The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/resort-to-the-swag-method-scientific-wild-a-x-x-16709597.aspx

Subject:  Re: lost the original cost basis Date:  2/13/2002  1:18 PM
Author:  hghcpa Number:  58914 of 121461

resort to the SWAG method (scientific wild a x x guess)!!

really though - sometimes a call to investor relations at the company will solve the problem. If that doesnt work then you may be able to find the quotes for the stock during the year of purchase and hopefully there will not be a wild fluctuation; you could then use a mean average of the trading range for that year.

I have seen other people use 50% of the sales price as a best estimate -- they can only be so wrong in either direction with that method.

pete



Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us