Last nights Club Meeting Meeting presentation about the new Cost Basis Reporting rules is now posted at www.bivio.com/clubmm

I would encourage everyone to review it. It is important that you review and possibly adjust the cost basis method that has been set by default for you on your brokerage accounts.

To keep your club record keeping as simple as possible, we are recommending that you choose First In First Out as your cost basis method, not only for stocks but also for mutual funds, DRIP's and ETF's.

If you go to your brokerage account or call your broker, they will be able to tell you how to find out what the default has been set to and also how to change it.

Please email us at support@bivio.com if you have any questions about this for your accounts.

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Laurie Frederiksen
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