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Author: fleg9bo Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121599  
Subject: Being a pack rat pays off Date: 4/17/2008 2:12 PM
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I got my annual capital gains report from my broker with regard to a managed international stock account which is only available through brokers. It had one stock sale in 2007 with no purchase date or basis. His office said that was because the stock was purchased before 9/02, when he moved from RBC Dain Rauscher to Wachovia, where he is now. So I called RBC Dain Rauscher to see if they could help and they told me that my account records from that far back had been purged.

So I dug into my file cabinet and located the brokerage statement that showed the purchase, in 6/02, and was thus able to calculate my capital gain. It was a big enough gain that I didn't want to use $0 basis for convenience, nor did I want to research the stock price over the years to come up with some reasonable guess. So I'm glad I'm a pack rat.

--fleg
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