What are Your Questions?
| HelpRegister |
What are Your Questions? Good Morning Everyone, I am working on more material for the bivio Library page and for webinars in the coming months. I have quite a few ideas for topics but your input would be very valuable to help prioritize things. If you have a few minutes for some feedback can you let me know things like: What questions do you have about being a club treasurer that you would like to have more information on? Are there any operating issues your club has that you'd be interested in more information on? Why types of topics would you like to see webinars about? Thanks in advance for any input. -- Laurie Frederiksen Invest with your friends! www.bivio.com Follow us on twitter! www.twitter.com/bivio
Dear Laurie:
Thanks for the continuing great support!
Our club has a pretty good handle on buying and selling
stocks, taxes, withdrawals, etc, and Bivio and your marvelous Staff get a lot of
the credit.
That said, one persistently difficult area is the ongoing
measurement of the Total Portfolio Performance (TPP?). I realize that
ManifestInvesting (MI) is useful in that regard ( I have not been
successful in generating much Club interest in MI), and your recent "Quest for
Positive Relative Returns (QPRR)" is spot-on ( same fate as MI, for the moment),
but still my beloved Club struggles with this important area of total and
cumulative portfolio performance ( as do I and most of the investing
world).
Recently someone on Club Cafe made a mention of Louis
Navellier's "Portfolio Grader" and I have found that a quite interesting
device for both my personal and club portfolio's. I do not have any real
understanding of how Navellier creates his "grades", but for the moment I am
taking them on faith at face value. One important advantage of this device, like
most of the Bivio tools and forums, is that any club member can access it for
free at any time ( By contrast the full depth of MI is only available to a paid
member). Used in conjunction with MI and QPRR and some other devices that our
broker, Fidelity has to offer, I hope to craft a complete "kit" that captures
stock quality as well as total portfolio return. - The Golden Grail - and I am
naive enough after forty years at investing to KNOW that we can get there!!
There is no fool like an older fool!!
Hope this helps!
Best Regards,
Leo Cardillo
Treasurer, 711 Investment Club From: club_cafe@bivio.com [mailto:club_cafe@bivio.com] On Behalf Of Laurie Frederiksen Sent: Monday, July 19, 2010 11:02 AM To: The Club Cafe Subject: club_cafe: What are Your Questions? I am working on more material for the bivio Library page and for webinars in the coming months. I have quite a few ideas for topics but your input would be very valuable to help prioritize things. If you have a few minutes for some feedback can you let me know things like: What questions do you have about being a club treasurer that you would like to have more information on? Are there any operating issues your club has that you'd be interested in more information on? Why types of topics would you like to see webinars about? Thanks in advance for any input.�� -- Laurie Frederiksen Invest with your friends! www.bivio.com Follow us on twitter!� www.twitter.com/bivio
Laurie: I'm interested in knowing what classes I need to take to be
effective and what "groups" I should belong to to keep update; all
this without being inundated with stuff! Maybe be a checklist of items
would be good to include: what to know and where to find the info. Mary Hi Mary, Thank you for the input. It is a good idea. Are you a new treasurer or are you a member of a new club? -- Laurie Frederiksen Invest with your friends! www.bivio.com Follow us on twitter! www.twitter.com/bivio
Laurie: I am a new member of the Orange County Model Club but this is
my 3rd club. I am going to be Asst. Treasurer so that I have time to
learn and ask questions before I need to take over. I was treasurer of
a group in Cleveland, O. a few years back but need to refresh
computerized info. I want to know what general web education is
available that I can make myself more prepared; there are so many new
computer choices in education. I signed up for Manifest to find out
what it does and will use the trial subscription to get comfortable
with the software. Don't know if I am ready for it yet or what it can
do for me. So, put me on every webinar avail and I won't complain!
Hope to get to the regional conference in Ventura, Ca. in October.
Thanks for your help, I want to see the Saturday webinar thru
Manifest, do I need to sign up for it? Mary
Laurie: I was an assistant treasurer thinking that I had a year to
learn the ropes; alas, the treasurer resigned and I am now responsible
and need a steep learning curve!!! Any suggestions of what to take
first and so on would be greatly appreciated. Mary
Laurie: I am a new member of the Orange County Model Club but this
is my 3rd club. I am going to be Asst. Treasurer so that I have time
to learn and ask questions before I need to take over. I was
treasurer of a group in Cleveland, O. a few years back but need to
refresh computerized info. I want to know what general web education
is available that I can make myself more prepared; there are so many
new computer choices in education. I signed up for Manifest to find
out what it does and will use the trial subscription to get
comfortable with the software. Don't know if I am ready for it yet
or what it can do for me. So, put me on every webinar avail and I
won't complain! Hope to get to the regional conference in Ventura,
Ca. in October. Thanks for your help, I want to see the Saturday
webinar thru Manifest, do I need to sign up for it? Mary I was an assistant treasurer thinking that I had a year to learn the > ropes; alas, the treasurer resigned and I am now responsible and need a > steep learning curve!!! Any suggestions of what to take first and so on > would be greatly appreciated. Dear Mary, My suggestion would be to go to the bivio library page: www.bivio.com/hn/library-faq.html You will find a whole section there labeled "New Treasurer" Each of the links you will find there will give you a lot of information on what you need to do as a club treasurer. Good luck! Don't forget there are lots of people here to support you if you have questions after reviewing the material. Laurie Frederiksen Invest with your friends! www.bivio.com Mary: Relax, if your club uses bivio then there is much less work involved being treasurer than several years ago. First, being web-based, forget about all that time you used to spend obtaining and installing updates to the accounting software on your computer. Second here is list of three things you can do to reduce your workload even more. If your membership will not accept all of them at once, then implement any you can as it will save you time. a. Use a broker that supports the autosync feature of bivio so you dont have to enter all the data manually. Auto download also will identify most transactions correctly so you only have to review the entries; not figure them out in advance. b. Get the members to use the penny system to identify their individual contributions of capital. c. Get the members to sign up for auto pay from their checking accounts to the brokerage account. Our broker pulls the monthly contribution of the members automatically from their checking accounts on the same day each month. It saves me from having to process checks, chase down delinquent members, and the cash is available to invest on our meeting night. Good Luck Jack Ranby, Treasurer Grants Partners Investment Club, Phoenix AZ > I was an assistant treasurer thinking that I had a year to learn the > > ropes; alas, the treasurer resigned and I am now responsible and need a > > steep learning curve!!! Any suggestions of what to take first and so on > > would be greatly appreciated. > > |
|
||||||