Gurus: Our recently deceased member has caused us to reflect on details and it dawned on us that we have never made any changes to the "filing" we did with the county courthouse when we chartered. I was not a member at that time, so ...
It's a deductible expense. Brokers are now allowed to charge ADR/ADS dividend processing fees. Ira Smilovitz In a message dated 7/6/2008 1:26:37 P.M. Eastern Daylight Time, lynn@bivio.com writes: We received an agency processing fee of $1.00 along with our dividend this month from our Infosys ...
Hi all, We received an agency processing fee of $1.00 along with our dividend this month from our Infosys ADR. How do we handle that fee? Should we enter it under "Charges"? Or should we enter the dividend net of this fee? Other? Thanks, Lynn ...
Hello, I have a simple question- We use an automatic investment plan and I our brokerage pulls the amount we decided to invest in the stocks we have chosen as a group and the purchase takes place on a tuhrsday afternoon. Our money is pulled ...
It's me again. now i have incorrectly entered members' contributions for their Better Investing magazine subscription as "income". I realized it should be in the suspense account and thought i had deleted and corrected (since their funds were only passing through the checkbook as I ...
I am trying to order toolkit five at a discount and i cannot find the promotional code it asks for. any ideas? does it have to do with the state I live in, Oklahoma? Deannie
That's what I would have recommended if I had responded before Rip. So that's two votes. Ira Smilovitz In a message dated 06/23/2008 6:36:26 P.M. Eastern Daylight Time, ripwest@comcast.net writes: If an expense is not to be borne by all members, it is not a ...
I entered each member's payment of dues under MEMBERS, then the FEES tab, then the amount each paid in. BUT, I then put the payment of ALL the dues payable, plus the club dues, on my credit card, then wrote a check from the club ...
In a message dated 06/23/2008 9:18:05 A.M. Eastern Daylight Time, garbagecop@gmail.com writes: Hi Jason. My club doesn't inform the broker of our members' comings and goings. But then, we have a separate bank account where we deposit our dues, then have our funds transferred through ...
Hi I have started a club a couple months ago and sent in the paperwork to the state and broker for the investment club. My question is, when a new person joins do I have to inform the broker of the new member Thanks, Jason
Greetings! Will someone please explain the penny entry form of payment that has members add one cent, two cents, etc. to help with keeping track of members payments? I appreciate any input. Thanks! Johnny
"A flat rate for x trades should be logged as a deductible investment expense and not commissions. A commission is included in the cost basis of a stock only when it is directly tied to that transaction. " After re-reading your answer I think I ...
Thank you very much for the advice. At mystockfund.com you purchase stocks on an autoinvestment schedule at .99 per trade with a max of 10 different stocks to equal their monthly minimum comission fee of 9.90. The amount desired to invest in just the stock ...