No. of Recommendations: 3
The only problem you run into is that some of the capital gains can
be short-term. The long-term gains are merely bought over a "various"
time frame. You have to hold onto the documentation to maintain the
cost basis.

If you sell a portion of your holdings, you have to select if you are
selling specific shares - i.e. are you averaging the costs or selling
the last shares bought - or the first shares bought. Once you choose
the approach, you do have to stick with it as I understand. Tax
accountants may need to chime in for this part of the discussion.

Howie52
Life is simple.
Tax accounting is hard.
Interpreting the capital gains form instructions in the IRS documents
is a major cause for alcoholism.
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