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#1
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Hi,
I have a question on calculating capital gains for stocks. Here is an example of what I mean. I bought 1,000 shares of company ABC for $4 per share. Several weeks later I bought another 1,000 shares of ABC for $3 per share. I recently sold 1,000 of the shares for $5.20. My question is how is exactly the capital gain calculated in this case? Does the calculation use the difference between the sale price and my average buy price ($3.50) or is it calculated differently? Thanks
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#2
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That's actually a very common question
![]() I hope this helps.
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#3
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Thanks Trent,
Averaging seems kind of unfair to me, especially if there was some time between the stock purchases, but if that's the way it then so be it. Thanks again
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