I have read a lot of the message board looking for my answer and have been unsuccessful, so here goes. A member is withdrawing from our club. Members of the club have raised the following questions.On each question assume they are all cash buy outs. ...
Hi Christine, It is very difficult to do club accounting and keep everyone "equal" though I understand how many clubs start out thinking this is important. My own club felt this way for many years. But, a club should be a longtime group and sooner ...
Dear Sirs and fellow Bivio Users, I would like to ask your opinion regarding Valuation, - when a member makes a contribution the more accuarate valuation date to use is: a) the valuation of the NAV of the day before the contribution b) the valuation ...
Our Investment club has 3 withdrawing members as of the end of December 2010. According to our partnership agreement, we have 90 days to pay the leaving members. The valuation used is to be the one on 12/31/2010 since our club valuation is done for ...
Hi Everyone, Are your club records correct? Has your club been filing club taxes correctly? Is your club ownership being tracked correctly? To get the answers to these questions and more it's important to regularly go through a club audit and have an independent group ...
Hi Everyone, February is tax month and we'll be doing lots of auditing and tax prep webinars so I've moved the Club Meeting Meeting webinar that had been scheduled for next Thursday, Feb. 3, to Thursday, March 3. If you've already registered for it, I ...
I'm posting this note with permission from Laurie. I am an instructor for InvestEd, and I've been working with clubs and their issues for 17 years. A growing number of instructors are putting together formal classes on CD and selling them to the community. I ...
Hi All- Do any of you have PowerPoints or handouts you have used in the past to recruit members. I am getting ready to have a meeting to talk about investment clubs with prospective members and I don't want to necessaruily re-invent the wheel if ...
How do I find out the cost basis on our club's CSCO? I thought the 30 shares we sold on 12/09/01 was the lot that we bought on 11/20/2000, but when I averaged the other 2 figures, the 3/16/2001 54 shares plus the 1/19/2011 47 ...
Thanks everyone for your great support and tips. I really appreciate all the help. One last question - do any of your clubs use a PO Box for the club address? Or do you simply use the treasurer or president's home address? It seems like ...
Hi All, I am curious if any of your clubs allow non-local members or if any of your clubs are online clubs. How do you handle the various transactions, voting, etc? Currently, our club only allows members who can actually attend a meeting in person. ...
Good Morning Everyone, The club who won the contest to predict Apple's first quarter earnings has given me permission to share how they developed their contest entry. Many people have asked me how to make up a spreadsheet like the one we used for this ...
Hi Everyone, We have had quite a few people join this list recently and it appears as though there may be a little bit of misunderstanding on what they are subscribing to and how it works. I thought I'd try and clarify because an email ...