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URL:  http://boards.fool.com/then-people-would-take-the-time-to-track-it-it-24294950.aspx

Subject:  Re: The Cost Basis Crisis Date:  7/1/2006  8:57 AM
Author:  JeanDavid Number:  87634 of 121061

Then people would take the time to track it.

It takes more than time. If you use Quicken and change brokerages a few times, endure stock splits, and are in DRIPS, Quicken has ways of totally screwing up the cost basis. So you better keep all those transaction slips. Which is fine now you know, but how about when Grandma leaves you stocks in her will, and mergers and acquisitions happened and she kept no records? Or if you moved and the movers lost the carton with your old financial records, and you do not realize it until you sell?
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