Recently, as club treasurer I have been finding financial discrepancies between our monthly statement from TD Ameritrade and the end-of-month Valuation report I generate from Bivio. The amounts are small, but they differ. As club treasurer I need to balance the books, and hunting down ...
Want to avoid any tax season surprises? Take a little bit of time this Sunday evening to think about your investment club taxes so you won't have any surprises when it's time to do them for 2013. Join us for an hour on November 17, ...
Hi all, I've got an e-pal looking for a club in the Kansas City area. I realize that's a big area, but I was hoping someone here would be watching. Let me know, Thanks, Lynn Ostrem garbagecop@gmail.com
Hi Everyone, The IRS is warning everyone about a tax scam that is going around right now. Thought we'd help them pass along the information. Hope you can help get the word out too. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! ...
An investment club is, in many ways, a little cousin to a mutual fund. I was having a discussion with one of our customers about NAV and he sent me some links to some interesting articles about the SEC regulations concerning mutual fund pricing. One ...
Hi Zak, What you are proposing is acceptable under IRS regulations. The 'holding period' of each security so transferred would start with the date that the particular member acquired the security. Unfortunately, although the transfer is permitted under IRS regulations, no existing software is capable ...
Sorry, but we are new to investment clubs, so you will probably hear a bunch from me! Question: If some of us currently have positions with certain companies, and want to transfer funds to a club, when does the holding period begin? Is it when ...
Hi, I am with a group of 60 friends that all currently hold positions in different stocks and would like to continue to hold these positions and not sell. Can we transfer these stocks into the club fund, or would we need to sell all ...
We got this today from one of our clubs. I thought since all of you are members of investment clubs that you would appreciate the positive experience he describes. First I have to thank you for the service you provide investment clubs. Ours started out ...
Wow! Thanks. I will dig further. Jenny Sue Sent from my Verizon Wireless 4G LTE DROID Laurie Frederiksen <laurie@bivio.biz> wrote: Dear Jenny-Sue, The cost basis numbers in bivio have been entered according to the information provided by the company for allocating cost basis and are ...
Our club previously owned 196 shares of Newscorp Corporation (NWSA) stock. We sold 96 shares before the spinoff of Twenty-First Century Fox, Inc. (FOXA) in July 2013. Now, TD Ameritrade shows us with 100 shares of FOXA at a cost of $15.008 and 25 of ...
Hi, we are a club looking to start based in Dallas, TX. We have many members in other states (NY, NJ, PA, CA, etc). How do I go about understanding how the taxes would work for our members? Does this pose a problem? Thanks.
Our club received this notice today from ETrade. "IMMEDIATE ACTION REQUIRED Your account may be subject to back-up withholding tax of 25% on taxable dividend payments if you do not certify your business and/or trust accounts under the Canada Revenue Agency (CRA) regulations." I downloaded ...
The slides from last nights Manifest Investing presentation on the 2013 Forbes Small Cap List are now available here: 2013 Forbes Small Cap List - Manifest Investing Analysis The recording will be available next week. We'll let you know when it is. Laurie Frederiksen Invest ...