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keeping trade confirms (or other documentation) showing purchases until you dispose of an asset and handle the taxes on it is being prudent not a pack rat

It's not just being prudent, it's necessary. Although many brokers (especially the full service variety) provide basis information, they're not required to do so; it's the investor's responsibility to keep track of that, and to work out all the adjustments that go with splits, spinoffs, and acquisitions. It's not a particularly onerous task if you do it in a timely fashion, using a spreadsheet. If you wait until you sell an asset, perhaps many, many years after acquiring it, figuring the cost basis can be most vexing.

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