I hope everyone who was in the way of the severe weather last night has made it through OK. If you were not able to attend our webinar about Getting Ready for Investment Club Tax Season, you can find the presentation and the recording posted ...
In February 2012, Southern Copper Corp (SCCO) paid a stock dividend of 0.16050. This was never recorded in Bivio, and discovered when we sold the originally purchased shares, leaving a balance of 0.16050 shares. How do I record it now in order to balance/close out ...
Want to avoid any tax season surprises? Take a little bit of time this Sunday evening to think about your investment club taxes so you won't have any surprises when it's time to do them for 2013. Join us for an hour on November 17, ...
I know in the past that we had been warned against purchasing REITs in investment club portfolios. Is that still the case? Does it cause a problem at tax time? Thank you. Linda
How is your investment club reacting to the rise in the market this year? Do you think it's peaking and doom is around the corner? Are you staying invested or moving to cash? Morgen Hausel from the Motley Fool has some interesting thoughts on reacting ...
For those of you who missed the webinar on the 2013 Forbes 100 Best Small Cap Stocks, the recording is now available for you to view: Forbes Best Small Companies - 2013 If you like it and want to have Manifest Investing provide more, make ...
Recently, as club treasurer I have been finding financial discrepancies between our monthly statement from TD Ameritrade and the end-of-month Valuation report I generate from Bivio. The amounts are small, but they differ. As club treasurer I need to balance the books, and hunting down ...
We would recommend that you keep a paper or PDF copy of the actual tax returns you file for your club each year. If you never change any data in bivio, you would always be able to re-generate them. However, we run into situations where ...
Hi all, I've got an e-pal looking for a club in the Kansas City area. I realize that's a big area, but I was hoping someone here would be watching. Let me know, Thanks, Lynn Ostrem garbagecop@gmail.com
Hi, I am with a group of 60 friends that all currently hold positions in different stocks and would like to continue to hold these positions and not sell. Can we transfer these stocks into the club fund, or would we need to sell all ...
Sorry, but we are new to investment clubs, so you will probably hear a bunch from me! Question: If some of us currently have positions with certain companies, and want to transfer funds to a club, when does the holding period begin? Is it when ...
Hi Everyone, The IRS is warning everyone about a tax scam that is going around right now. Thought we'd help them pass along the information. Hope you can help get the word out too. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! ...
An investment club is, in many ways, a little cousin to a mutual fund. I was having a discussion with one of our customers about NAV and he sent me some links to some interesting articles about the SEC regulations concerning mutual fund pricing. One ...
Hi Zak, What you are proposing is acceptable under IRS regulations. The 'holding period' of each security so transferred would start with the date that the particular member acquired the security. Unfortunately, although the transfer is permitted under IRS regulations, no existing software is capable ...
We got this today from one of our clubs. I thought since all of you are members of investment clubs that you would appreciate the positive experience he describes. First I have to thank you for the service you provide investment clubs. Ours started out ...