capital gains question, page-2

  1. Claws
    6,010 Posts.
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    29/08/06
    09:35
    Post #: 1762408
    Capital gains are always based on the earliest purchase if still part of your Holdings.
    ie: you buy 500 at $1, weeks later 1000 at $1.20, after that you average down with 2000 @ 90 cents.
    price goes up, and you sell 500 at $1.50.
    Capital gain is 50 cents per share.
    capiche?

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