their investment clubs online. Located at www.bivio.com, the service is designed for new communities of online investors as well as the 730,000 people who are active in more than 35,000 investment clubs already in existence" ... more