I am joining an investment club in October. While I totally
understand the group mentality as far as investing is
concerned, my husband wants me to track our individual
portion of the club on Quicken with the rest of our
financial investments. I'm a little confused on how to do
this. Do I take my percentage of the club and just use that
as far as the percentage of market value for each stock we
own? Could it be this easy or am I trying to make things
more complicated than they really are?

Madeleine, you don't own a percent of each stock in the club, you own a
percent of the club total, including cash on hand. You should get a Member
Status Report each month which will track your contributions, your tax
basis, and your Market Value and percentage of the club you own on the
club's valuation date each month. Gene Rooks

Hi Madeleine,

Gene's right, you will own a percentage of the entire value of the club.
Just like with Mutual Funds, your monthly contribution will buy "units" in
the club. The valuation statement and member status report you will receive
from the club each month will give you the number of units you bought and
the price you paid for them. This easily allows you to track them in
Quicken. But then, if you have a monthly member status report from the
club, there's really no point! Your choice.

The only nice thing about tracking your ownership in Quicken is that it will
be included in the entire retirement/investment portfolio if your husband is
following everything.

Enjoy your new club!

Lynn Ostrem, President
garbagecop@earthlink.net
Crow River Investment Club
www.bivio.com/crowriver