No, the money cannot be put in a 401k if that is what the person is asking. The fairest thing to do is to sell stocks and pay cash to everyone. Otherwise tax implications will be unequal. You will still need to file a tax ...
The hot topic for investors these days is tax inversions.A These happen when a company reorganizes from being based in the US to being based in another country in an effort to avoid US taxes. There are several companies that are popular in the bivio ...
Hi John, I'm not sure why the other members would have an issue transferring your appreciated stocks.A They have postponed recognizing the gains in them which is a good thing.A A Your club could also repurchase them immediately if they still liked the companies and ...
Thank you all for your information on the Withdrawal fee topic. On Tuesday 26/08/2014 at 11:34 am, John Rice wrote: I agree with Mike. We do have a withdraw fee, although we should call it a penalty to discourage someone from joining and then leaving ...
A professor named Bruce Tuckerman described 5 stages that groups go through. They are Forming, Storming, Norming, Performing and Adjourning. You can find some very interesting descriptions of each of these stages here: Using the Stages of Team Development and here: Forming, Storming, Norming and ...
Thank you that is pretty clear. On Monday 25/08/2014 at 3:15 pm, Laurie Frederiksen wrote: Hi, Here are the instructions for entering a withdrawal: https://www.bivio.com/site-help/bp/Member_Withdrawal_Help The withdrawal fee is one of the pieces of information you include on the withdrawal form. When you accept the ...
Hello All, I am writing again about our club's withdrawal fee. Our club charges a withdrawal fee which at times can amount to a sum of several hundred dollars. How should this be entered in Bivio accounts so that the withdrawing member's records are correct ...
Hi, I was in a McDonalds while on a road trip recently and it had a nice glass walled meeting room area off the main lobby.A I hadn't seen that before,A it might have been a former playground space.A It looked to me like a ...
Here's a good question we recently received from one of your investment clubs: "What's the best clue that something is a MLP or a LP as opposed to a stock?A Is there a site that provides their structure?A We don't need any tax hassles or ...
In Better Investing Voice Russell Malley says: One misconception is that the cost basis of the members is associated with specific purchases of units, with each purchase having its own cost basis similar to mutual fund shares. This isn't true. As general partnerships, investment clubs ...
The discussion here recently about handling a disruptive member is one some of you can probably relate to. If you Google things like "Managing Disruptive Group Members", you will find quite a few useful ideas for dealing with that situation in groups such as your ...
In the by laws you can have a clause that a member can be removed for any reason by a majority vote of the officers of the club. (It could be a vote of the partners, but that might result in bad feelings if it ...
Laurie, We have a member who wants to make a sizable contribution to increase his holdings in our investment club. I'm aware it doesn't affect the value of other club members, and his contribution will buy "units" which will result in recalculation (downward) of each ...