Our club is preparing some standardized stock buying proposal guidelines, and I'd like to get some feedback from any other clubs who have already done this, or from those who have suggestions as to what to include in such guidelines. Our objective is to provide ...
I have simple and maybe silly question about partnership taxation. example : partners A and B put together $6000 and $4000 at the start of year 2014 in Fidelity brokerage. brought some stocks for all of $10000. during the year..(assume no dividends received and none ...
We had a member of PIG (Pennsylvania Investment Group) mention that we should start building a position in crude oil. First, is USO an approved ETF with Bivio? We do not want any tax headaches. Second, are we just better off with E&P companies such ...
You know all those companies that move offshore and cause you to pay capital gains earlier than you wanted to while they save on taxes?A Here's an interesting story about the guy who dreamed up corporate tax inversions, the process that lets them do that. ...
My Brokerage firm (Fidelity) makes a distinction between cost basis vs default disposal method. For both stocks/etf and mutual funds they list FIFO as the default disposal method which is the same terminology Bivio uses for Default Cost Basis Method in the Tax Preparation webinar. ...
Our club has discussed buying ETF's. I thought there had been prior discussion on this subject, however I'm not able to locate it. Am interested in the pro and cons and any effect on the treasurer. Thanks
Our club owns Walgreens, at the close of Dec. 30 the stock symbol was WAG and closed at 76.05. On Dec. 31st the stock symbol was WBA and closed at 76.20. How do I make this change in Bivio? Under a reorganization merger agreement approved ...
Good morning everyone, There are a lot of articles today about motivation and setting goals.A It's something we all focus on as we move into a new year and what always feels like a new start. But along with setting goals for the future, I ...
In reviewing my Fidelity account details for dividend distributions I found 2 that were classified as Non-Qualified. Since they are very trivial amounts the most expeditious thing to do is to edit the Bivio entries to mark them as non-qualified. Perhaps I'm missing something but ...
Hi Everyone, I've searched for the answer to this but am stumped. Our brokerage company changed our account number. I can establish a new account on Bivio and transfer the cash portion of the account to the new number, but what I can't figure out ...
Hello How does one go about gathering like minded people to start a club? All my friends are too lazy to learn anything or too busy with night life. I am in Manhattan and curious if there any new clubs here and how they got ...
For any who want further reasons for not investing in partnerships, I ask you to talk to clubs that still thought it was fine to purchase shares in KMP and EPB.A They are both being converted from partnerships in a reorganization action taken by their ...
Congratulations to Bivio from all of us here at Double Digit Investment Club. We are a new club, and at first we did not know what to do or how to operate. We made mistakes and had no where to turn to. Finally we said ...