Hi All, An investment club is a long term relationship and some clubs have trouble sustaining interest once the initial "honeymoon" period is over. Do any of you have any thoughts about how to do this that you'd like to share?A We've had a request ...
All, It has been 8 years since I have done a withdrawal of a member and now we have three. In addition the last time, I did anything other than a full cash withdrawal was 2004 (that was for a total of $700). The amounts ...
Hi All, It's September, A a time when many of us regroup and refocus on expanding our horizons by learning something new. I'm pleased to announce that over the summer, we've been busy working with our friends at Stock Rover to put together a 12 ...
I've set up my personal assets as a revocable living trust, in Michigan. Is there an issue with transferring my club partnership into the trust? Do I have to select Trust rather than Individual when answering the 2013 tax questionnaire?
Our club had 1000 shares of FNFG. It merged with KEY. KEY gave us 680 shares of KEY plus $2300. The merger form on bivio only mentions cash in lieu of Fractional shares. How does our club handle the 2300 cash?.
Another possibility is to have a member "buyout" the deceased member's account. The member buying the account out pays cash to the club then gets the deceased units That way there would be no stock sales and cash to the estate. Tim Hoyman, Colorado Leprechauns ...
After one of our members passed away back in April, our club selected a stock to transfer to his brokerage account in accordance with our partnership agreement. When we attempted to coordinate the transfer, his broker told us that the executor must open an estate ...
We have amended our PA many times by adding addendum to the bottom of the original document wit a reference to the addendum in the text line that has been changed. We are to the point of mas confusion. Is it acceptable to just start ...
Happy August everyone! Hope you're finding good ways to stay cool. It looks like some clubs may have taken an opportunity to find some bargains when the market took a dive at the beginning of July because of the Brexit vote. Overall in July clubs ...
A A South Shore Seniors Why are there no transactions shown since July 8th?A We have deposited $1,025 to 5th/3rd and A transferred $978.47 to Scottrade and sold 15 shares of GILD since then.A Our bivio figures are incorrect.A Our next meeting is thurs. Aug. ...