club_cafe: Partner individual buys
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club_cafe: Partner individual buys >>Some of our members want to buy stocks individually and hold in our club account eliminating the need for an individual B&H account. Is this possible and would it throw our numbers out of wack?
It is definitely NOT possible. I can't begin to describe the reasons why this is a bad idea. Taxes, liability, record keeping, authorization to issue directions to the broker, etc.
Ira Smilovitz |
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