Thanks for the responses. Comments from those who responded are helpful. Setting a limit of having no partner contribute more than 20% of the value of the club makes sense (depending ,of course, on the composition of the club this might be a problem in ...
In a message dated 08/18/03 12:49:17 AM Eastern Daylight Time, spepper@bivio.com writes: Our investment club currently requires every member to pay the same amount of dues each month and we assesses a late fee when the payment is not received on time. We are considering ...
Our investment club currently requires every member to pay the same amount of dues each month and we assesses a late fee when the payment is not received on time. We are considering droping the late fee. If a member does not pay dues for ...
We are an existing investment club and have been trying to convert to Bivio for several weeks with little success. We are, therefore, seeking a club in Memphis, TN with someone who would be willing to help us with the conversion. Is there anyone out ...
We are an existing investment club and have been trying to convert to Bivio for several weeks with little success. We are, therefore, seeking a club in Memphis, TN with someone who would be willing to help us with the conversion. Is there anyone out ...
I see several "quick links" when I sign on to Bivio, including under "Investments" Bought stock, sold stock, and stock dividends. Any chance of getting a "reinvested dividend" quick link added?? Thanks!
>>Ira said << Of course, your partnership agreement must allow you to transfer shares. >> Are you saying that if your agreement is mute on the issue, you are precluded from using shares for the payoffs? I am not convinced that this is the case. ...
>>We have a member who is withdrawing and we want to pay her off in two or three payments. She will be getting cash and we don't want to sell any of our stocks. How do I handle this in the withdrawl page, where it ...
Club officers can save their complete club information to disk as an XML document (XML is an Internet standard for exchanging data that has been adopted by most companies in the financial industry). Until now, you had to email customer support the XML document and ...
We have a member who is withdrawing and we want to pay her off in two or three payments. She will be getting cash and we don't want to sell any of our stocks. How do I handle this in the withdrawl page, where it ...
Our club is still keeping their original bookkeeping system and I try to keep the Bivio up with our system. But I have trouble when a member withdraws. I enter the total withdrawal and the fee, but it never matches our bookkeeping. I do these ...
As long as you have at least two members, you can still maintain your club. What you are probably referring to is the rule that if more than 50% of the ownership interest in a partnership is sold or transferred within a year, the partnership ...
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You are dealing with what is known as an escheatment issue. If you hold an asset that does not belong to you (the former partner's investment value), the value eventually must be transferred to the State. This is a common issue in business where a ...