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Technology Stocks : How high will Microsoft fly?
MSFT 503.37-1.6%Nov 13 3:59 PM EST

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To: Teflon who wrote (30411)10/5/1999 11:32:00 AM
From: PMS Witch  Read Replies (1) of 74651
 
Off topic: Split share's cost base...

A simple way of doing the math, if you haven't sold any shares is to add up how much you paid for your stock and divide this amount by the number of shares you have.

If you've been both buying and selling some stock, it gets a little harder. You must track your 'total' spent. I add the total cost of my purchases to this total, but, for sales, I subtract the number of shares multiplied by the cost base from this total. This is a royal pain in the rear, but our tax people require things be done this way. Investors who live in areas where shares can be bought and sold separately if segregated can track their trades for tax advantages. In Canada, similar securities must be 'blended' and the average cost base used.

Cheers, PW.

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