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 ...
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 ...
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 ...
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 ...
We are a club that, due to geographical reasons, cannot meet as much as possible. We would like to explore the possibility of conducting meetings online, in a private chat room. However, we do not know where to begin in regards to this. Are there ...
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.
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 ...
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 ...
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 ...
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 ...
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 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 ...
Any clubs out there out there who would be intrested in having a multi club meeting. We are all after the same thing, profits. Why not get together and share ideas on stocks, accounting, and ideas in general. Please E-mail, Kevin Duffy ( In the ...
Based on the disclaimer at the bottom of your note - you certainly don't need any additional legal advice. In all seriousness, internal control is important for investment clubs. We have different members who are able to> sign checks, make trades and deposit money. Broker ...