Here is the ride we all went on as investors last year: An inevitable question when viewing this is "Are you better off now than you were on 1/1/2011? More Happy New Year to you all! -- Laurie Frederiksen Invest with your friends! www.bivio.com Become ...
If a member chooses to withdraw, can some or all of the remaining members pay the withdrawing partner and retain the stocks in the account? Would it have to be equal shares purchased or can some buy more than others? Connie of the WIN club
We also tried 15 members and it did not work. We have 8 active members with $50 dues and things are working fine! The most we would consider is 11, one for each monthly meeting. We have a party with husbands in December. Original Message ...
In a message dated 1/15/2012 10:54:00 A.M. Eastern Standard Time, laurie@bivio.biz writes: I think anyone that has any question about whether their activities can be considered to be those of an investment club or something more sophisticated that is subject to more extensive registration and ...
As someone I knew long ago used to say, "When in doubt, check it out!" Here's a link to the SEC's explanation of the relationship between investment clubs and the SEC. http://www.sec.gov/investor/pubs/invclub.htm Ira Smilovitz In a message dated 1/15/2012 9:35:25 A.M. Eastern Standard Time, mikeshoppell@gmail.com ...
We sometimes hear from clubs that say they are considering disbanding because a couple of members are leaving and they'll now "only" have 8-10 active members. What club size works for you? It would be great to get some different perspectives we could pass along ...
The 99 member limit is an SEC issue, not an IRS issue. Ira Smilovitz In a message dated 1/14/2012 5:28:22 P.M. Eastern Standard Time, dabay3@sbcglobal.net writes: We've been in existence since March 1988. We currently have 36 members and we have had as many as ...
i am preparing the materials i will need for the annual audit. what is and where can i find "individual security ledgers for all current stocks"? how will i use them? Deannie
Hi All - Our club is currently with Scottrade and they will not allow us to have checkwriting privileges or do electronic transfers into our account from a linked checking account. I am wondering if any of you have had success with getting Scottrade to ...
WE have a member who wishes to transfer a portion of their shares to another member as settlement of a debt. Is this possible without incurring a taxable event?
We have a National Taxpayer Advocate whose job is to report to Congress each year about IRS issues affecting taxpayers and their dealings with the IRS. "Federal law requires the National Taxpayer Advocate to submit an Annual Report to Congress that identifies at least 20 ...
We use TDAmeritrade and they provide all those choices. In a message dated 1/11/2012 8:42:27 P.M. Pacific Standard Time, taro-asami@sbcglobal.net writes: Our club Rose of Sharon is currently w/ Chas Schwab. For info on inv service, brokerage,product fees, use locator for nearest branch by using ...
These are some of the topics of discussion at last weeks Trefis webinar. The recording is now posted for you to view at: January 5 Trefis Webinar The discussion included things like, Why does Pepsi command a higher PE than Coke? How many subscribers does ...
No. CO and MN only require filings from domestic (that is, registered in that state) clubs. PA (and NY and NJ) require filing as long as a partner is a resident of the state regardless of where the club is registered. Ira Smilovitz In a ...