We are using Harris Direct and have no issues. Online brokers used to experience 'down time' or crashes back in 1998-1999. Some alleged savvy traders used to tout the two and three brokerage accounts as a way to conduct 24/7 trading. I am trying to ...
Our club is doing a lot of reorganization at this time. One of the problems we have always had is when to sell a stock. We would be interested in any criteria that other clubs have used in making this decision.
There is the easy method and the more complex method. An easy computation is to take total dollars collected less total dollars invested and divide by total assets on hand. This will capture fees, dues and other brokerage related transaction costs. If you take money ...
I would be interested if other clubs calculate their expense ratio to determine club cost effectiveness. In our early years we exceeded 2% due to the start up costs associated with starting a club. We have slowly declined expenses and raised investments - but we ...
Can one you tell me how you are computing your expense ratio? We are currently not doing this, but it is something I would like to do for our club. Thanks, Barbara Burgess, Treasurer MET
How many of you are maintaining two brokerage accounts? Please share your reason(s) for maintaining two brokerage accounts. We are in the process of leaving TD Waterhouse because of excessive fees and high commissions. One of our partners would like to keep them as a ...
Barbara, I can't think of a good reason to maintain two accounts for a small club. As you stated, you will be paying inactivity fees to TDWaterhouse, in addition to any trading fees/commissions at Ameritrade. If you have any problems at Ameritrade, you won't be ...
I've always wanted to manage my own mutual fund. I think this may be just the avenue I need to start. I have over 5 years investment experience. I currently reside in Massachusetts. Any monthly contribution will work. I'm not sure how to prove this ...
Just finished "Take on the Street: What Wall Street and Corporate America Don't Want You to Know -- What You Can Do to Fight Back" by Arthur Levitt with Paula Dwyer. The book is shorter (300 pages) than its title suggests. What I like most ...
DRE will be paying a dividend on 11/28. If you still owned IR as of the market close on 11/18, it will pay a dividend on 12/2. PAYX paid its dividend on 11/15. MO should go ex-dividend in mid-December. You can enter the DRE (and ...
No. You would have had to own it at the close of the market on 11/18. Ira Smilovitz In a message dated 11/20/02 7:04:55 PM Eastern Standard Time, minesman@bivio.com writes: Thanks Ira. One last one. The IR shares were sold the morning of 11/18 (aapprox ...
Our ckub has decided to disband effective 11/15. I am in the process of liquidating the portfolio. This should be complete by months end. Will I be able to print K-1's this year for 2002 activity or will I have to wait until January? I ...
I can't speak for bivio's schedule for releasing the tax software, but I wouldn't expect it much, if any, before December 31. In any event, that is irrelevant because if your club disbands in November, you have until 3/17/03 to file your final 1065. I'm ...
I couldn't agree with Lynn more. Original Message From: Garbagecop [mailto:garbagecop@foxinternet.net] Sent: Monday, November 18, 2002 10:01 PM To: The Club Cafe Subject: Re: club_cafe: New Club Looking to start Brandon, Please don't start an investment club. This is not the vehicle you are looking ...