This board has been migrated to our new platform! Check out the new home page at discussion.fool.com or click below to go directly to the new Board on the new site.
Not sure if this is the correct spot to post this. I'm sorry if it's not. Is this scenario correct?Scenario: I buy 100 shares of Company XYZ at $50/share. I hold, and it drops to $20/share. I decide to buy 50 shares more. When I decide to sell, the shares I sell come from the first 100. So, if the price goes to $40 and I sell 50 shares, I take a $10/share loss because the 50 I sold are not the 50 I bought at $20/share. Is that correct? First in, first out?Thanks,Mike
Best Of |
Favorites & Replies |
My Fool |