MAC Investment Club

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Welcome to the Official MACIC Website

Welcome to the MAC Investment Club

The MACIC is a student-operated investment club with $46,500 in management. The club was established within the heart of McMaster University's business school, the Michael G. DeGroote School of Business, student community - by the students for the students. The MAC Investment Club is not associated with McMaster University or the DeGroote School of Business. 
  

MACIC provides easy-to-use tools and resources that simplifies the management of your investment portfolios. MACIC is great for individuals looking to get more information about investing or to invest in a group setting. The club strives to provide a social and friendly setting to learn and have fun. 

 

Important Announcements

FINAL PICK UP DATE!

-       The final date to pick up the checks will be Tuesday March 30th, from 6:50-8:00 in the Commerce Lounge. This will be the final date. Any checks that are not picked up will be mailed out after several weeks as our signing officers will be changing next week.

 

Tax Information

 

For those of you who missed the email or didn’t get a tax slip when you picked up your check, here is the information for declaring capital gains.

 

The MAC Investment Club made capital gains of $2.48 per slot during 2009. To declare these capital gains, send information with your tax returns regarding your initial investment (number of slots x $250) and capital gains. Fill out a Schedule 3 form and record your capital gains on line 176. Information for 2010 will be sent out later this year.

 

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