By: Cap
I always assumed that its a FIFO basis but then I realized that’s why they have broker assisted trades.. never traded enough to realize until I hold certain fun shares like you and your Yahoo shares....
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By: Jeremy
Great post, I have overlooked this fact because I don’t make enough income to be taxed substantially therefore it does not make a difference, but hopefully I will be coming to a point where this can...
View ArticleBy: Kate Kashman
Here lies one of the reasons I’m scared of investing in individual stocks. The whole thing looks like a tax nightmare, and I actually don’t mind taxes. {{shivers}} There has got to be a better way.
View ArticleBy: GloombergNews
@katekashman…there is, it’s called hiring a fee based financial manager.. they are in the best interest of your portfolio…when it goes up, its win/win…when it goes down…its lose/lose.. not to mention...
View ArticleBy: Andrew
I was always under the impression that you were obligated to sell the oldest lots first, but per IRS publication 550 this appears not to be the case. Thanks for pointing this out!
View ArticleBy: Corporate Barbarian
I like it when you dispel conventional wisdom. This is a perfect example. Thanks for the tip.
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