I just finished doing the final distributions for closing out our club.A However, the amounts to be distributed and the amounts that actually posted when I did the final withdrawals are off by $.01.A Riggsa€(TM) distribution from the bank account is $.01 more than her ...
Doing a quick reconciliation each month and checking your cost basis when you sell a stock are two of the most important treasurers tasks. These are two of the topics we'll be discussing this Sunday evening in our webinar describing how to perform your "Monthly ...
Investment clubs do not conduct business nor deal in products nor services. They just invest so there is no need to worry about liability, other than fraud committed by a partner. An LLC or LLP would subject the club to additional fees paid yearly to ...
Most of investment clubs are structured as unregistered partnerships. I would like to put my club as incorporated LLC or LP(limited partners). Where can i find sample agreement or membership agreements suitable specifically for LLC or LP type of investment Clubs? Any particular changes should ...
We do our monthly investments using electronic funds transfer into our club checking account at Comerica bank. We received a deposit in mid April for $130.76 that we can't tie to any partner. We've asked the bank to research it. They can't find any information ...
I think it's safe to say that most of us involved in investment clubs are Do It Yourselfers.A We want to have the knowledge to make our own financial decisions.A Even if we eventually need help, we want to know enough that we ask good ...
thank you especially Linda and Paul... we will review your responses and make a decision. Sent from Surface Pro From: Linda Sent: ‎Tuesday‎, ‎May‎ ‎13‎, ‎2014 ‎1‎:‎14‎ ‎AM To: club_cafe@bivio.com We use Fidelity. You can get them to give you 50 free trades and then ...
Our club has decided to switch from TD Ameritrade. WE are looking at Fidelity. I was wondering if anyone uses Fidelity and what has been your experience... especially customer service when there is a problem. Thanks in advance Sent from Surface Pro
Hi Judy, Here is the list of AccountSync brokers.A We can import their transactions automatically: AccountSync Brokers Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! A www.facebook.com/bivio Follow us on twitter!A www.twitter.com/bivio Follow Us on Google+ Click here to Subscribe to the ...
During last nights webinar, one of the participants asked about charging penalties when someone was late with their club contributions. Do any of you have any advice/experience you could share with her? How does your club handle late member payments?A Have you found your methods ...
I was wondering why people started posting so many old photos on Facebook.A After some research I discovered I am totally out of it.A They are part of the new "Throwback Thursday" movement.A It is fun to see them. We don't have old bivio pictures ...
Sometimes you'll own stock in a company which files for bankruptcy.A A recent example is Patriot Coal.A It's original ticker was PCX.A Some of you may have received shares when it was spun off from Peabody Energy (BTU) in 2007. In 2012, Patriot Coal filed ...
Is it possible to Gift(not sale) investment Club Units from one club member to another club member(within same club)? I am aware of annual gift limits of $13000 or so.. Any IRS forms or Club agreements to fill for such gifts?.. Thanks
Switching to Bivio was the best decision our club has made. Account Sync has made my job as treasurer so much easier and less time consuming. Once we got rid of all of our DRIP accounts, it takes only a few minutes each month to ...
Now that we've made it through tax season, it would be nice to hear some feedback from you all. Did the process go smoothly for your club? We changed the tax preparation page a little bit this year.A The intent was to try and give ...