Great reply Ira, you beat me to the punch on this one. Its the same way inwhich I'm recommending our group to change too. Brian Believers Investment Group Original Message Follows From: IraS1@aol.com Reply-To: "The Club Cafe" To: club_cafe@bivio.com Subject: Re: club_cafe: Investment limit question ...
Bob, While the 20% rule makes a lot of sense, your situation is one where it does not. When you only have 6 members, it can be very difficult to keep everyone below 20%. If one of your members withdraws, it will be impossible (unless ...
I was wondering what happens to the unrealized/gains or losses when a member withdraws. Lets say member 1 invested $100 in my investment club and wanted to withdraw all their funds when his/her total value is worth $50 all of which is unrealized(no interest or ...
Several days ago (late December), as treasurer of our investment club, I paid for the subscription to bivio via my personal credit card. We do not have a cash account for the club. In January, I will pay my credit card bill. Should this transaction ...
Thanks Rob, I'm looking forward to checking it out. Also in passing it on to other clubs I might visit!! Brian Believers Investment Group Original Message Follows From: Robert Nagler Reply-To: "The Club Cafe" To: club_cafe@bivio.com Subject: club_cafe: Getting Started Guide Date: Mon, 23 Dec ...
We released a Getting Started guide: http://www.bivio.com/f/bivio-guide.pdf It's quite large (500KB), so have patience when you click on this link. Even if you are an experienced bivio user, you may still want to take a peek. It's full of tips about how to optimize your ...
Ted, I understand what you are trying to accomplish, but you are using the wrong approach. If we only ask our Senators/Assembly(wo)men to vote against S1770, we are ensuring that all investment club partners will be taxed. The tax is already part of the law ...
Ira, I think that the fact remains that the State wanting to tax clubs at all is ludicrous. We are a small group of investors who I agree won't immediately be subject to the tax right now due to the $25,000 limit which is proposed ...
Ted, I think you've confused a few things here. S1770 will NOT IMPOSE a $150 per individual tax on members that have $50,000 (or $25,000 if the S1773 language is adopted) in their club. The $150 per individual fee is ALREADY part of NJ law. ...
Dear Club Members in New Jersey, Please be advised that our State Government intends to vote on a Bills s-1770 or S-1773 which would impose a $150 per individual tax on members that have $25,000 in there club. My self and about 20 nj Club ...
The simple answer is you can't. Here's the longer version. The unit valuation method accounts for the changes in value of each of your investments and member contributions. In order for someone to get "caught up", he would have had to contribute the same money ...
We have a new partner that would like to, once his 3 month probationary period is over, make a payment to get caught up fully to the amounts of the original partners. How do I value the club (and at what point) in order to ...