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 ...
Is there much interest out there for making a calendar available for clubs on this site? Also, how about a way to tabulate votes? Both of these were available via NOCA (the IClub site - I think that was the name) and I think these ...
Bivio has made it realy easy for us to track our investment and tax reporting. I agree with others when you ask for new innovations and improvements. The voting poll is a nice feature to have. Also, historical graphs on the stock performance would be ...
Thanks Lynn It appears to me that you have some experience with trading securities in foreign markets. Am I correct? If so, how was your experience? Wayne
Thanks Lynn It appears to me that you have some experience with trading securities in foreign markets. Am I correct? If so, how was your experience? Wayne
Our club will like to buy stocks that are traded in foreign markets. We've been following the DHL/Airborne merger and discovered that these companies are not traded on the US markets. There are some other companies that we have been following also. How can we ...