Naish,
Many thanks for taking the time to explain the process and highlight what I can and can't do.
So - I can be lazy and just accept the way e-trade tracks buys/sells, or I can ignore that and run my own accounting system from which I can monitor my current postion and generate the required tax time summaries.
In the past I have usually sold everything off in one go, or selling the oldest parcels first was what I wanted anyway, so it really wasn't much of an issue. My stake in LNG has changed all that !. I'd like to take advantage of some of the profits Ive already made to trade in and out of LNG as significant fluctuations occur over the next few years, and control the rate of capital gains realisation to balance the losses I've made :-( in other stocks ( well, at least for this FY )
Really appreciate your input on this.
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Naish, Many thanks for taking the time to explain the process...
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