On April 2 a mobile deposit was made to my club's checking account by someone not in our club. We've obtained a name from the credit union but they say that's as much as they can do. What do we do with this $25 deposit? ...
a€‹ One of the most difficult aspects of investing is the ability to make decisions unemotionally.A No matter how aware we are of trying to avoid this, it still affects us. I thought this was an interesting quiz from Charles Schwab.A It highlights some of ...
In month one, we had a member pass away. In month two, his bank sent us an automatic monthly contribution on his behalf. Later in month two, the bank retracted the erroneous contribution (as they should have). But, while this erroneous contribution was in our ...
Hi All, It's spring and some of you have taken on the role of investment club treasurer for the first time.A Others may have just joined a club or would like a refresher on how your club accounting works. Since it is often easier to ...
I have a journal entry from 2/26/2018 labeled as Unidentified credit, Cash Movement of Incoming Account Transfer with the amount of $996.45. I have entered dividends but I don't know how to do this entry or if I need to do something with this entry. ...
Bivio does a great job of reminding us to do an annual audit, something that is absolutely mandatory after all an investment club is a partnership which is a business entity. I personally do not like to just wait for the annual audit as I ...
As you may be aware, Scottrade accounts are being converted to TDAmeritrade accounts soon.A We have received several questions about what you need to do to handle this in bivio.A A Here is the answer: You will want to track your TDA transactions in a ...
Just spent almost two months trying to transfer the GA Model Club from Folio to Fidelity. I have been a satisfied customer with Fidelity for more than 35 years but have never been treated like this. The lawyers and the 'back office" would not accept ...
Not sure I understand all of it. My question we have a member whose name on roster is listed with Trust. should that be changed to just her name? Other member of the club do have trusts but I do not know who has what. ...
I have completed the move to Ameritrade and need to deactivate or close the Scottrade account. It is still showing up on my valuation report. Thanks, Mike Veteto
Someone please tell me how to do our partnership taxes, we only invest in mutual funds. We didn't sell any in 2017. Do we only report dividends as income? Please Help.
My club only invest in Mutual Funds. We buy $300 a month worth. While setting up the club what do I put for Acquisition Date, Adjusted Cost Basis, and Shares ? Also, when I do takes, do I just look at the gain in mutual ...
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of Peter Dunkelberger via bivio.com <user*26984900001@bivio.com> Sent: Wednesday, March 28, 2018 11:36 PM To: club_cafe@bivio.com Subject: Re: [club_cafe] Partnership Taxes Did your broker or the funds send you a year end tax document? Peter Dunkelberger On Wed, Mar 28, 2018 ...
Some of you have been confused lately when you received messages sent to Club Cafe.A A They are the ones with [club_cafe] as the beginning of the subject line. Here is a description of what Club Cafe is and why you are getting the messages: ...