You can now compare your club's performance to popular indices. The new report is called the Benchmark report, and it is viewable from your reports page. We also have a special new club called the ICL Wager Portfolio. This portfolio was created by Lowell Herr ...
We have recently been switched from Mydiscountbroker to Ameritrade. When I requested checks for the Ameritrade account, I was told I had to apply for a Margin Account in order to have check writing privileges. Could someone tell me if there are any *disadvantages* to ...
As treasurer of our club, I got annoyed handling checks. So we all had members setup a PayPal account (free). Each month, members "Paypal" their dues to the Club's Paypal account which is linked to a checking account. Our Ameritrade account is also linked to ...
I've searched through the Bivio reports I don't see anything that reports a stock's actual (unrealized) gain. For example, a stock bought at $5 goes to $6, I want the report to show a 20% gain. All I see is IRR which is skewed when ...
MAGIC Investment Club has had a margin account with Harris Direct since 1996. Our results have been outstanding as we have 'managed' margin purchases by paying off the balance in a short period of time. Using margin is no different than using a VISA card ...
You could find a broker that does have checkwriting associated with their brokerage account. You could open a checking account at a bank or credit union and transfer money from the broker to the checking account as needed. Ira Smilovitz In a message dated 11/04/03 ...
Ellen, There are two disadvantages. The first is that having a margin account means you can write checks (or buy stocks) for more than your balance in the account. You have an overdraft line of credit. If you should use the credit line each and ...
In a message dated 10/26/03 7:19:16 PM Eastern Standard Time, t_hick@bivio.com writes: What do we do when a member leaves the club? I mean with the taxes????? Are the taxes with the club taxes or with the members taxes??? Please let me know. Thanks, Lab ...
You can now view home pages of clubs on bivio who have allowed public access. Please visit: http://www.bivio.com/pub/clubs You can sort by state or country by clicking on the column heading. To visit a home page, click on the club's name. There's lots of information ...
What do we do when a member leaves the club? I mean with the taxes????? Are the taxes with the club taxes or with the members taxes??? Please let me know. Thanks, Lab ratz Stock Club
When to sell has always been a big problem with our club. Because we've continued to hold on to some underperforming stocks, they make our portfolio look pretty bad (average annual return rate on investments is at -24%). At what point to we decide to ...
If the company is good and they have good numbers. A niche in the market, then buy twice as much when is that low. Dollar avetage your investment. 8 out of 10 you will be in the positive. We were down 35% at the begining ...
Lynn, The easiest explanation I can think of is that someone entered an "old" (pre 10/3) transaction during the period between your experiment and the final calculation. This would have changed the total asset value of the club and, in turn, the unit value. The ...
Hello again! OK, I spent the better part of last week trying to understand the process of withdrawing a member in stock. So far, so good! I ran the member's withdrawal, up to the very end, then cancelled. (I wanted to explain it to the ...