When It’s Time To Cash Out

Here are some ways to handle club finances when members leave

says it could cost a club 3% to 10% or more of its portfolio to pay off a withdrawing member, depending on how long he or she has been with the club and what percent that member owns. All of the rules for paying out withdrawing members should be in the club’s bylaws. Such documents should also state when that person would receive his or her money; typically, clubs specify 60 days, giving partners enough time to gather the money.

To date, BWIC’s portfolio is valued at more than $150,000 and has holdings in some 21 companies in several sectors, including consumer staples, pharmaceuticals, technology, entertainment, and retail.
While green investors have been frightened off by all-time market lows, BWIC sees this as a buying opportunity. “We have been actively purchasing stock over the past few months,” says Williams.
BWIC’s Top Five Holdings

Company Exchange/Symbol Portfolio
weighting
Home Depot

NYSE: HD

20%
Cisco

Nasdaq: CSCO

18
Oracle

Nasdaq: ORCL

17
Microsoft

Nasdaq: MSFT

15
Wal-Mart

NYSE: WMT

08
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