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Investment club participation and personal trading
Hello. Are there any good resource you can point me to that highlights as a club member what one cannot do in their personal accounts? I read wash sales is one area. Thank you (I admit I didnt google enough)
Your question: as a club member what one cannot do in their
personal accounts?
The answer: There is no connection between being a member of
an investment club and what kinds of trades you can make in
your personal account. The scope of your powers and the
types of trades you can engage in with your personal account
is governed by the agreement you have between the brokerage
firm where your personal account is held and you.

Trading on margin or trading options usually requires
additional requirements and agreements with your broker.
Making a "Wash Sale" is not prohibited, it just results in
different accounting for tax purposes, which may be
inconvenient. For that reason, many people try to avoid
making a wash sale.
Start with your Partnership Agreement and bylaws.  I also highly recommend having sufficient cash in your account to 'cover' stock purchases or you will be negatively surprised at what will happen.     -- Leo

On Monday, January 19, 2026 at 05:42:24 PM GMT-6, Raj Araga via bivio.com <user*42044800001@bivio.com> wrote:


Hello. Are there any good resource you can point me to that highlights as a club member what one cannot do in their  personal accounts? I read wash sales is one area. Thank you (I admit I didnt google enough)