Re: [club_cafe] active vs passive membershipI totally agree with "L". We finally modified our partnership agreement to state that all partners must be active contributors and must attend at least 80% of our monthly meetings. We were becoming a mutual fund that benefitted all because of the work of a ...

Re: How to handle late paymentsPaul, You should do whatever your partnership agreement says to do. If it isn't clear in the agreement, you need to adopt a policy. My club doesn't charge a late fee. We also do not require a set monthly payment (although we do have a ...

RE: club_cafe: Brokerage AccountsWe are using Harris Direct and have no issues. Online brokers used to experience 'down time' or crashes back in 1998-1999. Some alleged savvy traders used to tout the two and three brokerage accounts as a way to conduct 24/7 trading. I am trying to ...

Re: club_cafe: Import into BIVIO - A Spinoff Stock did not importBy the way, for any other NJ folks who are not accountants, how do you do the NJ tax? I have been to both Taxactonline.com and the NJ site. I chose to work at the NJ site. I am having second thoughts but don't want ...

RE: club_cafe: Annual Reports-Response to AndyThis is an interesting thing to think about because I think one of the things that can keep a club motivated might be goals that they set for themselves for the year. In that case, an annual report would be the appropriate time to discuss ...

Re: BAIDU (BIDU) 1 Year Price ProjectionWhoops, slight correction to what I just sent out.A The conversion for RMB to $ at the time of the BIDU recent quarterly report was 6.19 rather than 6.56. That would make the Yahoo 1 year target in US $254.84. Sorry about that. Laurie Frederiksen ...

WOMEN EMPOWERED INVESTMENT CLUBSHADES OF SUCCESS INVESTMENT CLUB Operating Procedures I. SOS MEMBERS. There will be not more than 15 members in the Shades of Success Investment Club. No member shall own in excess 10% of the total club earnings. Each member shall attend 8 meetings per year ...

Changing Your Club BrokerageIf your club is changing brokers you need to follow this process: Verify Your Information At Your Old Brokerage Prior to the transfer, you need to verify that the cost basis of each lot of each stock you own shown on the bivio "Investment Lot ...

How to organize a club?Dear Candis, Question: How do I go about organizing an investment club that will use bivio.com as the administrator of the club's account? The last time I attempted to organize a club, there was some interest, but that died when potential members were told about ...

Re: club_cafe: How to handle late paymentsHi Paul, We also assess late fee on payments/due received after the 10th of each month ($5.00). Using Bivio makes this a easy procedure to do. We simply enter the late payment/dues on the date in which it's received (Transaction Date), but use the Valuation ...

Re: [club_cafe] Transition from TDA to SchwabI have received this from TDAmeritrade and am not sure exactly what they mean. The only checks we ever right on our account are to member who has decided to quit the club or to a member that has paid for an expense that she ...

Re: club_cafe: Tellabs Acquisition of Advanced FibreThis is not a merger. According to the Prospectus, the transaction is fully taxable to shareholders of AFCI. What you need to do is the following: First, determine the value of .504 share of TLAB as of the time of the merger. It's not clear ...

Re: club_cafe: Changing treasurers on Buy and Hold.comDoesn't one officer have to receive and reconcile the monthly statements? If you do not write checks how do you pay a withdrawing member or pay for purchases that are made by the club? Since my name is on record with Waterhouse I receive all ...

Re: [club_cafe] GE Reverse Stock SplitThanks for the quick response, Laurie! We've already received the cash for the fractional shares as an "Unassigned Credit". It sounds like we should proceed as follows - Delete the "Unassigned Credit" Record the cash from the fractional share as a sale of stock Once ...

Re: [club_cafe] TD AMERITRADETD Ameritrade is an affiliate of TD Bank, but they don't have common controlling ownership.A Ameritrade bought a majority interest in TD Waterhouse from the TD Bank Financial Group in 2006.renaming the combined companies as TD Ameritrade. Toronto Dominion Bank retains a 42% ownership interest ...